Stowmarket House Prices Stowmarket House Prices

The average house price in Stowmarket is £236,944 using HM Land Registry data.

The average property price increased by £38,364 (16.2%) over the last 5 years and increased by £7,687 (2.87%) over the last 12 months.

Over the last year, there were 244 residential property sales – a decrease of 114 transactions (-46.72%) relative to the previous year. The majority of house sales (56) were in the £194,000 - £238,000 range. Then came properties in the £238,000 - £282,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 131 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,776 (-2%).

In Dec 24, there were 53 new estate agency instructions, 22 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in Stowmarket

16.2%

Property prices in Stowmarket increased by 16.2% 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 Stowmarket Over the Last Year

2.87%

Property prices in Stowmarket increased by 2.87% 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 Stowmarket - Dec 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 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 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 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 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 Stowmarket since 1995

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

Recent Property Sales in Stowmarket

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Edinburgh Close, Stowmarket, Suffolk, IP14 5AR£240,000£238,000-£2,00015 Jul 202415 Nov 2024123 Days
6 Hintlesham Close, Stowmarket, Suffolk, IP14 2PF£265,000£262,000-£3,00026 Jan 202411 Nov 2024290 Days
1 Swift Drive, Stowmarket, Suffolk, IP14 5NB£245,000£235,500-£9,50007 Apr 202408 Nov 2024215 Days
57b, Bury Street, Stowmarket, Suffolk, IP14 1HD£190,000£180,000-£10,00029 May 202401 Nov 2024156 Days
48 Edgecomb Road, Stowmarket, Suffolk, IP14 2DN£235,000£231,000-£4,00020 Apr 202430 Oct 2024193 Days
115 Melford Road, Stowmarket, Suffolk, IP14 2PT£120,000£115,000-£5,00005 Aug 202429 Oct 202485 Days
66 Spencer Way, Stowmarket, Suffolk, IP14 1UQ£300,000£300,000£0014 May 202416 Aug 202494 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
6 Shakespeare Road, Stowmarket, Suffolk, IP14 1TJ£400,000£395,000-£5,00006 Feb 202419 Jul 2024164 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
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
16 St Peters Road, Stowmarket, Suffolk, IP14 1LE£270,000£270,000£0013 Apr 202420 Jun 202468 Days
17 Kingfisher Way, Stowmarket, Suffolk, IP14 5BB£219,995£209,000-£10,99512 Mar 202418 Jun 202498 Days
33 Aldis Avenue, Stowmarket, Suffolk, IP14 2DJ£275,000£274,500-£50022 Feb 202407 Jun 2024106 Days

Most Expensive Streets in Stowmarket

PostcodeStreetAreaAverageNo. of Sales
IP14 5BTCreeting Road EastStowupland£599,6663
IP14 1AXTemple RoadStowmarket£517,7804
IP14 3FAWillow GardensOnehouse£470,6254
IP14 1ATTemple RoadStowmarket£460,0836
IP14 1BHLockington CloseStowmarket£455,0003
IP14 1SBWoodsideStowmarket£440,0004
IP14 1QDDanescourt AvenueStowmarket£432,5004
IP14 1XPRead CloseStowmarket£402,7857
IP14 5BJMill StreetStowupland£402,5003
IP14 5BYSwallow DriveStowmarket£396,2504

Least Expensive Streets in Stowmarket

PostcodeStreetAreaAverageNo. of Sales
IP14 5GDMerlin HouseCreeting Road£70,5004
IP14 1RRThe GroveStowmarket£73,90911
IP14 1RNLucena CourtStowmarket£93,45411
IP14 1NBOld School CourtViolet Hill Road£94,06615
IP14 5FPPintail RoadStowmarket£118,5005
IP14 5GUJackdaw CloseStowmarket£120,4163
IP14 1EJSheringham CourtStowmarket£120,5005
IP14 1JWGipping PlaceStowmarket£121,0717
IP14 1SFThirlmere DriveStowmarket£121,6663
IP14 1UPDrake CloseStowmarket£123,6427

Explore Stowmarket and Neighbouring Area House Prices