Housing Market Analysis for WATER LANE, NR32 2NH

Are you looking to understand NR32 2NH 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 East Suffolk postcode.

For the location information and nearby amenities in the NR32 2NH area, explore the NR32 2NH Area information page.
For comprehensive crime statistics in the NR32 2NH area, explore the NR32 2NH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR32 2NH postcode area, The average prices are as follows,

Terraced
- The average price is around £74,261 median price is £80,000 Standard Deviation is £44,478 with Total Sold: 17
- The Last 5 Year average price is £115,050 with Total Sold: 5
- The most recent sale happened at this postcode is 15 WATER LANE: £135,250 (Sold on 31 Mar 2022)
- The first recorded sale happened at this postcode is 9 WATER LANE: £12,000 (Sold on 04 Feb 1997)
Detached
- The average price is around £148,936 median price is £113,000 Standard Deviation is £71,860 with Total Sold: 8
- The Last 5 Year average price is £113,000 with Total Sold: 2
- The most recent sale happened at this postcode is 21 WATER LANE: £110,000 (Sold on 05 Nov 2021)
- The first recorded sale happened at this postcode is 10 WATER LANE: £86,500 (Sold on 25 Feb 1999)
Semi-Detached
- The average price is around £100,000 median price is £98,000 Standard Deviation is £40,033 with Total Sold: 3
- The Last 5 Year average price is £150,000 with Total Sold: 1
- The most recent sale happened at this postcode is 29 WATER LANE: £150,000 (Sold on 23 Feb 2021)
- The first recorded sale happened at this postcode is 25 WATER LANE: £52,000 (Sold on 06 Jul 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NR32 2NH 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£135,250	£1,756	1
2021	£130,000	£1,448	2
2020	£90,000	£1,006	2
2018	£122,250	£1,415	2
2017	£100,000	£1,163	1
2016	£92,500	£925	1
2001	£41,667	£598	3
2000	£44,995	£517	1
1999	£22,000		1
1998	£23,100	£279	2
1997	£12,000	£156	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£110,000	£1,196	1
2019	£116,000	£1,353	1
2016	£275,000		1
2012	£164,498	£1,272	2
2004	£214,995	£1,154	1
2000	£59,995	£741	1
1999	£86,500	£464	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£150,000	£1,923	1
2004	£98,000	£1,101	1
2001	£52,000	£584	1

All the Sales in the WATER LANE, NR32 2NH

See the table below for more details on the sold house prices in the NR32 2NH, East Suffolk postcode.

Address	Sold Date	Price	% Change
15 WATER LANETerraced, FreeholdArea: 77 Sq.mtrAge: before 1900	31 Mar 2022	£135,250	First Sale
21 WATER LANEDetached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	05 Nov 2021	£110,000	First Sale
19 WATER LANETerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	02 Sep 2021	£135,000	175.51%
	20 Jul 2001	£49,000	First Sale
17 WATER LANETerraced, FreeholdArea: 100 Sq.mtrAge: before 1900	03 Mar 2021	£125,000	25.00%
	18 Jun 2020	£100,000	8.11%
	31 Mar 2016	£92,500	First Sale
29 WATER LANESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	23 Feb 2021	£150,000	First Sale
9 WATER LANETerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	11 Feb 2020	£80,000	344.44%
	19 Feb 1998	£18,000	50.00%
	04 Feb 1997	£12,000	First Sale
25 WATER LANEDetached, FreeholdArea: 85.71 Sq.mtrAge: before 1900	29 Oct 2019	£116,000	6.43%
	23 Nov 2012	£108,995	11.22%
	12 Aug 2004	£98,000	88.46%
	06 Jul 2001	£52,000	First Sale
6 WATER LANETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	12 Oct 2018	£142,500	42.50%
6 WATER LANETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	06 Oct 2017	£100,000	First Sale
7 WATER LANETerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	29 Jun 2018	£102,000	126.69%
	03 Oct 2000	£44,995	59.56%
	25 Jun 1998	£28,200	First Sale
LEASIDE, 10 WATER LANEDetached, Freehold	19 Jan 2016	£275,000	25.00%
LEASIDE, 10 WATER LANEDetached, Freehold	23 Mar 2012	£220,000	First Sale
10 WATER LANEDetached, FreeholdArea: 186.25 Sq.mtrAge: 1930-1949	06 Feb 2004	£214,995	148.55%
	25 Feb 1999	£86,500	First Sale
5 WATER LANETerraced, Freehold	05 Oct 2001	£54,000	First Sale
11 WATER LANETerraced, Freehold	16 Jul 2001	£22,000	0.0
11 WATER LANETerraced, Freehold	19 Feb 1999	£22,000	First Sale
8 WATER LANEDetached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	18 Aug 2000	£59,995	First Sale

