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Kesgrave House Prices Kesgrave House Prices

The average house price in Kesgrave is £361,100 using HM Land Registry data.

The average property price increased by £79,140 (27.78%) over the last 5 years and increased by £15,817 (4.54%) over the last 12 months.

Over the last year, there were 175 residential property sales – a decrease of 41 transactions (-23.43%) relative to the previous year. The majority of house sales (42) were in the £272,000 - £334,000 range. Then came properties in the £210,000 - £272,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,479 (-2%).

In April 2024, there were 32 new estate agency instructions, 30 agreed home sales and 25 property price reductions.

Neighbouring Areas: Ipswich

Postcodes Covered: IP4, IP5

5-Year Average Property Prices in Kesgrave

27.78%

Property prices in Kesgrave increased by 27.78% 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 Kesgrave Over the Last Year

4.54%

Property prices in Kesgrave increased by 4.54% 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 Kesgrave - April 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 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 Kesgrave

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 Kesgrave

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 Kesgrave

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 Kesgrave since 1995

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

Recent Property Sales in Kesgrave

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Edmonton Close, Kesgrave, Ipswich, Suffolk, IP5 1HE£330,000£320,000-£10,00014 Sep 202308 Mar 2024176 Days
2 Wards View, Kesgrave, Ipswich, Suffolk, IP5 2PW£275,000£270,000-£5,00021 Oct 202327 Feb 2024129 Days
21 Linksfield, Rushmere St Andrew, Ipswich, Suffolk, IP5 1BA£325,000£315,000-£10,00027 Dec 202322 Feb 202457 Days
5 Fox Lea, Kesgrave, Ipswich, Suffolk, IP5 2YU£545,000£530,000-£15,00004 Nov 202316 Feb 2024104 Days
25 Holly Road, Kesgrave, Ipswich, Suffolk, IP5 1HX£300,000£288,000-£12,00007 Sep 202301 Feb 2024147 Days
4 Browns Grove, Kesgrave, Ipswich, Suffolk, IP5 2GP£380,000£362,000-£18,00014 Jun 202323 Jan 2024223 Days
31 Michigan Close, Kesgrave, Ipswich, Suffolk, IP5 1HG£550,000£550,000£0022 Aug 202315 Dec 2023115 Days
38 Hartree Way, Kesgrave, Ipswich, Suffolk, IP5 2DY£240,000£235,000-£5,00007 Sep 202314 Dec 202398 Days
65 Linksfield, Rushmere St Andrew, Ipswich, Suffolk, IP5 1BA£350,000£326,000-£24,00005 Jun 202312 Dec 2023190 Days
79 Turing Court, Kesgrave, Ipswich, Suffolk, IP5 2BA£185,000£180,000-£5,00018 Aug 202307 Dec 2023111 Days
35 St Agnes Way, Kesgrave, Ipswich, Suffolk, IP5 1JZ£450,000£440,000-£10,00028 Jun 202305 Dec 2023160 Days
124 Trinity Close, Kesgrave, Ipswich, Suffolk, IP5 1JD£260,000£257,000-£3,00008 Aug 202304 Dec 2023118 Days
19 Century Drive, Kesgrave, Ipswich, Suffolk, IP5 2EL£495,000£468,000-£27,00007 Nov 202301 Dec 202324 Days
11 Gostling Place, Kesgrave, Ipswich, Suffolk, IP5 2GE£290,000£286,500-£3,50019 Jul 202324 Nov 2023128 Days
24 Scopes Road, Kesgrave, Ipswich, Suffolk, IP5 2YE£295,000£292,000-£3,00002 Aug 202323 Nov 2023113 Days
11 Newquay Close, Kesgrave, Ipswich, Suffolk, IP5 1LF£275,000£263,000-£12,00017 Jul 202323 Nov 2023129 Days
60 Curtis Way, Kesgrave, Ipswich, Suffolk, IP5 2FX£500,000£500,000£0011 Jul 202315 Nov 2023127 Days
19 Dobbs Lane, Kesgrave, Ipswich, Suffolk, IP5 2PX£375,000£370,000-£5,00004 Aug 202311 Nov 202399 Days
21 Alberta Close, Kesgrave, Ipswich, Suffolk, IP5 1HS£247,500£245,000-£2,50004 May 202307 Nov 2023187 Days
19 Cardew Drift, Kesgrave, Ipswich, Suffolk, IP5 2YP£530,000£520,000-£10,00017 Apr 202331 Oct 2023197 Days

Most Expensive Streets in Kesgrave

PostcodeStreetAreaAverageNo. of Sales
IP5 2QADobbs LaneKesgrave£551,0003
IP4 5RBBent LaneRushmere St Andrew£495,0003
IP5 2PFMain RoadKesgrave£484,0003
IP5 2PYStephen RoadKesgrave£480,5004
IP5 2FXCurtis WayKesgrave£469,9449
IP5 2NUMain RoadKesgrave£461,6663
IP5 2BSBull DriveKesgrave£456,3326
IP5 2DRTerry GardensKesgrave£455,4166
IP5 2FHFriends WalkKesgrave£445,0003
IP5 2DJTremlett LaneKesgrave£445,0005

Least Expensive Streets in Kesgrave

PostcodeStreetAreaAverageNo. of Sales
IP5 2NPMain RoadKesgrave£143,3333
IP5 2HSChandler CourtNewman Drive£149,8005
IP5 2BGSegger ViewKesgrave£152,1005
IP5 1NFGlanville PlaceKesgrave£166,7504
IP5 2FZFerguson WayKesgrave£192,5004
IP5 1NLThe WalkKesgrave£193,3333
IP5 2FWSheppards WayKesgrave£203,3333
IP5 2GNPinetree CloseKesgrave£210,6653
IP5 1NQGlanville PlaceKesgrave£211,9166
IP5 2DDOfford CloseKesgrave£212,63312

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