Housing Market Analysis for IP7 7LB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £503,750 median price is £503,750 Standard Deviation is £271,250 with Total Sold: 2
    • The most recent sale happened at this postcode is BRICK KILN COTTAGE: £232,500 (Sold on 12 Apr 2007)
    • The first recorded sale happened at this postcode is WATTISHAM CASTLE: £775,000 (Sold on 18 Dec 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IP7 7LB 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
2007£232,500 £3,811 1
2002£775,0001

All the Sales in the IP7 7LB

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

AddressSold DatePrice% Change
BRICK KILN COTTAGEDetached, FreeholdArea: 61 Sq.mtrAge: 1900-192912 Apr 2007£232,500First Sale
WATTISHAM CASTLEDetached, Freehold18 Dec 2002£775,000First Sale

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

IP7 7LB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £406,250 median price is £371,250 Standard Deviation is £257,964 with Total Sold: 4
    • The most recent sale happened at this postcode is , CHERRY TREE COTTAGE HITCHAM ROAD: £510,000 (Sold on 25 Aug 2017)
    • The first recorded sale happened at this postcode is , GREY GABLES BIRD STREET: £107,500 (Sold on 23 Aug 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£510,000 £1,672 1
2007£232,500 £3,811 1
2002£775,0001
1996£107,5001

House Type in IP7 7LB area

The most common house types in the IP7 7LB postcode area are Detached (114), Semi-detached (63), and Flat (2).

Total180
Detached114
Semi-detached63
Flat2
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 (69), and Owned: Owns with a mortgage or loan (59).

Owned: Owns outright69
Owned: Owns with a mortgage or loan59
Private rented: Private landlord or letting agency26
Social rented: Rents from council or Local Authority14
Private rented: Other private rented10
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP7 7LB have 2 people in household (82), and 1 person in household (38).

2 people in household82
1 person in household38
3 people in household28
4 people in household20
5 people in household10
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0