Check out the sold house prices near the NR32 2NH postcode. Properties currently for saleProperties currently for rent

WATER LANE, NR32 2NH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR32 2NH 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 NR32 2NH postcode.

Terraced
- The average price is around £80,629 median price is £80,000 Standard Deviation is £41,882 with Total Sold: 3,636
- The Last 5 Year average price is £133,596 with Total Sold: 569
- The most recent sale happened at this postcode is , 122 RAGLAN STREET: £87,200 (Sold on 27 Sep 2024)
- The first recorded sale happened at this postcode is , 12 EDINBURGH ROAD: £27,950 (Sold on 05 Jan 1995)
Flat
- The average price is around £63,005 median price is £64,995 Standard Deviation is £32,702 with Total Sold: 195
- The Last 5 Year average price is £97,967 with Total Sold: 39
- The most recent sale happened at this postcode is , 38A MARHAM ROAD: £71,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 16 ADRIAN COURT: £31,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £102,398 median price is £100,000 Standard Deviation is £52,370 with Total Sold: 415
- The Last 5 Year average price is £170,553 with Total Sold: 74
- The most recent sale happened at this postcode is , 11 MIMOSA WALK: £186,000 (Sold on 04 Jul 2024)
- The first recorded sale happened at this postcode is , 238 ST PETERS STREET: £36,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £133,678 median price is £110,000 Standard Deviation is £97,418 with Total Sold: 85
- The Last 5 Year average price is £190,000 with Total Sold: 10
- The most recent sale happened at this postcode is , 94 CAMBRIDGE ROAD: £118,000 (Sold on 14 May 2024)
- The first recorded sale happened at this postcode is , 7 MOUNT PLEASANT: £60,000 (Sold on 27 Oct 1995)
Other
- The average price is around £383,906 median price is £150,000 Standard Deviation is £1,104,045 with Total Sold: 31
- The Last 5 Year average price is £490,267 with Total Sold: 19
- The most recent sale happened at this postcode is , 11 KELLY PAIN COURT: £107,000 (Sold on 20 Dec 2023)
- The first recorded sale happened at this postcode is , LOWESTOFT GLAZING & SERVICES LTD WOLLASTON ROAD: £100,000 (Sold on 02 Oct 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,103	£1,480	31
2023	£151,506	£1,875	84
2022	£148,485	£1,891	113
2021	£130,857	£1,598	117
2020	£124,309	£1,458	97
2019	£117,264	£1,413	127
2018	£116,711	£1,409	119
2017	£108,391	£1,273	106
2016	£106,122	£1,275	140
2015	£98,020	£1,169	124
2014	£93,626	£1,155	122
2013	£87,867	£1,034	83
2012	£84,472	£1,040	84
2011	£87,672	£1,072	79
2010	£88,804	£1,067	58
2009	£91,810	£1,159	48
2008	£100,623	£1,349	61
2007	£105,960	£1,340	165
2006	£95,005	£1,171	151
2005	£89,238	£1,110	146
2004	£81,362	£1,024	149
2003	£70,451	£886	178
2002	£56,240	£686	209
2001	£42,514	£531	211
2000	£36,741	£447	189
1999	£30,542	£380	158
1998	£29,019	£348	136
1997	£30,009	£370	121
1996	£28,792	£352	144
1995	£30,123	£377	86

