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Saxmundham House Prices Saxmundham House Prices

The average house price in Saxmundham is £276,333 using HM Land Registry data.

The average property price increased by £97,659 (42.66%) over the last 5 years and increased by £19,518 (6.36%) over the last 12 months.

Over the last year, there were 45 residential property sales – a decrease of 44 transactions (-97.78%) relative to the previous year. The majority of house sales (13) were in the £170,000 - £226,000 range. Then came properties in the £226,000 - £282,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 30 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,470 (-3%).

In April 2024, there were 14 new estate agency instructions, 10 agreed home sales and 13 property price reductions.

Postcodes Covered: IP17

5-Year Average Property Prices in Saxmundham

42.66%

Property prices in Saxmundham increased by 42.66% 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 Saxmundham Over the Last Year

6.36%

Property prices in Saxmundham increased by 6.36% 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 Saxmundham - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Saxmundham

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 Saxmundham

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 Saxmundham

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 Saxmundham since 1995

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

Recent Property Sales in Saxmundham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
43 St Johns Road, Saxmundham, Suffolk, IP17 1BD£325,000£315,000-£10,00023 Oct 202319 Dec 202357 Days
12 Wordsworth Close, Saxmundham, Suffolk, IP17 1WF£335,000£322,500-£12,50016 Aug 202310 Nov 202386 Days
75 Fairfield Road, Saxmundham, Suffolk, IP17 1EG£375,000£340,000-£35,00020 Jun 202307 Nov 2023140 Days
26 St Johns Road, Saxmundham, Suffolk, IP17 1BE£262,999£251,000-£11,99920 Apr 202329 Sep 2023162 Days
25 Fairfield Road, Saxmundham, Suffolk, IP17 1BA£250,000£245,000-£5,00006 Jun 202322 Sep 2023108 Days
46 Brook Farm Road, Saxmundham, Suffolk, IP17 1WL£450,000£450,000£0017 Mar 202312 Sep 2023179 Days
29 Rendham Road, Saxmundham, Suffolk, IP17 1DT£510,000£485,000-£25,00013 Mar 202329 Aug 2023169 Days
Flat 2, St James Court, Deben Road, Saxmundham, Suffolk, IP17 1YA£115,000£100,000-£15,00009 Dec 202221 Jul 2023224 Days
41 Heron Road, Saxmundham, Suffolk, IP17 1WR£415,000£405,000-£10,00023 Mar 202323 Jun 202392 Days
4 Park End, Saxmundham, Suffolk, IP17 1DW£190,000£180,000-£10,00027 Feb 202321 Jun 2023114 Days
30 Henley Close, Saxmundham, Suffolk, IP17 1EY£190,000£185,000-£5,00017 Jan 202320 Jun 2023154 Days
93 Lincoln Avenue, Saxmundham, Suffolk, IP17 1BY£230,000£225,000-£5,00002 Feb 202320 Jun 2023138 Days
15 Milton Close, Saxmundham, Suffolk, IP17 1WH£385,000£375,000-£10,00031 Jan 202302 Jun 2023122 Days
21 Henley Close, Saxmundham, Suffolk, IP17 1EY£235,000£235,000£0028 Sep 202231 Mar 2023184 Days
25 Henley Close, Saxmundham, Suffolk, IP17 1EY£185,000£178,000-£7,00019 Jul 202216 Mar 2023240 Days
6 North Entrance, Saxmundham, Suffolk, IP17 1AY£925,000£920,000-£5,00009 Sep 202223 Feb 2023167 Days
8 Fisher Close, Saxmundham, Suffolk, IP17 1XL£275,000£275,000£0001 Dec 202203 Feb 202364 Days
2 Dove Close, Saxmundham, Suffolk, IP17 1XU£225,000£225,000£0018 Jul 202202 Feb 2023199 Days
6 Mill Road, Saxmundham, Suffolk, IP17 1DP£235,000£225,000-£10,00013 Sep 202201 Feb 2023141 Days
52 Mill Road, Saxmundham, Suffolk, IP17 1DS£140,000£135,000-£5,00028 Nov 202209 Jan 202342 Days

Most Expensive Streets in Saxmundham

PostcodeStreetAreaAverageNo. of Sales
IP17 1BBFairfield RoadSaxmundham£490,6258
IP17 1EGFairfield RoadSaxmundham£450,0004
IP17 1EARendham RoadSaxmundham£416,3333
IP17 1DLFairfield House GardensSaxmundham£416,2504
IP17 1ETManor GardensSaxmundham£402,3005
IP17 1GECollins CloseSaxmundham£364,9984
IP17 1FEGilbert RoadSaxmundham£338,3256
IP17 1FWOak CloseSaxmundham£338,24910
IP17 1WRHeron RoadSaxmundham£331,4005
IP17 1AGThe SmithyMarket Place£330,0005

Least Expensive Streets in Saxmundham

PostcodeStreetAreaAverageNo. of Sales
IP17 1YADeben RoadSaxmundham£129,61513
IP17 1AZBell CloseSaxmundham£142,3333
IP17 1AFHigh StreetSaxmundham£146,0003
IP17 1DSMill RoadSaxmundham£170,7005
IP17 1BLAlbion StreetSaxmundham£174,5836
IP17 1BWStation ApproachSaxmundham£176,5833
IP17 1DWPark EndSaxmundham£188,3333
IP17 1BYLincoln AvenueSaxmundham£189,7005
IP17 1XUDove CloseSaxmundham£192,0004
IP17 1DZSeaman AvenueSaxmundham£192,6005

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