Housing Market Analysis for GROVE HILL, IP8 3LN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £176,635 median price is £176,635 Standard Deviation is £25,365 with Total Sold: 2
    • The Last 5 Year average price is £202,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8, GROVE COTTAGES GROVE HILL: £202,000 (Sold on 08 Feb 2019)
    • The first recorded sale happened at this postcode is 8, GROVE COTTAGES GROVE HILL: £151,270 (Sold on 22 Sep 2003)
  • Other
    • The average price is around £40,500 median price is £40,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is TELECOMMUNICATIONS SITE GROVE HILL: £40,500 (Sold on 24 May 2016)
    • 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:

Below table and chart gives the average IP8 3LN 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£202,000 £1,210 1
2003£151,270 £906 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£40,5001

All the Sales in the GROVE HILL, IP8 3LN

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

AddressSold DatePrice% Change
8, GROVE COTTAGES GROVE HILLSemi-Detached, FreeholdArea: 167 Sq.mtrAge: 1900-192908 Feb 2019£202,00033.54%
22 Sep 2003£151,270First Sale
TELECOMMUNICATIONS SITE GROVE HILLOther, Leasehold24 May 2016£40,500First Sale

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

GROVE HILL, IP8 3LN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £185,631 median price is £160,500 Standard Deviation is £116,642 with Total Sold: 507
    • The Last 5 Year average price is £383,268 with Total Sold: 63
    • The most recent sale happened at this postcode is , 35 BELMONT ROAD: £315,000 (Sold on 05 Aug 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 £126,141 median price is £120,000 Standard Deviation is £56,227 with Total Sold: 253
    • The Last 5 Year average price is £230,798 with Total Sold: 26
    • 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 £134,276 median price is £125,000 Standard Deviation is £67,026 with Total Sold: 177
    • The Last 5 Year average price is £260,324 with Total Sold: 17
    • 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 , 21 DASHWOOD CLOSE: £63,000 (Sold on 14 Jul 1995)
  • Other
    • The average price is around £718,809 median price is £560,002 Standard Deviation is £628,778 with Total Sold: 3
    • The Last 5 Year average price is £560,002 with Total Sold: 1
    • The most recent sale happened at this postcode is , JUST LEARNING NURSERY MARBLED WHITE DRIVE: £560,002 (Sold on 11 Aug 2022)
    • The first recorded sale happened at this postcode is , TELECOMMUNICATIONS SITE GROVE HILL: £40,500 (Sold on 24 May 2016)
  • Flat
    • The average price is around £89,929 median price is £85,000 Standard Deviation is £11,034 with Total Sold: 7
    • The most recent sale happened at this postcode is , 16 CLEARWING CLOSE: £115,000 (Sold on 01 Jul 2008)
    • The first recorded sale happened at this postcode is , 16 CLEARWING CLOSE: £83,000 (Sold on 03 Apr 2003)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£303,0004
2023£339,908 £3,470 6
2022£419,167 £3,511 6
2021£464,698 £3,463 20
2020£388,182 £3,132 11
2019£300,969 £3,101 16
2018£322,955 £2,917 11
2017£308,800 £2,946 15
2016£252,766 £2,713 15
2015£235,115 £2,670 13
2014£216,286 £2,439 7
2013£232,096 £2,178 15
2012£181,450 £2,283 10
2011£214,929 £2,225 7
2010£200,471 £1,859 19
2009£182,900 £1,826 5
2008£198,371 £2,146 12
2007£210,107 £1,883 7
2006£185,528 £2,130 18
2005£193,672 £1,959 12
2004£169,686 £1,818 20
2003£160,340 £1,752 29
2002£141,805 £1,609 27
2001£122,159 £1,267 45
2000£106,035 £1,156 56
1999£97,371 £978 60
1998£80,372 £853 19
1997£81,746 £823 14
1996£68,598 £848 2
1995£70,873 £795 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,1673
2023£235,583 £3,938 6
2022£270,400 £3,901 5
2021£223,625 £3,461 4
2020£204,167 £3,263 3
2019£207,550 £3,082 5
2018£213,000 £3,206 5
2017£188,500 £3,311 4
2016£192,212 £2,862 13
2015£157,277 £2,776 9
2014£162,327 £2,438 9
2013£146,667 £2,348 6
2012£137,333 £2,168 9
2011£133,999 £2,158 4
2010£138,417 £2,364 6
2009£122,400 £2,167 5
2008£142,600 £2,310 5
2007£146,143 £2,415 7
2006£136,620 £2,244 12
2005£124,458 £2,113 12
2004£115,082 £1,992 11
2003£115,666 £1,849 12
2002£88,165 £1,526 9
2001£79,960 £1,337 29
2000£76,497 £1,209 29
1999£58,980 £1,054 19
1998£55,308 £955 11
1996£41,750 £806 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,5001
2023£318,750 £3,122 2
2022£297,667 £3,154 3
2021£261,667 £2,939 3
2020£227,500 £3,069 2
2019£237,917 £2,793 6
2018£214,167 £3,399 3
2017£207,750 £2,751 2
2016£229,375 £2,721 4
2015£164,238 £2,525 4
2014£183,750 £2,882 4
2013£152,832 £2,345 3
2012£133,000 £2,519 1
2011£146,800 £2,085 5
2010£150,000 £2,239 1
2009£138,500 £2,118 6
2008£164,500 £2,425 3
2007£169,180 £2,819 5
2006£177,114 £2,142 11
2005£162,375 £2,370 6
2004£131,915 £1,819 6
2003£140,297 £1,805 11
2002£114,595 £1,528 14
2001£88,102 £1,224 14
2000£86,516 £1,143 18
1999£71,515 £1,012 20
1998£64,995 £931 16
1997£71,225 £641 2
1995£63,000 £887 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£560,0021
2017£1,555,925 £6,765 1
2016£40,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£115,0001
2005£95,5001
2003£83,800 £1,537 5

House Type in IP8 3LN area

The most common house types in the IP8 3LN postcode area are Detached (77), Semi-detached (24), and Terraced (6).

Total107
Detached77
Semi-detached24
Terraced6
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 (49), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright49
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency10
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP8 3LN have 2 people in household (41), and 1 person in household (27).

2 people in household41
1 person in household27
4 people in household17
3 people in household11
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0