Housing Market Analysis for ELM LANE, IP8 3ET

Are you looking to understand IP8 3ET 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 IP8 3ET area, explore the IP8 3ET Area information page.
For comprehensive crime statistics in the IP8 3ET area, explore the IP8 3ET Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP8 3ET postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,125,000 median price is £1,125,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,125,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WEST HILL ELM LANE: £1,125,000 (Sold on 09 Aug 2021)
    • The first recorded sale happened at this postcode is WEST HILL ELM LANE: £1,125,000 (Sold on 09 Aug 2021)
  • Detached
    • The average price is around £396,950 median price is £400,000 Standard Deviation is £123,280 with Total Sold: 10
    • The Last 5 Year average price is £469,167 with Total Sold: 3
    • The most recent sale happened at this postcode is COACHMANS ELM LANE: £595,000 (Sold on 29 Jul 2019)
    • The first recorded sale happened at this postcode is CORNERWAYS ELM LANE: £127,000 (Sold on 27 Jan 1997)
  • Terraced
    • The average price is around £102,214 median price is £106,000 Standard Deviation is £37,800 with Total Sold: 7
    • The most recent sale happened at this postcode is 2 ELM LANE: £140,000 (Sold on 17 Feb 2014)
    • The first recorded sale happened at this postcode is 3 ELM LANE: £47,500 (Sold on 20 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 3ET 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,125,000 £3,689 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£469,167 £2,678 3
2014£375,0001
2010£425,000 £1,455 1
2008£495,0001
2007£472,0001
2003£348,000 £1,192 1
1998£320,000 £2,667 1
1997£127,000 £760 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£140,000 £1,647 1
2011£110,000 £2,644 1
2009£162,000 £2,346 1
2006£106,000 £2,548 1
2003£89,995 £1,059 1
1998£60,0001
1997£47,500 £688 1

All the Sales in the ELM LANE, IP8 3ET

See the table below for more details on the sold house prices in the IP8 3ET, Babergh postcode.

AddressSold DatePrice% Change
WEST HILL ELM LANEOther, FreeholdArea: 305 Sq.mtrAge: before 190009 Aug 2021£1,125,000First Sale
COACHMANS ELM LANEDetached, FreeholdArea: 292 Sq.mtrAge: before 190029 Jul 2019£595,00040.00%
05 Mar 2010£425,00022.13%
06 Mar 2003£348,000First Sale
7 ELM LANEDetached, FreeholdArea: 105 Sq.mtrAge: 1950-196621 Jun 2019£320,000First Sale
CORNERWAYS ELM LANEDetached, FreeholdArea: 167 Sq.mtrAge: 1950-196608 Mar 2019£492,500287.80%
27 Jan 1997£127,000First Sale
KILAGUNI ELM LANEDetached, Freehold20 Feb 2014£375,000First Sale
2 ELM LANETerraced, FreeholdArea: 85 Sq.mtrAge: before 190017 Feb 2014£140,00055.56%
26 Feb 2003£89,995First Sale
4 ELM LANETerraced, FreeholdArea: 41.6 Sq.mtrAge: before 190014 Apr 2011£110,0003.77%
05 May 2006£106,000First Sale
3 ELM LANETerraced, FreeholdArea: 69.06 Sq.mtrAge: before 190031 Jul 2009£162,000241.05%
20 Mar 1997£47,500First Sale
WEST HILL COTTAGE ELM LANEDetached, Freehold26 Feb 2008£495,000First Sale
ST PATRICKS ELM LANEDetached, Freehold20 Aug 2007£472,000First Sale
6 ELM LANETerraced, Freehold04 Sep 1998£60,000First Sale
STONEHURST ELM LANEDetached, FreeholdArea: 120 Sq.mtrAge: 1930-194912 Jun 1998£320,000First Sale

Check out the sold house prices near the IP8 3ET postcode. Properties currently for saleProperties currently for rent

ELM LANE, IP8 3ET Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP8 3ET 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 IP8 3ET postcode.

