Housing Market Analysis for GROVE HILL, IP8 3LL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £356,000 median price is £356,000 Standard Deviation is £56,000 with Total Sold: 2
    • The Last 5 Year average price is £412,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BROOKVALE GROVE HILL: £412,000 (Sold on 23 Apr 2021)
    • The first recorded sale happened at this postcode is BROOKVALE GROVE HILL: £300,000 (Sold on 18 Jul 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 3LL 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
2021£412,000 £4,782 1
2011£300,000 £3,482 1

All the Sales in the GROVE HILL, IP8 3LL

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

AddressSold DatePrice% Change
BROOKVALE GROVE HILLDetached, FreeholdArea: 86.15 Sq.mtrAge: before 190023 Apr 2021£412,00037.33%
18 Jul 2011£300,000First Sale

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

GROVE HILL, IP8 3LL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £184,993 median price is £166,995 Standard Deviation is £103,785 with Total Sold: 873
    • The Last 5 Year average price is £350,180 with Total Sold: 108
    • The most recent sale happened at this postcode is , 17 RUDLANDS: £318,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 31 BELMONT ROAD: £65,250 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £126,267 median price is £123,750 Standard Deviation is £54,575 with Total Sold: 426
    • The Last 5 Year average price is £227,041 with Total Sold: 43
    • The most recent sale happened at this postcode is , 19 HOLLY BLUE CLOSE: £227,500 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 9 DASHWOOD CLOSE: £41,750 (Sold on 12 Dec 1996)
  • Semi-Detached
    • The average price is around £142,732 median price is £133,995 Standard Deviation is £65,879 with Total Sold: 385
    • The Last 5 Year average price is £262,976 with Total Sold: 41
    • The most recent sale happened at this postcode is , 14 GRAYLING ROAD: £227,500 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , 9 CAROLBROOK ROAD: £57,000 (Sold on 26 May 1995)
  • Flat
    • The average price is around £76,502 median price is £82,000 Standard Deviation is £30,855 with Total Sold: 42
    • The Last 5 Year average price is £144,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 20 CINNABAR CLOSE: £171,000 (Sold on 18 Jul 2023)
    • The first recorded sale happened at this postcode is 3, APOLLO HOUSE SHELDRAKE DRIVE: £23,000 (Sold on 08 Nov 1996)
  • Other
    • The average price is around £719,704 median price is £560,002 Standard Deviation is £577,641 with Total Sold: 5
    • The Last 5 Year average price is £667,365 with Total Sold: 3
    • The most recent sale happened at this postcode is , BELSTEAD SERVICE STATION ELLENBROOK ROAD: £1,212,092 (Sold on 21 Dec 2022)
    • The first recorded sale happened at this postcode is , TELECOMMUNICATIONS SITE GROVE HILL: £40,500 (Sold on 24 May 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,571 £3,280 7
2023£334,175 £3,352 14
2022£369,389 £3,395 9
2021£416,385 £3,326 31
2020£340,048 £3,001 21
2019£291,519 £3,098 26
2018£299,554 £2,927 27
2017£281,700 £2,906 20
2016£277,057 £2,750 26
2015£226,778 £2,543 27
2014£220,571 £2,220 21
2013£221,147 £2,145 20
2012£177,656 £2,305 16
2011£200,682 £2,125 11
2010£211,123 £1,962 28
2009£182,955 £1,839 11
2008£195,409 £2,224 17
2007£230,410 £2,205 20
2006£188,929 £2,066 36
2005£192,998 £1,963 18
2004£176,014 £1,873 46
2003£163,497 £1,768 48
2002£146,595 £1,516 55
2001£121,750 £1,262 74
2000£109,200 £1,150 89
1999£98,650 £989 89
1998£78,611 £856 23
1997£76,683 £738 21
1996£65,279 £693 13
1995£68,249 £755 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£222,6254
2023£235,700 £3,828 10
2022£267,812 £3,728 8
2021£223,688 £3,442 8
2020£198,643 £3,265 7
2019£198,792 £3,156 6
2018£198,000 £3,258 8
2017£180,762 £3,157 17
2016£190,016 £2,852 16
2015£161,916 £2,690 12
2014£157,850 £2,465 17
2013£146,188 £2,281 12
2012£139,643 £2,169 14
2011£137,249 £2,125 6
2010£134,278 £2,347 9
2009£118,249 £2,106 8
2008£133,182 £2,297 11
2007£141,942 £2,428 16
2006£139,378 £2,281 21
2005£124,600 £2,092 20
2004£116,659 £2,026 15
2003£117,588 £1,842 17
2002£91,624 £1,503 26
2001£80,361 £1,334 41
2000£71,986 £1,198 56
1999£60,507 £1,080 28
1998£55,308 £955 11
1997£59,5001
1996£41,750 £806 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£284,5005
2023£300,500 £3,147 5
2022£297,278 £3,207 9
2021£261,500 £3,185 4
2020£229,167 £3,016 6
2019£230,042 £2,932 12
2018£212,500 £3,343 5
2017£214,778 £2,728 9
2016£230,863 £2,410 11
2015£173,075 £2,413 6
2014£177,688 £2,530 8
2013£172,687 £2,106 8
2012£160,285 £1,826 7
2011£151,154 £1,817 13
2010£150,000 £2,239 1
2009£141,881 £2,003 13
2008£162,806 £2,299 8
2007£179,837 £2,378 16
2006£170,039 £2,050 19
2005£152,761 £1,936 22
2004£147,048 £1,844 9
2003£142,265 £1,747 18
2002£110,797 £1,416 39
2001£95,203 £1,201 47
2000£89,382 £1,169 24
1999£70,680 £1,018 26
1998£65,153 £854 22
1997£72,279 £671 7
1996£53,7482
1995£57,750 £679 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£171,000 £3,226 1
2020£118,5001
2018£101,7503
2017£108,500 £2,404 2
2015£87,0001
2014£82,0002
2013£82,0001
2010£95,000 £1,727 1
2008£115,0001
2006£98,5002
2005£91,333 £1,535 3
2004£92,9951
2003£82,429 £1,522 7
2002£59,748 £1,003 4
2001£54,691 £1,091 5
2000£35,5002
1999£34,0001
1998£29,9501
1997£23,4752
1996£23,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£886,0472
2021£230,000 £3,286 1
2017£1,555,925 £6,765 1
2016£40,5001

House Type in IP8 3LL area

The most common house types in the IP8 3LL postcode area are Detached (75), Semi-detached (23), and Terraced (17).

Total115
Detached75
Semi-detached23
Terraced17
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 with a mortgage or loan (59), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan59
Owned: Owns outright45
Private rented: Private landlord or letting agency9
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP8 3LL have 2 people in household (46), and 1 person in household (35).

2 people in household46
1 person in household35
3 people in household19
4 people in household11
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0