Housing Market Analysis for NEW ROAD, IP7 7BU

Are you looking to understand IP7 7BU 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 7BU area, explore the IP7 7BU Area information page.
For comprehensive crime statistics in the IP7 7BU area, explore the IP7 7BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP7 7BU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £816,667 median price is £835,000 Standard Deviation is £72,610 with Total Sold: 3
    • The Last 5 Year average price is £895,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE OLD HOUSE NEW ROAD: £895,000 (Sold on 16 Dec 2020)
    • The first recorded sale happened at this postcode is THE OLD HOUSE NEW ROAD: £720,000 (Sold on 04 Oct 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average IP7 7BU 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
2020£895,0001
2016£835,0001
2013£720,0001

All the Sales in the NEW ROAD, IP7 7BU

See the table below for more details on the sold house prices in the IP7 7BU, Babergh postcode.

AddressSold DatePrice% Change
THE OLD HOUSE NEW ROADDetached, Freehold16 Dec 2020£895,0007.19%
06 May 2016£835,00015.97%
04 Oct 2013£720,000First Sale

Check out the sold house prices near the IP7 7BU postcode. Properties currently for saleProperties currently for rent

NEW ROAD, IP7 7BU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP7 7BU 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 7BU postcode.

  • Detached
    • The average price is around £396,826 median price is £290,000 Standard Deviation is £274,929 with Total Sold: 23
    • The Last 5 Year average price is £668,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , COOPERS FARM TAYLORS LANE: £860,000 (Sold on 30 Jun 2022)
    • The first recorded sale happened at this postcode is , POND COTTAGE WHATFIELD ROAD: £77,500 (Sold on 23 Aug 1995)
  • Semi-Detached
    • The average price is around £386,000 median price is £363,000 Standard Deviation is £162,076 with Total Sold: 3
    • The Last 5 Year average price is £595,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , LITTLE GRANGE THE GREEN: £595,000 (Sold on 02 Sep 2020)
    • The first recorded sale happened at this postcode is , LITTLE GRANGE THE GREEN: £200,000 (Sold on 22 Oct 2003)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£593,333 £4,401 3
2020£895,0001
2019£212,000 £4,544 1
2018£300,000 £4,709 1
2016£687,500 £2,967 2
2015£237,500 £4,287 2
2013£720,0001
2011£850,000 £3,282 1
2007£200,000 £4,287 1
2003£465,0001
2002£290,000 £1,151 1
2001£324,000 £2,216 2
1999£325,0001
1998£100,000 £942 2
1996£39,500 £847 1
1995£176,250 £972 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£595,000 £4,008 1
2010£363,000 £2,445 1
2003£200,000 £1,347 1

House Type in IP7 7BU area

The most common house types in the IP7 7BU postcode area are Detached (111), Semi-detached (59), and Terraced (11).

Total185
Detached111
Semi-detached59
Terraced11
Flat2
converted building1
temporary structure1
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (89), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright89
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency19
Social rented: Rents from council or Local Authority15
Social rented: Other social rented7
Private rented: Other private rented7
Shared ownership: Shared ownership5
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP7 7BU have 2 people in household (78), and 1 person in household (53).

2 people in household78
1 person in household53
3 people in household29
4 people in household20
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0