Housing Market Analysis for MERITON RISE, IP7 5SB

Are you looking to understand IP7 5SB 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 Babergh postcode.

For the location information and nearby amenities in the IP7 5SB area, explore the IP7 5SB Area information page.
For comprehensive crime statistics in the IP7 5SB area, explore the IP7 5SB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP7 5SB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £297,500 median price is £250,000 Standard Deviation is £132,924 with Total Sold: 4
    • The Last 5 Year average price is £410,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 MERITON RISE: £510,000 (Sold on 07 Mar 2023)
    • The first recorded sale happened at this postcode is 9 MERITON RISE: £180,000 (Sold on 17 Apr 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average IP7 5SB 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
2023£510,000 £4,146 1
2020£310,000 £2,562 1
2004£190,0001
2003£180,0001

All the Sales in the MERITON RISE, IP7 5SB

See the table below for more details on the sold house prices in the IP7 5SB, Babergh postcode.

AddressSold DatePrice% Change
7 MERITON RISEDetached, FreeholdArea: 123 Sq.mtrAge: 1967-197507 Mar 2023£510,000First Sale
10 MERITON RISEDetached, FreeholdArea: 121 Sq.mtrAge: 1967-197530 Oct 2020£310,000First Sale
1 MERITON RISEDetached, Freehold01 Oct 2004£190,000First Sale
9 MERITON RISEDetached, Freehold17 Apr 2003£180,000First Sale

Check out the sold house prices near the IP7 5SB postcode. Properties currently for saleProperties currently for rent

MERITON RISE, IP7 5SB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP7 5SB 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 IP7 5SB postcode.

  • Detached
    • The average price is around £193,646 median price is £190,000 Standard Deviation is £106,859 with Total Sold: 405
    • The Last 5 Year average price is £345,239 with Total Sold: 55
    • The most recent sale happened at this postcode is , 1 WOODTHORPE CLOSE: £325,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 GLANVILLE ROAD: £79,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £133,319 median price is £129,500 Standard Deviation is £75,174 with Total Sold: 301
    • The Last 5 Year average price is £247,020 with Total Sold: 41
    • The most recent sale happened at this postcode is , 56 WILSON ROAD: £223,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 41 STATION ROAD: £59,995 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £74,187 median price is £85,000 Standard Deviation is £32,164 with Total Sold: 32
    • The Last 5 Year average price is £125,625 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 4, MILLFIELD HOUSE, 48 WILSON ROAD: £140,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is FLAT 4, MILLFIELD HOUSE, 48 WILSON ROAD: £38,500 (Sold on 16 Apr 1998)
  • Terraced
    • The average price is around £112,179 median price is £115,000 Standard Deviation is £56,266 with Total Sold: 217
    • The Last 5 Year average price is £194,293 with Total Sold: 29
    • The most recent sale happened at this postcode is , 21 AYLWARD CLOSE: £145,000 (Sold on 09 Apr 2024)
    • The first recorded sale happened at this postcode is , 58 AYLWARD CLOSE: £34,000 (Sold on 06 Feb 1995)
  • Other
    • The average price is around £733,333 median price is £660,000 Standard Deviation is £456,113 with Total Sold: 3
    • The Last 5 Year average price is £215,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 3 CLOPTON GARDENS: £215,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , FRENCHS FARM POND HALL ROAD: £1,325,000 (Sold on 29 Jun 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£404,333 £3,867 3
2023£383,000 £3,518 5
2022£373,200 £3,527 10
2021£319,538 £3,464 12
2020£345,167 £3,288 12
2019£319,362 £3,281 13
2018£290,571 £3,272 7
2017£323,950 £3,036 10
2016£292,125 £3,044 8
2015£230,750 £2,673 4
2014£238,104 £2,356 13
2013£211,500 £2,134 12
2012£213,071 £2,165 7
2011£244,333 £2,203 9
2010£213,604 £2,220 12
2009£222,643 £2,023 14
2008£230,842 £2,185 12
2007£240,025 £2,442 16
2006£210,097 £1,958 20
2005£204,222 £2,168 9
2004£199,692 £2,027 26
2003£214,708 £1,634 12
2002£160,988 £1,666 20
2001£121,368 £1,277 19
2000£111,444 £1,132 18
1999£88,925 £913 18
1998£77,045 £885 22
1997£72,434 £767 31
1996£87,296 £723 16
1995£67,483 £789 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,6005
2023£249,761 £3,679 7
2022£313,800 £4,297 5
2021£234,700 £3,423 10
2020£250,500 £3,344 5
2019£212,000 £3,009 9
2018£239,333 £3,151 6
2017£211,500 £3,448 6
2016£204,000 £2,632 7
2015£172,916 £2,495 6
2014£154,500 £2,535 6
2013£147,417 £2,090 6
2012£172,071 £2,513 7
2011£147,938 £2,761 8
2010£150,944 £2,670 10
2009£154,042 £2,039 12
2008£165,749 £2,437 8
2007£175,792 £2,520 12
2006£159,538 £2,603 13
2005£134,350 £2,076 10
2004£130,375 £2,317 12
2003£126,500 £1,748 10
2002£98,909 £1,560 11
2001£75,202 £1,144 13
2000£72,653 £1,127 13
1999£65,982 £820 19
1998£55,016 £872 15
1997£54,161 £744 19
1996£46,651 £754 19
1995£48,858 £706 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,0001
2021£115,000 £2,875 1
2020£123,750 £3,094 2
2018£123,000 £3,075 1
2015£95,000 £2,375 1
2011£90,500 £2,262 2
2006£100,667 £2,026 3
2005£89,874 £2,181 4
2004£84,000 £2,100 1
2003£88,500 £1,639 1
2000£46,899 £1,036 5
1999£43,0001
1998£40,111 £911 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,0001
2023£202,624 £3,885 4
2022£213,000 £3,918 7
2021£195,722 £3,637 9
2020£197,500 £3,591 3
2019£166,800 £3,457 5
2018£156,250 £3,244 2
2017£174,167 £3,934 3
2016£161,775 £3,129 4
2015£167,688 £2,933 4
2014£165,650 £2,612 10
2013£136,125 £2,878 4
2012£146,438 £2,636 8
2011£125,250 £2,385 4
2010£142,000 £2,346 1
2009£143,300 £2,425 5
2008£136,500 £2,650 5
2007£148,325 £2,387 10
2006£133,143 £2,636 7
2005£127,937 £2,278 8
2004£122,778 £2,062 9
2003£104,846 £2,253 13
2002£99,832 £1,656 6
2001£67,416 £1,239 12
2000£62,625 £1,097 6
1999£56,106 £1,020 8
1998£55,951 £933 20
1997£49,345 £897 26
1996£48,151 £843 8
1995£42,890 £685 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£215,000 £3,071 1
2018£660,000 £3,420 1
2016£1,325,000 £4,699 1

House Type in IP7 5SB area

The most common house types in the IP7 5SB postcode area are Detached (109), Semi-detached (8), and Terraced (1).

Total118
Detached109
Semi-detached8
Terraced1
Flat0
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 (63), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright63
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP7 5SB have 2 people in household (49), and 1 person in household (23).

2 people in household49
1 person in household23
3 people in household19
4 people in household19
5 people in household5
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0