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House Prices in IP23 House Prices in IP23 (Eye)

The average house price in IP23 (Eye) is £406,977 using HM Land Registry data.

The average property price increased by £44,858 (19.44%) over the last 5 years and increased by £8,986 (3.07%) over the last 12 months.

Over the last year, there were 85 residential property sales – a decrease of 0 transactions (0.00%) relative to the previous year. The majority of house sales (24) were in the £190,000 - £268,000 range. Then came properties in the £268,000 - £346,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,277 (-3%).

In January 2025, there were 17 new estate agency instructions, 17 agreed home sales and 21 property price reductions.

Nearby Postcodes: IP12, IP13, IP14, IP17, IP19, IP20, IP21, IP22, IP24, IP30, IP31, IP5, IP6, IP7, IP8, NR15, NR16

5-Year Average Property Prices in IP23 (Eye)

19.44%

Property prices in IP23 (Eye) increased by 19.44% 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 IP23 (Eye) Over the Last Year

3.07%

Property prices in IP23 (Eye) increased by 3.07% 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 IP23 (Eye) - January 2025

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 IP23 (Eye)

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 IP23 (Eye)

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 IP23 (Eye)

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 IP23 (Eye) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP23 postcode area since 1995.

Recent Sales in IP23 (Eye)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Yaxley Road, Mellis, Eye, Suffolk, IP23 8DP£400,000£385,000-£15,00020 Aug 202401 Nov 202473 Days
30 Oak Crescent, Eye, Suffolk, IP23 7BY£225,000£125,000-£100,00001 Nov 202329 Oct 2024363 Days
29 Lowgate Street, Eye, Suffolk, IP23 7AS£600,000£565,000-£35,00018 Mar 202425 Oct 2024221 Days
4 Langton Grove, Eye, Suffolk, IP23 7BF£375,000£365,000-£10,00030 Mar 202424 Oct 2024208 Days
4 Tuffs Road, Eye, Suffolk, IP23 7LY£485,000£477,000-£8,00028 Mar 202418 Oct 2024204 Days
White House Farm Barns, The Street, Thorndon, Eye, Suffolk, IP23 7JN£640,000£635,000-£5,00008 Apr 202414 Oct 2024189 Days
1a, Castleton Way, Eye, Suffolk, IP23 7BJ£650,000£650,000£011 Sep 202330 Sep 2024385 Days
Willow House, Langton Green, Eye, Suffolk, IP23 7HL£325,000£325,000£026 Jun 202427 Sep 202493 Days
Byways, Coldham Lane, Gislingham, Eye, Suffolk, IP23 8JA£225,000£220,000-£5,00008 Jul 202425 Sep 202479 Days
Wingfield Farm, Barric Lane, Occold, Eye, Suffolk, IP23 7PX£500,000£485,000-£15,00025 Jan 202402 Sep 2024221 Days
133 Grange Road, Wickham Skeith, Eye, Suffolk, IP23 8ND£375,000£365,000-£10,00007 Mar 202430 Aug 2024176 Days
24 Orchard Close, Eye, Suffolk, IP23 7DW£400,000£390,000-£10,00025 Apr 202420 Aug 2024117 Days
3 Elizabeth Way, Eye, Suffolk, IP23 7HR£230,000£230,000£009 Dec 202308 Aug 2024243 Days
The Meads, Clint Road, Thorndon, Eye, Suffolk, IP23 7JF£440,000£440,000£013 Apr 202407 Aug 2024116 Days
Havenholme, The Street, Thorndon, Eye, Suffolk, IP23 7JR£500,000£500,000£007 Mar 202411 Jul 2024126 Days
Lime Tree Place, The Street, Thorndon, Eye, Suffolk, IP23 7JR£399,950£375,000-£24,95004 Mar 202426 Jun 2024114 Days
45 Victoria Hill, Eye, Suffolk, IP23 7HJ£390,000£375,000-£15,00022 Nov 202329 May 2024189 Days
10 Redlingfield Road, Occold, Eye, Suffolk, IP23 7PG£120,000£117,500-£2,50023 Oct 202324 May 2024214 Days
Bethany, Church Lane, Yaxley, Eye, Suffolk, IP23 8BU£475,000£465,000-£10,00019 Oct 202310 May 2024204 Days
2 Ashton Road, Eye, Suffolk, IP23 7LF£275,000£274,000-£1,00029 Sep 202310 May 2024224 Days

Most Expensive Streets in IP23 (Eye)

PostcodeStreetAreaAverageNo. of Sales
IP23 8GLCuckoo Close, YaxleyEye£738,7504
IP23 8NFGrange Road, Wickham SkeithEye£605,6254
IP23 7LUHall Road, ThorndonEye£564,2857
IP23 7BXVictoria HillEye£561,6663
IP23 8LDCrocus Close, GislinghamEye£560,1119
IP23 7JNThe Street, ThorndonEye£528,0559
IP23 8EGLeeper Close, MellisEye£520,8336
IP23 7EEWickham Road, ThwaiteEye£508,7333
IP23 7JLStanwell Green, ThorndonEye£502,9166
IP23 7PDOld Rectory Gardens, OccoldEye£499,5157

Least Expensive Streets in IP23 (Eye)

PostcodeStreetAreaAverageNo. of Sales
IP23 7PSLeam Cottages, Church Street, OccoldEye£165,3333
IP23 7HRElizabeth WayEye£185,0003
IP23 8HYBroadfields Close, GislinghamEye£191,5006
IP23 8HXBroadfields Road, GislinghamEye£202,95110
IP23 7DAAsh DriveEye£208,3333
IP23 7APCastle HillEye£208,7504
IP23 7BYOak CrescentEye£213,4005
IP23 8DDBurns Close, YaxleyEye£221,6254
IP23 8BJThe Street, YaxleyEye£221,7504
IP23 7AZBuckshorn LaneEye£222,5374

Explore IP23 (Eye) using map

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