Housing Market Analysis for COVEY COTTAGES, IP8 3NY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £246,000 median price is £246,000 Standard Deviation is £31,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 COVEY COTTAGES: £277,000 (Sold on 12 Mar 2004)
    • The first recorded sale happened at this postcode is 4 COVEY COTTAGES: £215,000 (Sold on 12 Oct 2001)
  • Terraced
    • The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 COVEY COTTAGES: £50,000 (Sold on 27 May 1999)
    • The first recorded sale happened at this postcode is 3 COVEY COTTAGES: £50,000 (Sold on 27 May 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 3NY 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
2004£277,0001
2001£215,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£50,0001

All the Sales in the COVEY COTTAGES, IP8 3NY

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

AddressSold DatePrice% Change
4 COVEY COTTAGESSemi-Detached, Freehold12 Mar 2004£277,00028.84%
12 Oct 2001£215,000First Sale
3 COVEY COTTAGESTerraced, Freehold27 May 1999£50,000First Sale

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

COVEY COTTAGES, IP8 3NY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £410,929 median price is £435,000 Standard Deviation is £171,351 with Total Sold: 7
    • The Last 5 Year average price is £582,500 with Total Sold: 3
    • The most recent sale happened at this postcode is 2, JUBILEE COTTAGE PRIORY ROAD: £585,000 (Sold on 04 Dec 2023)
    • The first recorded sale happened at this postcode is , 4 COVEY COTTAGES: £215,000 (Sold on 12 Oct 2001)
  • Detached
    • The average price is around £414,750 median price is £378,000 Standard Deviation is £249,428 with Total Sold: 6
    • The Last 5 Year average price is £830,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , CART LODGE BARN PRIORY ROAD: £830,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 1, JUBILEE COTTAGE PRIORY ROAD: £32,500 (Sold on 25 Jul 1997)
  • Terraced
    • The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 3 COVEY COTTAGES: £50,000 (Sold on 27 May 1999)
    • The first recorded sale happened at this postcode is , 3 COVEY COTTAGES: £50,000 (Sold on 27 May 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£585,0001
2020£672,500 £2,679 1
2019£490,0001
2013£435,0001
2004£239,5002
2001£215,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£830,000 £2,538 1
2007£595,000 £1,820 1
2005£375,0001
1999£275,000 £841 1
1998£381,0001
1997£32,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£50,0001

House Type in IP8 3NY area

The most common house types in the IP8 3NY postcode area are Detached (97), Semi-detached (49), and Terraced (5).

Total153
Detached97
Semi-detached49
Terraced5
Flat1
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright75
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency15
Private rented: Other private rented7
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP8 3NY have 2 people in household (69), and 1 person in household (27).

2 people in household69
1 person in household27
3 people in household26
4 people in household20
5 people in household11
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0