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House Prices in IP11

The average house price in IP11 (Felixstowe) is £332,394 using HM Land Registry data.

The average property price increased by £103,405 (23.89%) over the last 5 years and increased by £20,671 (3.66%) over the last 12 months.

Over the last year, there were 342 residential property sales – a decrease of 172 transactions (-50.29%) relative to the previous year. The majority of house sales (71) were in the £232,000 - £294,000 range. Then came properties in the £294,000 - £356,000 range, where 68 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,383 (-3%).

In June 2024, there were 103 new estate agency instructions, 72 agreed home sales and 65 property price reductions.

5-Year Average Property Prices in IP11 (Felixstowe)

23.89%

Property prices in Felixstowe increased by 23.89% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in IP11 (Felixstowe) Over the Last Year

3.66%

Property prices in Felixstowe increased by 3.66% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for IP11 (Felixstowe) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in IP11 (Felixstowe)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in IP11 (Felixstowe)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in IP11 (Felixstowe)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the IP11 (Felixstowe) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP11 postcode area since 1995.

Recent Sales in IP11 (Felixstowe)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
64 Faulkeners Way, Trimley St Mary, Felixstowe, Suffolk, IP11 0FA	£250,000	£250,000	£00	06 Feb 2024	30 Apr 2024	84 Days
Windyridge, Manor Terrace, Felixstowe, Suffolk, IP11 2EL	£365,000	£360,000	-£5,000	06 Nov 2023	23 Apr 2024	169 Days
1 Stour Avenue, Felixstowe, Suffolk, IP11 2NP	£375,000	£369,000	-£6,000	17 Oct 2023	19 Apr 2024	185 Days
4 Penfold Road, Felixstowe, Suffolk, IP11 7BP	£375,000	£350,000	-£25,000	21 May 2022	02 Apr 2024	682 Days
28 Hunters End, Trimley St Mary, Felixstowe, Suffolk, IP11 0XH	£280,000	£280,000	£00	02 Nov 2023	25 Feb 2024	115 Days
70a, Ferry Road, Felixstowe, Suffolk, IP11 9LU	£550,000	£538,000	-£12,000	06 Jul 2023	09 Feb 2024	218 Days
4 Saxon Close, Felixstowe, Suffolk, IP11 9NH	£415,000	£405,000	-£10,000	08 Sep 2023	09 Feb 2024	154 Days
30 Kersey Road, Felixstowe, Suffolk, IP11 2UL	£230,000	£215,000	-£15,000	29 Aug 2023	02 Feb 2024	157 Days
47 Stennetts Close, Trimley St Mary, Felixstowe, Suffolk, IP11 0TZ	£210,000	£204,000	-£6,000	06 Nov 2023	02 Feb 2024	88 Days
1 Hamilton Street, Felixstowe, Suffolk, IP11 9EH	£179,995	£175,000	-£4,995	24 Nov 2023	24 Jan 2024	61 Days
117 King Street, Felixstowe, Suffolk, IP11 9DY	£190,000	£172,000	-£18,000	31 Jul 2023	19 Jan 2024	172 Days
164 High Road, Trimley St Mary, Felixstowe, Suffolk, IP11 0ST	£595,000	£580,000	-£15,000	14 May 2023	05 Jan 2024	236 Days
15 Kendal Green, Felixstowe, Suffolk, IP11 9SF	£290,000	£270,000	-£20,000	20 Jun 2023	21 Dec 2023	184 Days
195 Grange Road, Felixstowe, Suffolk, IP11 2QB	£190,000	£185,000	-£5,000	14 Aug 2023	21 Dec 2023	129 Days
46 Parkeston Road, Felixstowe, Suffolk, IP11 2NF	£189,999	£185,000	-£4,999	07 Nov 2023	21 Dec 2023	44 Days
28 Deben Way, Felixstowe, Suffolk, IP11 2NS	£225,000	£215,000	-£10,000	27 Sep 2023	19 Dec 2023	83 Days
36 Buregate Road, Felixstowe, Suffolk, IP11 2DE	£265,000	£255,000	-£10,000	19 Sep 2023	14 Dec 2023	86 Days
46 Beatrice Avenue, Felixstowe, Suffolk, IP11 9HB	£450,000	£450,000	£00	09 Sep 2023	13 Dec 2023	95 Days
21 Cowley Road, Felixstowe, Suffolk, IP11 7BU	£350,000	£340,000	-£10,000	19 Sep 2023	13 Dec 2023	85 Days
38 Beatrice Avenue, Felixstowe, Suffolk, IP11 9HB	£500,000	£500,000	£00	29 Jun 2023	08 Dec 2023	162 Days

Most Expensive Streets in IP11 (Felixstowe)

Postcode	Street	Area	Average	No. of Sales
IP11 7TP	The Courts	Felixstowe	£906,666	3
IP11 9SQ	Cliff Road	Felixstowe	£824,000	5
IP11 9PJ	Cliff Road	Felixstowe	£700,000	3
IP11 9RT	Ferry Road	Felixstowe	£694,000	5
IP11 7JT	Picketts Road	Felixstowe	£687,500	4
IP11 7NB	Golf Road	Felixstowe	£656,500	4
IP11 7JU	Foxgrove Lane	Felixstowe	£645,000	7
IP11 7LG	Brook Lane	Felixstowe	£593,333	3
IP11 0SR	Thurmans Lane, Trimley St Mary	Felixstowe	£588,333	3
IP11 9JS	High Road East	Felixstowe	£584,500	4

Least Expensive Streets in IP11 (Felixstowe)

Postcode	Street	Area	Average	No. of Sales
IP11 7EH	Homeorr House, Felix Road	Felixstowe	£95,372	20
IP11 2EY	Beach Station Road	Felixstowe	£110,666	3
IP11 7NR	Leopold Road	Felixstowe	£114,658	4
IP11 2BZ	Park Court, Langer Road	Felixstowe	£118,500	5
IP11 2FA	Winston Close	Felixstowe	£135,866	15
IP11 9DS	High Street	Felixstowe	£147,500	3
IP11 2DR	Beach Station Road	Felixstowe	£152,277	9
IP11 0UY	Jasmine Close, Trimley St Martin	Felixstowe	£153,040	11
IP11 2YJ	Brightwell Close	Felixstowe	£156,000	5
IP11 7SZ	Harvest Court	Felixstowe	£158,462	16