Housing Market Analysis for GROVE HILL, IP8 3LP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £318,286 median price is £315,000 Standard Deviation is £153,549 with Total Sold: 7
    • The Last 5 Year average price is £537,500 with Total Sold: 1
    • The most recent sale happened at this postcode is GABLE END GROVE HILL: £537,500 (Sold on 23 Feb 2022)
    • The first recorded sale happened at this postcode is GREENACRE GROVE HILL: £95,000 (Sold on 10 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 3LP 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
2022£537,500 £3,733 1
2017£437,500 £2,920 2
2013£315,000 £2,188 1
2008£267,5001
2000£138,0001
1997£95,000 £941 1

All the Sales in the GROVE HILL, IP8 3LP

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

AddressSold DatePrice% Change
GABLE END GROVE HILLDetached, FreeholdArea: 144 Sq.mtrAge: 1950-196623 Feb 2022£537,50036.08%
10 Feb 2017£395,00025.40%
23 Oct 2013£315,000First Sale
MELROSE GROVE HILLDetached, FreeholdArea: 155 Sq.mtrAge: 1950-196622 Dec 2017£480,000First Sale
HUNTERS LODGE GROVE HILLDetached, Freehold22 Feb 2008£267,50093.84%
18 Sep 2000£138,000First Sale
GREENACRE GROVE HILLDetached, FreeholdArea: 101 Sq.mtrAge: 1950-196610 Jan 1997£95,000First Sale

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

GROVE HILL, IP8 3LP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £229,991 median price is £235,000 Standard Deviation is £91,552 with Total Sold: 25
    • The Last 5 Year average price is £316,583 with Total Sold: 6
    • The most recent sale happened at this postcode is , KINGS PIECE HOLLY LANE: £300,000 (Sold on 07 Nov 2022)
    • The first recorded sale happened at this postcode is , 43 THE STREET: £94,500 (Sold on 19 Mar 1996)
  • Detached
    • The average price is around £356,429 median price is £284,500 Standard Deviation is £203,487 with Total Sold: 74
    • The Last 5 Year average price is £648,000 with Total Sold: 15
    • The most recent sale happened at this postcode is , GABLE END GROVE HILL: £537,500 (Sold on 23 Feb 2022)
    • The first recorded sale happened at this postcode is , CAMPION CHAPEL LANE: £92,000 (Sold on 26 May 1995)
  • Other
    • The average price is around £798,212 median price is £798,212 Standard Deviation is £757,712 with Total Sold: 2
    • The most recent sale happened at this postcode is , 5 MOYES PLACE: £1,555,925 (Sold on 14 Dec 2017)
    • The first recorded sale happened at this postcode is , TELECOMMUNICATIONS SITE GROVE HILL: £40,500 (Sold on 24 May 2016)
  • Terraced
    • The average price is around £63,250 median price is £63,250 Standard Deviation is £16,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 42 THE STREET: £80,000 (Sold on 08 Jan 2009)
    • The first recorded sale happened at this postcode is , 42 THE STREET: £46,500 (Sold on 27 Oct 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£300,000 £2,239 2
2021£345,0001
2019£318,167 £2,833 3
2018£228,000 £3,123 1
2016£298,7502
2014£263,750 £3,961 2
2010£266,000 £3,057 1
2007£213,332 £3,505 3
2006£281,500 £2,370 2
2005£213,000 £3,750 1
2003£166,257 £1,751 3
2000£93,5001
1997£64,250 £641 2
1996£94,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£537,500 £3,733 1
2021£748,571 £3,252 7
2020£640,833 £4,052 3
2019£505,000 £3,268 4
2018£473,750 £2,795 6
2017£468,750 £2,835 4
2016£280,500 £2,607 2
2015£303,000 £3,093 4
2014£295,625 £2,838 4
2013£270,000 £2,047 2
2012£255,000 £2,461 2
2011£262,000 £3,422 2
2010£220,000 £2,408 1
2008£267,5001
2007£249,000 £2,273 4
2006£330,250 £3,386 8
2005£252,500 £2,767 2
2004£266,667 £2,252 3
2002£148,875 £1,946 2
2001£143,750 £1,658 2
2000£138,0001
1999£265,525 £1,477 2
1998£108,0001
1997£104,790 £877 5
1995£92,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£1,555,925 £6,765 1
2016£40,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£80,000 £2,288 1
1999£46,500 £1,330 1

House Type in IP8 3LP area

The most common house types in the IP8 3LP 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 3LP 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