  • Semi-Detached
    • The average price is around £191,328 median price is £175,000 Standard Deviation is £115,718 with Total Sold: 35
    • The Last 5 Year average price is £295,600 with Total Sold: 10
    • The most recent sale happened at this postcode is 1, ROSE COTTAGES BACK LANE: £395,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , ELM HOUSE OLD LONDON ROAD: £62,000 (Sold on 14 Jun 1996)
  • Detached
    • The average price is around £378,397 median price is £320,000 Standard Deviation is £266,379 with Total Sold: 65
    • The Last 5 Year average price is £542,500 with Total Sold: 13
    • The most recent sale happened at this postcode is , HALL FARM CHURCH LANE: £1,975,000 (Sold on 12 Jan 2024)
    • The first recorded sale happened at this postcode is , 1 SCHOOL HILL: £140,000 (Sold on 15 Nov 1996)
  • Other
    • The average price is around £733,167 median price is £215,000 Standard Deviation is £816,016 with Total Sold: 5
    • The Last 5 Year average price is £447,067 with Total Sold: 3
    • The most recent sale happened at this postcode is , WEST HILL ELM LANE: £1,125,000 (Sold on 09 Aug 2021)
    • The first recorded sale happened at this postcode is , CAMEO HOTEL OLD LONDON ROAD: £2,163,134 (Sold on 01 Aug 2016)
  • Terraced
    • The average price is around £133,769 median price is £110,000 Standard Deviation is £63,819 with Total Sold: 13
    • The Last 5 Year average price is £246,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 17 FEN VIEW: £245,000 (Sold on 01 Nov 2019)
    • The first recorded sale happened at this postcode is , 3 ELM LANE: £47,500 (Sold on 20 Mar 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£395,0001
2023£210,000 £4,375 2
2022£305,000 £3,146 1
2021£339,333 £3,959 3
2019£272,667 £2,311 3
2016£310,000 £3,827 1
2015£480,000 £1,081 1
2014£182,500 £1,882 1
2011£230,000 £2,110 1
2010£191,667 £2,093 3
2009£216,000 £2,005 2
2007£90,000 £592 1
2005£169,995 £1,635 1
2004£144,333 £1,296 3
2003£115,167 £938 3
2001£74,5001
2000£64,2602
1998£69,9501
1997£56,750 £442 2
1996£53,000 £917 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,975,0001
2022£510,500 £4,031 4
2021£347,000 £3,232 4
2019£411,875 £2,798 4
2018£620,000 £2,650 1
2017£455,500 £3,932 5
2016£438,333 £4,549 3
2014£512,500 £2,462 2
2013£420,000 £2,835 1
2012£400,000 £3,646 1
2011£245,000 £1,771 2
2010£300,000 £1,411 2
2009£271,500 £1,912 2
2008£495,0001
2007£367,250 £2,584 4
2006£478,844 £1,383 4
2005£275,500 £1,177 2
2004£900,0001
2003£301,000 £1,324 3
2002£223,750 £1,689 4
2001£281,3905
2000£109,833 £823 3
1999£168,000 £897 2
1998£192,475 £2,667 2
1997£127,000 £760 1
1996£140,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£563,100 £3,689 2
2019£215,000 £657 1
2017£161,500 £519 1
2016£2,163,1341
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£246,250 £2,734 2
2015£215,000 £2,022 1
2014£118,000 £1,224 2
2011£110,000 £2,644 1
2009£162,000 £2,346 1
2006£106,000 £2,548 1
2003£89,995 £1,059 1
2001£137,500 £1,293 1
1998£71,250 £776 2
1997£47,500 £688 1

House Type in IP8 3ET area

The most common house types in the IP8 3ET postcode area are Detached (52), Semi-detached (43), and Terraced (25).

Total120
Detached52
Semi-detached43
Terraced25
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 (44), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright44
Owned: Owns with a mortgage or loan40
Social rented: Rents from council or Local Authority26
Private rented: Private landlord or letting agency8
Shared ownership: Shared ownership1
Private rented: Other private rented1
Lives rent free1
Does not apply0
Social rented: Other social rented0

Number of People in a Household

The most houses in the IP8 3ET have 2 people in household (46), and 1 person in household (30).

2 people in household46
1 person in household30
3 people in household21
4 people in household13
5 people in household5
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0