Housing Market Analysis for LANCASTER DRIVE, IP5 3TJ

Are you looking to understand IP5 3TJ 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 3TJ area, explore the IP5 3TJ Area information page.
For comprehensive crime statistics in the IP5 3TJ area, explore the IP5 3TJ Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £175,722 median price is £139,995 Standard Deviation is £87,373 with Total Sold: 9
    • The Last 5 Year average price is £222,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 24A LANCASTER DRIVE: £222,000 (Sold on 08 Aug 2022)
    • The first recorded sale happened at this postcode is 20 LANCASTER DRIVE: £108,000 (Sold on 29 May 1997)
  • Detached
    • The average price is around £330,188 median price is £273,750 Standard Deviation is £178,468 with Total Sold: 24
    • The Last 5 Year average price is £579,625 with Total Sold: 4
    • The most recent sale happened at this postcode is 17 LANCASTER DRIVE: £720,000 (Sold on 31 Jan 2022)
    • The first recorded sale happened at this postcode is 25 LANCASTER DRIVE: £770,000 (Sold on 06 Dec 2023)
  • Flat
    • The average price is around £132,145 median price is £140,000 Standard Deviation is £40,714 with Total Sold: 30
    • The Last 5 Year average price is £183,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 24C LANCASTER DRIVE: £175,000 (Sold on 28 Sep 2021)
    • The first recorded sale happened at this postcode is 24A LANCASTER DRIVE: £48,000 (Sold on 16 Mar 1995)
  • Terraced
    • The average price is around £177,500 median price is £177,500 Standard Deviation is £52,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 LANCASTER DRIVE: £230,000 (Sold on 08 Jul 2016)
    • The first recorded sale happened at this postcode is 24B LANCASTER DRIVE: £125,000 (Sold on 09 Dec 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average IP5 3TJ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£222,000 £2,846 1
2016£179,000 £2,295 1
2014£326,500 £2,093 1
2013£310,000 £2,925 1
2003£117,000 £1,902 2
2001£62,000 £1,008 1
1999£139,9951
1997£108,000 £692 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£720,000 £3,582 1
2019£414,250 £2,925 2
2018£430,000 £2,471 1
2016£455,000 £1,830 1
2015£477,667 £2,088 3
2013£320,000 £2,173 2
2010£254,500 £1,606 1
2007£282,500 £1,339 1
2006£265,0001
2005£240,0001
2004£343,0001
2002£235,000 £794 1
2000£150,750 £1,189 2
1999£164,000 £816 1
1997£154,250 £801 2
1995£127,000 £574 2
2023£770,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£182,500 £2,269 2
2017£175,000 £2,188 1
2016£165,000 £2,062 2
2015£140,000 £2,593 1
2014£137,500 £1,794 2
2013£125,000 £1,562 1
2012£133,000 £1,603 2
2011£152,000 £1,929 1
2010£149,317 £1,932 3
2008£140,000 £1,867 1
2007£158,650 £2,069 3
2006£130,000 £1,625 2
2003£109,475 £1,378 2
2002£118,000 £1,595 1
2001£74,995 £951 1
2000£68,000 £850 1
2023£185,000 £2,345 1
1999£60,000 £750 1
1997£39,500 £458 1
1995£48,000 £615 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£230,000 £3,108 1
2005£125,000 £1,582 1

