Housing Market Analysis for WELCH CLOSE, NR34 7UT

Are you looking to understand NR34 7UT 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 NR34 7UT area, explore the NR34 7UT Area information page.
For comprehensive crime statistics in the NR34 7UT area, explore the NR34 7UT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR34 7UT postcode area, The average prices are as follows,

  • Other
    • The average price is around £475,000 median price is £475,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £475,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 WELCH CLOSE: £475,000 (Sold on 10 May 2022)
    • The first recorded sale happened at this postcode is 3 WELCH CLOSE: £475,000 (Sold on 10 May 2022)
  • Semi-Detached
    • The average price is around £206,238 median price is £179,975 Standard Deviation is £74,708 with Total Sold: 4
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 WELCH CLOSE: £325,000 (Sold on 24 Sep 2021)
    • The first recorded sale happened at this postcode is 2 WELCH CLOSE: £144,950 (Sold on 19 May 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NR34 7UT 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£475,000 £3,276 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£325,000 £2,826 1
2017£215,000 £4,135 1
2008£140,000 £2,692 1
2005£144,950 £2,788 1

All the Sales in the WELCH CLOSE, NR34 7UT

See the table below for more details on the sold house prices in the NR34 7UT, East Suffolk postcode.

AddressSold DatePrice% Change
3 WELCH CLOSEOther, FreeholdArea: 145 Sq.mtrAge: 1967-197510 May 2022£475,000First Sale
4 WELCH CLOSESemi-Detached, FreeholdArea: 115 Sq.mtrAge: 1967-197524 Sep 2021£325,000First Sale
2 WELCH CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1967-197507 Dec 2017£215,00053.57%
11 Jul 2008£140,000-3.41%
19 May 2005£144,950First Sale

Check out the sold house prices near the NR34 7UT postcode. Properties currently for saleProperties currently for rent

WELCH CLOSE, NR34 7UT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR34 7UT 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 NR34 7UT postcode.

  • Semi-Detached
    • The average price is around £159,771 median price is £167,500 Standard Deviation is £90,621 with Total Sold: 57
    • The Last 5 Year average price is £252,000 with Total Sold: 10
    • The most recent sale happened at this postcode is , 30 MILL ROAD: £205,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , AMAZON COTTAGE BECCLES ROAD: £34,000 (Sold on 23 Mar 1995)
  • Other
    • The average price is around £335,972 median price is £475,000 Standard Deviation is £236,511 with Total Sold: 3
    • The Last 5 Year average price is £239,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 37 MILL ROAD: £3,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is , LABURNUM COTTAGE HOLLY LANE: £529,915 (Sold on 31 May 2016)
  • Detached
    • The average price is around £235,447 median price is £239,500 Standard Deviation is £146,247 with Total Sold: 79
    • The Last 5 Year average price is £444,038 with Total Sold: 13
    • The most recent sale happened at this postcode is , MANOR FARM HOUSE CHURCH ROAD: £700,000 (Sold on 03 Apr 2023)
    • The first recorded sale happened at this postcode is , 13 HOLLY LANE: £87,500 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £170,000 median price is £170,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 31 HOLLY LANE: £170,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is , 31 HOLLY LANE: £170,000 (Sold on 29 Jun 2021)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£248,125 £3,826 4
2022£268,500 £4,195 1
2021£328,500 £2,367 2
2020£187,000 £2,998 2
2019£228,000 £3,738 1
2018£263,333 £2,461 3
2017£209,000 £3,489 3
2016£195,500 £2,343 1
2015£205,000 £2,476 2
2014£144,500 £2,163 2
2012£197,000 £1,684 1
2011£168,500 £1,856 2
2010£249,995 £2,502 1
2009£171,500 £1,507 4
2008£140,000 £2,692 1
2007£225,000 £1,293 1
2006£172,7502
2005£187,988 £1,827 4
2004£147,5001
2003£230,0001
2002£92,000 £1,095 1
2001£95,833 £1,204 3
2000£61,748 £833 2
1999£39,499 £578 4
1998£37,800 £443 5
1996£40,750 £481 2
1995£34,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£3,0001
2022£475,000 £3,276 1
2016£529,915 £3,212 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£592,500 £3,137 2
2022£517,500 £3,686 4
2021£401,667 £2,995 3
2019£328,125 £2,882 4
2018£352,500 £3,209 2
2017£416,875 £2,487 4
2016£204,500 £2,319 2
2015£328,000 £2,266 3
2014£280,000 £2,243 3
2012£322,500 £2,459 2
2011£245,600 £2,357 5
2010£247,500 £2,217 2
2009£272,950 £2,730 1
2008£276,000 £1,340 1
2006£247,167 £2,151 3
2005£193,750 £1,563 2
2004£240,875 £1,454 4
2003£156,250 £1,183 2
2002£179,500 £1,583 2
2001£135,000 £655 1
2000£137,750 £1,224 4
1999£97,000 £800 5
1998£87,499 £601 5
1997£79,589 £450 5
1996£61,242 £426 6
1995£83,750 £672 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£170,0001

House Type in NR34 7UT area

The most common house types in the NR34 7UT postcode area are Detached (75), Semi-detached (24), and Terraced (3).

Total104
Detached75
Semi-detached24
Terraced3
Shared house1
temporary structure1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright69
Owned: Owns with a mortgage or loan27
Social rented: Other social rented2
Private rented: Private landlord or letting agency2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NR34 7UT have 2 people in household (52), and 1 person in household (19).

2 people in household52
1 person in household19
3 people in household17
4 people in household10
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0