Housing Market Analysis for CHERRY WOOD, IP8 3SN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £364,250 median price is £356,000 Standard Deviation is £57,958 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 CHERRY WOOD: £450,000 (Sold on 05 Oct 2006)
    • The first recorded sale happened at this postcode is 3 CHERRY WOOD: £332,000 (Sold on 27 Apr 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 3SN 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
2006£450,0001
2001£335,6673

All the Sales in the CHERRY WOOD, IP8 3SN

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

AddressSold DatePrice% Change
1 CHERRY WOODDetached, Freehold05 Oct 2006£450,00052.54%
12 Dec 2001£295,000First Sale
ASHLEY HOUSE BACK LANEDetached, Freehold20 Dec 2001£380,000First Sale
3 CHERRY WOODDetached, Freehold27 Apr 2001£332,000First Sale

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

CHERRY WOOD, IP8 3SN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £166,701 median price is £168,000 Standard Deviation is £82,402 with Total Sold: 100
    • The Last 5 Year average price is £272,372 with Total Sold: 16
    • 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 , BEDE THE STREET: £45,250 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £268,363 median price is £222,500 Standard Deviation is £235,996 with Total Sold: 162
    • The Last 5 Year average price is £472,651 with Total Sold: 28
    • 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 , 25 CHARLOTTES: £52,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £232,323 median price is £2,500 Standard Deviation is £399,889 with Total Sold: 13
    • The Last 5 Year average price is £475,300 with Total Sold: 4
    • The most recent sale happened at this postcode is , ERICA OLD LONDON ROAD: £435,000 (Sold on 29 Jun 2023)
    • The first recorded sale happened at this postcode is , 9 CHARLOTTES: £2,250 (Sold on 16 Aug 2016)
  • Terraced
    • The average price is around £132,444 median price is £135,000 Standard Deviation is £61,732 with Total Sold: 27
    • 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 , 1 CHESTNUT COTTAGES: £43,000 (Sold on 06 Dec 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,4752
2023£210,000 £4,375 2
2022£280,000 £3,125 2
2021£310,625 £3,854 4
2020£264,167 £3,651 3
2019£232,667 £2,960 3
2018£240,750 £4,066 2
2017£300,000 £2,778 1
2016£230,000 £2,840 1
2015£166,125 £2,553 4
2014£216,000 £2,083 3
2013£183,000 £2,512 3
2012£202,000 £2,835 2
2011£238,250 £2,529 2
2010£182,500 £2,123 4
2009£218,667 £2,183 3
2008£200,0001
2007£177,714 £1,649 7
2006£199,849 £2,468 7
2005£199,998 £1,635 2
2004£153,200 £1,786 5
2003£118,850 £1,626 5
2002£126,200 £1,570 5
2001£137,333 £1,401 3
2000£77,854 £1,049 5
1999£86,500 £1,167 2
1998£67,750 £959 4
1997£55,112 £606 4
1996£58,800 £853 5
1995£44,688 £684 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,975,0001
2022£561,167 £4,076 6
2021£514,833 £3,350 6
2020£302,685 £3,202 4
2019£326,591 £2,810 11
2018£404,167 £3,520 3
2017£394,500 £3,461 11
2016£340,000 £3,304 9
2015£298,500 £3,077 1
2014£345,000 £2,364 4
2013£420,000 £2,835 1
2012£310,800 £2,332 5
2011£203,500 £2,044 2
2010£273,000 £1,613 3
2009£157,167 £2,008 3
2008£300,125 £2,270 4
2007£377,332 £2,584 6
2006£281,478 £1,383 8
2005£202,000 £1,861 3
2004£164,100 £2,109 5
2003£208,166 £1,421 6
2002£244,125 £1,682 8
2001£215,744 £1,212 8
2000£101,878 £1,080 9
1999£117,267 £991 6
1998£121,862 £1,315 8
1997£87,408 £832 6
1996£77,356 £889 7
1995£68,312 £837 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£435,000 £5,370 1
2021£488,733 £3,689 3
2018£1,100,000 £2,687 1
2017£3,333 £44 3
2016£1,800 £12 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£246,250 £2,734 2
2015£215,000 £2,022 1
2014£133,667 £1,764 3
2013£154,000 £2,406 1
2011£110,000 £2,644 1
2009£153,498 £2,091 2
2008£295,0001
2007£140,333 £2,125 3
2006£106,000 £2,548 1
2005£74,000 £937 1
2004£155,0001
2003£89,995 £1,059 1
2002£112,5002
2001£107,000 £1,293 2
1998£75,333 £776 3
1997£47,500 £688 1
1995£43,0001

House Type in IP8 3SN area

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