All the Sales in the LANCASTER DRIVE, IP5 3TJ

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

AddressSold DatePrice% Change
24A LANCASTER DRIVESemi-Detached, LeaseholdArea: 78 Sq.mtrAge: 1976-198208 Aug 2022£222,00024.02%
23 Sep 2016£179,00020.95%
17 Sep 2010£148,0004.96%
27 Mar 2007£141,000193.75%
16 Mar 1995£48,000First Sale
17 LANCASTER DRIVEDetached, FreeholdArea: 201 Sq.mtrAge: 1983-199031 Jan 2022£720,000339.02%
23 Jul 1999£164,00023.77%
04 Sep 1995£132,500First Sale
24C LANCASTER DRIVEFlat, LeaseholdArea: 75 Sq.mtrAge: 1976-198228 Sep 2021£175,000First Sale
22D LANCASTER DRIVEFlat, LeaseholdArea: 86.17 Sq.mtrAge: 1976-198209 Sep 2021£190,00043.94%
15 Aug 2012£132,000-5.71%
04 Oct 2006£140,000254.43%
17 Jan 1997£39,500First Sale
3 LANCASTER DRIVEDetached, FreeholdArea: 101 Sq.mtrAge: 1976-198227 Mar 2019£372,500First Sale
28 LANCASTER DRIVEDetached, FreeholdArea: 211 Sq.mtrAge: 1983-199030 Jan 2019£456,00016.92%
02 Apr 2015£390,00038.05%
06 Sep 2007£282,500First Sale
26 LANCASTER DRIVEDetached, FreeholdArea: 174 Sq.mtrAge: 1976-198230 Aug 2018£430,000First Sale
24D LANCASTER DRIVEFlat, LeaseholdArea: 80 Sq.mtrAge: 1976-198229 Sep 2017£175,00030.60%
25 Jul 2012£134,0007.24%
02 Feb 2007£124,950First Sale
22C LANCASTER DRIVEFlat, LeaseholdArea: 80 Sq.mtrAge: 1983-199011 Nov 2016£165,00032.00%
04 Oct 2013£125,00014.68%
03 Feb 2003£109,000First Sale
40 LANCASTER DRIVEDetached, FreeholdArea: 248.58 Sq.mtrAge: 1983-199009 Aug 2016£455,000274.49%
26 May 1995£121,500First Sale
8 LANCASTER DRIVETerraced, LeaseholdArea: 74 Sq.mtrAge: 1983-199008 Jul 2016£230,0009.52%
23 Feb 2007£210,00077.97%
27 Sep 2002£118,000First Sale
22B LANCASTER DRIVEFlat, LeaseholdArea: 80 Sq.mtrAge: 1991-199524 Mar 2016£165,000142.65%
05 Jan 2000£68,00013.33%
17 Jun 1999£60,000First Sale
15 LANCASTER DRIVEDetached, FreeholdArea: 296 Sq.mtrAge: 1976-198227 Nov 2015£628,000167.23%
13 May 2002£235,000First Sale
42 LANCASTER DRIVEDetached, FreeholdArea: 181 Sq.mtrAge: 1983-199024 Apr 2015£415,000186.21%
17 Jan 1997£145,000First Sale
10A LANCASTER DRIVEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-199006 Mar 2015£140,000First Sale
20 LANCASTER DRIVESemi-Detached, FreeholdArea: 156 Sq.mtrAge: 1983-199019 Sep 2014£326,500202.31%
29 May 1997£108,000First Sale
24B LANCASTER DRIVEFlat, LeaseholdArea: 79 Sq.mtrAge: 1983-199027 May 2014£150,00020.00%
09 Dec 2005£125,000First Sale
12E LANCASTER DRIVEFlat, LeaseholdArea: 74 Sq.mtrAge: 1983-199013 Jan 2014£125,000First Sale
18 LANCASTER DRIVESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1976-198218 Dec 2013£310,000First Sale
19 LANCASTER DRIVEDetached, FreeholdArea: 194.03 Sq.mtrAge: 1983-199018 Nov 2013£390,000First Sale
30 LANCASTER DRIVEDetached, FreeholdArea: 107 Sq.mtrAge: 1976-198225 Sep 2013£250,00059.74%
06 Jul 2000£156,500First Sale
10B LANCASTER DRIVEFlat, LeaseholdArea: 78.79 Sq.mtrAge: 1983-199019 Dec 2011£152,000First Sale
10C LANCASTER DRIVEFlat, LeaseholdArea: 75 Sq.mtrAge: 1983-199029 Oct 2010£145,0003.57%
04 Jul 2008£140,000First Sale
38 LANCASTER DRIVEDetached, FreeholdArea: 158.44 Sq.mtrAge: 1983-199029 Oct 2010£254,50075.52%
08 Sep 2000£145,000First Sale
10D LANCASTER DRIVEFlat, LeaseholdArea: 78.9 Sq.mtrAge: 1983-199022 Jan 2010£154,95040.93%
11 Mar 2003£109,95046.61%
12 Apr 2001£74,995-59.46%
20 Oct 2023£185,000First Sale
36 LANCASTER DRIVEDetached, Freehold10 Nov 2006£265,000First Sale
12B LANCASTER DRIVEFlat, Leasehold13 Apr 2006£120,000First Sale
34 LANCASTER DRIVEDetached, Freehold29 Jul 2005£240,000First Sale
11 LANCASTER DRIVEDetached, Freehold13 Feb 2004£343,000First Sale
22A LANCASTER DRIVESemi-Detached, LeaseholdArea: 61.5 Sq.mtrAge: 1983-199020 Aug 2003£124,00012.73%
07 Mar 2003£110,00077.42%
19 Jun 2001£62,000First Sale
5 LANCASTER DRIVESemi-Detached, Freehold12 Aug 1999£139,995First Sale
1 LANCASTER DRIVEDetached, Freehold26 Nov 1997£163,500First Sale
25 LANCASTER DRIVEDetached, Freehold06 Dec 2023£770,000First Sale

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

LANCASTER DRIVE, IP5 3TJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP5 3TJ 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 3TJ postcode.

  • Detached
    • The average price is around £254,939 median price is £229,000 Standard Deviation is £146,287 with Total Sold: 175
    • The Last 5 Year average price is £425,696 with Total Sold: 28
    • 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 £157,471 median price is £140,998 Standard Deviation is £89,749 with Total Sold: 80
    • The Last 5 Year average price is £307,714 with Total Sold: 7
    • 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£584,167 £3,735 6
2022£481,200 £3,952 5
2021£357,417 £3,461 6
2020£302,600 £3,323 5
2019£410,200 £3,205 5
2018£453,500 £2,736 2
2017£239,000 £3,498 2
2016£432,500 £2,603 4
2015£358,800 £2,704 10
2014£276,250 £2,551 10
2013£312,200 £2,211 5
2012£238,700 £1,984 5
2011£222,833 £2,193 6
2010£295,250 £1,857 4
2009£230,500 £2,410 3
2008£180,500 £1,861 2
2007£343,056 £2,017 9
2006£221,167 £1,711 9
2005£208,833 £1,556 3
2004£236,024 £1,815 9
2003£215,750 £1,926 4
2002£206,000 £1,378 8
2001£208,786 £1,181 7
2000£122,619 £1,136 8
1999£147,481 £889 9
1998£97,974 £845 12
1997£132,100 £891 5
1996£93,239 £786 5
1995£82,083 £635 6
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£222,000 £2,846 1
2021£385,667 £3,975 3
2020£247,500 £3,300 1
2019£242,500 £2,725 1
2018£246,000 £3,280 1
2016£235,833 £2,237 3
2015£221,250 £2,371 2
2014£273,500 £2,630 3
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£177,750 £2,047 4
2006£188,878 £2,170 6
2005£140,000 £1,543 1
2004£129,698 £1,704 5
2003£163,625 £1,741 4
2002£153,5001
2001£134,300 £1,482 5
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 3TJ area

The most common house types in the IP5 3TJ 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 3TJ 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