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£71,000		1
2023	£108,318	£1,886	11
2022	£96,386	£1,727	7
2021	£83,332	£1,295	6
2020	£94,333	£2,009	6
2019	£102,188	£1,538	8
2018	£86,188	£1,511	4
2017	£93,992	£1,507	6
2016	£69,281	£1,161	8
2015	£75,000	£1,383	6
2014	£72,221	£1,170	9
2013	£66,658	£1,255	6
2012	£67,000	£1,283	3
2011	£66,333	£1,205	3
2010	£63,571	£1,539	7
2009	£68,832	£905	6
2008	£71,078	£1,270	9
2007	£73,688	£1,474	7
2006	£69,638	£1,200	4
2005	£55,935	£1,509	4
2004	£63,499	£1,402	6
2003	£50,735	£889	11
2002	£62,492	£1,458	6
2001	£31,223	£576	7
2000	£19,785	£328	13
1999	£26,050	£463	10
1998	£23,938	£465	4
1997	£22,750	£412	8
1996	£29,798	£605	5
1995	£27,374	£594	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£176,590	£2,069	5
2023	£170,700	£2,200	10
2022	£191,214	£2,177	21
2021	£173,688	£1,998	16
2020	£131,167	£1,642	6
2019	£153,094	£1,684	16
2018	£131,350	£1,692	10
2017	£141,100	£1,618	10
2016	£133,426	£1,628	14
2015	£133,708	£1,363	12
2014	£115,150	£1,446	12
2013	£102,000	£1,380	7
2012	£100,056	£1,257	8
2011	£119,312	£1,172	8
2010	£104,139	£1,233	9
2009	£123,000	£1,052	7
2008	£122,994	£1,578	14
2007	£122,628	£1,483	18
2006	£110,794	£1,220	27
2005	£95,438	£1,081	17
2004	£95,840	£1,095	24
2003	£73,576	£972	22
2002	£65,065	£768	29
2001	£48,128	£568	19
2000	£43,114	£521	19
1999	£39,606	£405	8
1998	£33,111	£527	9
1997	£31,977	£395	11
1996	£35,382	£415	11
1995	£36,871	£367	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£118,000		1
2023	£370,000	£3,033	1
2022	£212,000	£2,254	3
2021	£110,000	£1,196	1
2020	£145,000	£2,132	1
2019	£173,667	£1,960	3
2018	£186,666	£1,941	3
2017	£205,000	£2,091	3
2016	£187,600	£1,642	5
2015	£206,667	£1,483	3
2014	£139,500	£1,379	2
2013	£132,500	£2,637	2
2012	£164,498	£1,272	2
2011	£285,000		1
2010	£145,000		1
2006	£172,250	£1,441	2
2005	£212,333	£1,562	6
2004	£160,798	£1,016	5
2003	£213,124	£922	4
2002	£104,525	£505	4
2001	£90,488	£882	4
2000	£46,842	£573	8
1999	£56,750	£398	6
1998	£66,000	£299	3
1997	£35,240	£529	5
1996	£44,437	£418	5
1995	£60,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£141,000	£1,726	2
2022	£208,750	£3,080	4
2021	£931,398	£97,740	8
2020	£210,000		1
2019	£134,225	£1,681	4
2018	£195,000		4
2017	£101,000	£3,684	4
2016	£434,000	£664	3
2015	£100,000		1

House Type in NR32 2NH area

The most common house types in the NR32 2NH postcode area are Terraced (91), Semi-detached (11), and Detached (10).

Total	125
Terraced	91
Semi-detached	11
Detached	10
Flat	8
Shared house	4
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Private rented: Private landlord or letting agency (37).

Owned: Owns outright	42
Private rented: Private landlord or letting agency	37
Owned: Owns with a mortgage or loan	34
Social rented: Other social rented	5
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NR32 2NH have 1 person in household (50), and 2 people in household (40).

1 person in household	50
2 people in household	40
3 people in household	20
4 people in household	10
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0