Housing Market Analysis for LANCASTER DRIVE, IP5 3TH

Are you looking to understand IP5 3TH house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Suffolk postcode.

For the location information and nearby amenities in the IP5 3TH area, explore the IP5 3TH Area information page.
For comprehensive crime statistics in the IP5 3TH area, explore the IP5 3TH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP5 3TH postcode area, The average prices are as follows,

  • Detached
    • The average price is around £326,667 median price is £275,000 Standard Deviation is £185,308 with Total Sold: 3
    • The Last 5 Year average price is £575,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 LANCASTER DRIVE: £575,000 (Sold on 16 Mar 2021)
    • The first recorded sale happened at this postcode is 2 LANCASTER DRIVE: £130,000 (Sold on 18 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP5 3TH house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£575,000 £4,228 1
2003£275,000 £2,022 1
1998£130,000 £956 1

All the Sales in the LANCASTER DRIVE, IP5 3TH

See the table below for more details on the sold house prices in the IP5 3TH, East Suffolk postcode.

AddressSold DatePrice% Change
2 LANCASTER DRIVEDetached, FreeholdArea: 136 Sq.mtrAge: 1983-199016 Mar 2021£575,000109.09%
20 Jun 2003£275,000111.54%
18 Dec 1998£130,000First Sale

Check out the sold house prices near the IP5 3TH postcode. Properties currently for saleProperties currently for rent

LANCASTER DRIVE, IP5 3TH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP5 3TH postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP5 3TH postcode.

  • Detached
    • The average price is around £275,143 median price is £250,000 Standard Deviation is £150,769 with Total Sold: 218
    • The Last 5 Year average price is £450,797 with Total Sold: 37
    • The most recent sale happened at this postcode is , 2 NETHERWOOD COURT: £300,000 (Sold on 01 May 2024)
    • The first recorded sale happened at this postcode is , 61 COOPERS ROAD: £57,000 (Sold on 07 Feb 1995)
  • Terraced
    • The average price is around £148,597 median price is £154,975 Standard Deviation is £76,579 with Total Sold: 44
    • The Last 5 Year average price is £251,750 with Total Sold: 6
    • The most recent sale happened at this postcode is , 45 COOPERS ROAD: £250,000 (Sold on 19 Feb 2024)
    • The first recorded sale happened at this postcode is , 34 COOPERS ROAD: £44,000 (Sold on 10 Feb 1995)
  • Flat
    • The average price is around £128,656 median price is £134,000 Standard Deviation is £46,409 with Total Sold: 47
    • The Last 5 Year average price is £200,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 10D LANCASTER DRIVE: £185,000 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is , 24A LANCASTER DRIVE: £48,000 (Sold on 16 Mar 1995)
  • Semi-Detached
    • The average price is around £164,628 median price is £155,000 Standard Deviation is £92,740 with Total Sold: 91
    • The Last 5 Year average price is £285,100 with Total Sold: 10
    • The most recent sale happened at this postcode is , 41 COOPERS ROAD: £285,000 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is , 5 MAYFIELD LANE: £58,500 (Sold on 07 Apr 1995)
  • Other
    • The average price is around £59,780 median price is £59,780 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , UNIT 41 BARRACK SQUARE: £59,780 (Sold on 27 Apr 2017)
    • The first recorded sale happened at this postcode is , UNIT 41 BARRACK SQUARE: £59,780 (Sold on 27 Apr 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,0001
2023£568,750 £3,770 8
2022£487,667 £3,987 6
2021£423,950 £3,350 10
2020£302,600 £3,323 5
2019£450,143 £3,142 7
2018£457,333 £2,736 3
2017£239,000 £3,498 2
2016£443,571 £2,519 7
2015£362,091 £2,609 11
2014£299,375 £2,479 12
2013£312,200 £2,211 5
2012£253,917 £1,989 6
2011£248,875 £2,584 8
2010£308,800 £2,025 5
2009£255,375 £2,410 4
2008£252,750 £1,861 4
2007£345,208 £2,161 12
2006£247,773 £1,803 11
2005£243,500 £1,550 4
2004£256,368 £1,757 12
2003£235,500 £2,252 6
2002£218,300 £1,334 10
2001£202,062 £1,181 8
2000£138,717 £1,136 9
1999£143,439 £897 11
1998£100,053 £876 13
1997£131,250 £891 6
1996£93,239 £786 5
1995£86,786 £667 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,0001
2022£295,000 £2,864 1
2020£200,000 £2,676 1
2019£255,167 £3,187 3
2018£295,000 £3,063 1
2017£236,500 £2,988 2
2016£230,000 £3,108 1
2015£189,995 £2,568 1
2014£187,500 £2,324 2
2013£156,250 £1,909 2
2011£189,000 £2,206 2
2010£227,000 £2,104 1
2009£208,000 £1,854 1
2008£174,500 £1,812 1
2006£162,736 £1,927 4
2005£130,500 £1,710 2
2003£116,500 £1,559 1
2002£139,495 £1,448 1
2001£89,248 £898 2
2000£74,000 £1,000 1
1999£56,750 £763 2
1998£55,750 £732 4
1997£65,700 £682 1
1996£69,500 £822 1
1995£54,530 £627 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£185,000 £2,345 1
2022£250,000 £3,333 1
2021£182,500 £2,269 2
2017£190,000 £2,517 2
2016£168,833 £2,192 3
2015£140,000 £2,593 1
2014£143,667 £1,889 3
2013£125,000 £1,562 1
2012£133,000 £1,603 2
2011£152,000 £1,929 1
2010£146,362 £1,843 4
2008£140,000 £1,867 1
2007£154,488 £2,069 4
2006£130,000 £1,625 2
2005£127,5002
2004£134,250 £1,907 2
2003£109,475 £1,378 2
2002£97,625 £1,324 4
2001£74,995 £951 1
2000£72,500 £850 2
1999£60,000 £750 1
1997£39,500 £458 1
1996£44,000 £629 1
1995£48,833 £655 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£285,000 £3,800 1
2022£246,000 £3,050 2
2021£346,750 £3,827 4
2020£222,250 £3,378 2
2019£242,500 £2,725 1
2018£246,000 £3,280 1
2017£317,500 £3,130 2
2016£235,833 £2,237 3
2015£221,250 £2,371 2
2014£286,375 £2,711 4
2013£222,833 £2,815 3
2012£182,500 £2,051 1
2010£200,000 £1,854 1
2009£163,500 £2,003 2
2008£340,0001
2007£175,600 £2,183 5
2006£188,878 £2,170 6
2005£160,667 £1,595 3
2004£129,698 £1,704 5
2003£163,625 £1,741 4
2002£145,5002
2001£125,250 £1,380 6
2000£79,660 £1,019 5
1999£93,832 £817 6
1998£69,025 £655 5
1997£84,000 £630 7
1996£61,250 £601 2
1995£76,000 £635 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£59,7801

House Type in IP5 3TH area

The most common house types in the IP5 3TH postcode area are Detached (87), Flat (27), and Semi-detached (3).

Total118
Detached87
Flat27
Semi-detached3
Terraced1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright76
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP5 3TH have 2 people in household (60), and 1 person in household (25).

2 people in household60
1 person in household25
3 people in household17
4 people in household11
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0