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House Prices in IP14

The average house price in IP14 (Stowmarket) is £302,812 using HM Land Registry data.

The average property price increased by £72,548 (14.07%) over the last 5 years and increased by £14,503 (2.31%) over the last 12 months.

Over the last year, there were 385 residential property sales – a decrease of 329 transactions (-85.45%) relative to the previous year. The majority of house sales (123) were in the £220,000 - £290,000 range. Then came properties in the £150,000 - £220,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,359 (-2%).

In June 2024, there were 151 new estate agency instructions, 69 agreed home sales and 96 property price reductions.

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.

Property Market Heat Gauge for IP14 (Stowmarket) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
39 Bond Street, Stowmarket, Suffolk, IP14 1HR	£180,000	£175,000	-£5,000	30 Jan 2024	02 May 2024	93 Days
9 Boulters Way, Stowmarket, Suffolk, IP14 1SG	£260,000	£255,000	-£5,000	26 Dec 2023	30 Apr 2024	126 Days
30 Stowupland Road, Stowmarket, Suffolk, IP14 5AL	£170,000	£167,000	-£3,000	20 Sep 2023	24 Apr 2024	217 Days
Freshfields, Station Road, Bacton, Stowmarket, Suffolk, IP14 4NJ	£410,000	£400,000	-£10,000	18 Oct 2023	19 Apr 2024	184 Days
24 The Grove, Stowmarket, Suffolk, IP14 1RR	£85,000	£80,000	-£5,000	13 Oct 2023	17 Apr 2024	187 Days
22 Pound Hill, Bacton, Stowmarket, Suffolk, IP14 4LP	£290,000	£250,000	-£40,000	19 Jun 2023	03 Apr 2024	289 Days
19 The Chestnuts, Great Finborough, Stowmarket, Suffolk, IP14 3AX	£240,000	£240,000	£00	06 Oct 2023	02 Apr 2024	179 Days
1 Miles Paddock, Cotton, Stowmarket, Suffolk, IP14 4PQ	£475,000	£475,000	£00	19 Oct 2023	28 Mar 2024	161 Days
8 Braybrooke Close, Mendlesham, Stowmarket, Suffolk, IP14 5TP	£210,000	£195,000	-£15,000	31 Oct 2023	28 Mar 2024	149 Days
3 St Peters Road, Stowmarket, Suffolk, IP14 1LE	£300,000	£295,000	-£5,000	11 Oct 2023	28 Mar 2024	169 Days
13 Hintlesham Close, Stowmarket, Suffolk, IP14 2PF	£270,000	£255,500	-£14,500	22 Apr 2023	15 Mar 2024	328 Days
7 Great Back Lane, Debenham, Stowmarket, Suffolk, IP14 6RD	£225,000	£223,000	-£2,000	27 Nov 2023	01 Mar 2024	95 Days
26 Beaumont Way, Stowmarket, Suffolk, IP14 1SA	£305,000	£280,000	-£25,000	20 Apr 2023	26 Feb 2024	312 Days
75 Regent Street, Stowmarket, Suffolk, IP14 1RJ	£175,000	£170,000	-£5,000	07 Feb 2024	26 Feb 2024	19 Days
54 Flatford Close, Stowmarket, Suffolk, IP14 2PG	£235,000	£227,500	-£7,500	27 Oct 2023	23 Feb 2024	119 Days
9 Raedwald Way, Debenham, Stowmarket, Suffolk, IP14 6SN	£500,000	£495,000	-£5,000	20 Jul 2023	16 Feb 2024	211 Days
11 Webbs Close, Combs, Stowmarket, Suffolk, IP14 2NZ	£550,000	£500,000	-£50,000	30 Nov 2023	09 Feb 2024	71 Days
11 Blake Road, Stowmarket, Suffolk, IP14 1UA	£240,000	£240,000	£00	23 May 2023	02 Feb 2024	255 Days
148 Poplar Hill, Stowmarket, Suffolk, IP14 2AY	£325,000	£300,000	-£25,000	06 Apr 2023	31 Jan 2024	300 Days
26 Nightingale Close, Stowmarket, Suffolk, IP14 5QS	£200,000	£200,000	£00	07 Jun 2023	05 Jan 2024	212 Days

Most Expensive Streets in IP14 (Stowmarket)

Postcode	Street	Area	Average	No. of Sales
IP14 6QL	High Street, Debenham	Stowmarket	£708,750	4
IP14 5PP	Wetheringsett	Stowmarket	£688,750	4
IP14 5BT	Creeting Road East, Stowupland	Stowmarket	£599,666	3
IP14 4LW	Church Road, Bacton	Stowmarket	£597,375	4
IP14 3RB	Apple Grove, Wetherden	Stowmarket	£586,666	3
IP14 4EU	Finningham Road, Old Newton	Stowmarket	£583,750	4
IP14 4TR	Tudor Court, Westhorpe	Stowmarket	£583,333	3
IP14 5EU	Middlewood Green	Stowmarket	£575,000	3
IP14 4TS	Sorrell Green, Wyverstone	Stowmarket	£575,000	3
IP14 2LZ	Straight Road, Battisford	Stowmarket	£562,333	3

Least Expensive Streets in IP14 (Stowmarket)

Postcode	Street	Area	Average	No. of Sales
IP14 5GD	Merlin House, Creeting Road	Stowmarket	£67,600	5
IP14 1RR	The Grove	Stowmarket	£72,500	12
IP14 1RN	Lucena Court	Stowmarket	£89,642	14
IP14 3GQ	Mere View, Thompson Close	Stowmarket	£89,801	17
IP14 1NB	Old School Court, Violet Hill Road	Stowmarket	£94,933	15
IP14 5FP	Pintail Road	Stowmarket	£118,500	5
IP14 1EJ	Sheringham Court	Stowmarket	£120,500	5
IP14 1UP	Drake Close	Stowmarket	£120,916	6
IP14 1JW	Gipping Place	Stowmarket	£121,071	7
IP14 1SF	Thirlmere Drive	Stowmarket	£121,666	3