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House Prices in IP14 House Prices in IP14 (Stowmarket)

The average house price in IP14 (Stowmarket) is £376,184 using HM Land Registry data.

The average property price increased by £56,719 (14.07%) over the last 5 years and increased by £11,364 (2.31%) over the last 12 months.

Over the last year, there were 382 residential property sales – a decrease of 199 transactions (-52.09%) relative to the previous year. The majority of house sales (110) were in the £236,000 - £302,000 range. Then came properties in the £170,000 - £236,000 range, where 92 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,359 (-2%).

In Oct 24, there were 155 new estate agency instructions, 85 agreed home sales and 90 property price reductions.

Nearby Postcodes: CO10, CO6, CO7, IP1, IP12, IP13, IP17, IP19, IP2, IP21, IP22, IP23, IP24, IP28, IP29, IP30, IP31, IP32, IP33, IP4, IP5, IP6, IP7, IP8, IP9, NR15, NR16

5-Year Average Property Prices in IP14 (Stowmarket)

14.07%

Property prices in Stowmarket increased by 14.07% 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 IP14 (Stowmarket) Over the Last Year

2.31%

Property prices in Stowmarket increased by 2.31% 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.

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).

Property Market Heat Gauge for IP14 (Stowmarket) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 IP14 (Stowmarket)

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 IP14 (Stowmarket)

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 IP14 (Stowmarket)

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 IP14 (Stowmarket) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP14 postcode area since 1995.

Recent Sales in IP14 (Stowmarket)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
66 Spencer Way, Stowmarket, Suffolk, IP14 1UQ£300,000£300,000£0014 May 202416 Aug 202494 Days
14 Silver Street, Old Newton, Stowmarket, Suffolk, IP14 4HG£325,000£325,000£0009 Feb 202415 Aug 2024188 Days
35 Bond Street, Stowmarket, Suffolk, IP14 1HR£180,000£180,000£0008 Apr 202412 Aug 2024126 Days
4 Lucena Court, Stowmarket, Suffolk, IP14 1RN£109,000£100,000-£9,00026 Dec 202307 Aug 2024225 Days
16 The Becketts, Stowmarket, Suffolk, IP14 1TZ£300,000£300,000£0019 Jan 202402 Aug 2024196 Days
5 Linnet Drive, Stowmarket, Suffolk, IP14 5UB£300,000£295,000-£5,00026 Dec 202302 Aug 2024220 Days
8 Windmill Rise, Wetherden, Stowmarket, Suffolk, IP14 3NJ£365,000£365,000£0007 Feb 202424 Jul 2024168 Days
19a, Henry Street, Debenham, Stowmarket, Suffolk, IP14 6RH£475,000£475,000£0011 Jan 202422 Jul 2024193 Days
22 Middlefield Drive, Great Finborough, Stowmarket, Suffolk, IP14 3AH£240,000£237,000-£3,00020 Jan 202419 Jul 2024181 Days
6 Shakespeare Road, Stowmarket, Suffolk, IP14 1TJ£400,000£395,000-£5,00006 Feb 202419 Jul 2024164 Days
49 Ducksen Road, Mendlesham, Stowmarket, Suffolk, IP14 5SD£240,000£235,000-£5,00022 Jan 202419 Jul 2024179 Days
Petersfield, Mill Road, Mendlesham, Stowmarket, Suffolk, IP14 5TA£450,000£435,000-£15,00003 Aug 202318 Jul 2024350 Days
Yew Tree Cottage, Mill Lane, Combs, Stowmarket, Suffolk, IP14 2NF£875,000£845,000-£30,00018 Mar 202417 Jul 2024121 Days
20 Semer Close, Stowmarket, Suffolk, IP14 2PB£210,000£210,000£0030 Mar 202405 Jul 202497 Days
73 Needham Road, Stowmarket, Suffolk, IP14 2AL£280,000£272,000-£8,00009 Sep 202305 Jul 2024300 Days
24 Needham Road, Stowmarket, Suffolk, IP14 2AN£425,000£425,000£0014 Mar 202428 Jun 2024106 Days
8a, Trinity Walk, Stowupland, Stowmarket, Suffolk, IP14 4AS£285,000£280,000-£5,00022 Jan 202424 Jun 2024154 Days
52 Farriers Road, Stowmarket, Suffolk, IP14 2NS£230,000£225,000-£5,00011 Mar 202421 Jun 2024102 Days
107 Poplar Hill, Stowmarket, Suffolk, IP14 2AX£215,000£193,000-£22,00025 Oct 202321 Jun 2024240 Days
Kates Cottage, Gislingham Road, Finningham, Stowmarket, Suffolk, IP14 4JA£510,000£503,500-£6,50003 Nov 202321 Jun 2024231 Days

Most Expensive Streets in IP14 (Stowmarket)

PostcodeStreetAreaAverageNo. of Sales
IP14 6QLHigh Street, DebenhamStowmarket£708,7504
IP14 5PPWetheringsettStowmarket£688,7504
IP14 5BTCreeting Road East, StowuplandStowmarket£599,6663
IP14 4LWChurch Road, BactonStowmarket£597,3754
IP14 4EUFinningham Road, Old NewtonStowmarket£583,7504
IP14 4TRTudor Court, WesthorpeStowmarket£583,3333
IP14 5EUMiddlewood GreenStowmarket£575,0003
IP14 2LZStraight Road, BattisfordStowmarket£562,3333
IP14 3HJForest Road, OnehouseStowmarket£557,0005
IP14 6QULow Road, DebenhamStowmarket£554,3754

Least Expensive Streets in IP14 (Stowmarket)

PostcodeStreetAreaAverageNo. of Sales
IP14 5GDMerlin House, Creeting RoadStowmarket£67,6005
IP14 1RRThe GroveStowmarket£73,90911
IP14 3GQMere View, Thompson CloseStowmarket£89,78116
IP14 1RNLucena CourtStowmarket£92,99913
IP14 1NBOld School Court, Violet Hill RoadStowmarket£95,07114
IP14 5FPPintail RoadStowmarket£118,5005
IP14 5GUJackdaw CloseStowmarket£120,4163
IP14 1EJSheringham CourtStowmarket£120,5005
IP14 1UPDrake CloseStowmarket£120,9166
IP14 1JWGipping PlaceStowmarket£121,0717

Explore IP14 (Stowmarket) using map

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