Stowmarket House Prices Stowmarket House Prices

The average house price in Stowmarket is £265,500 using HM Land Registry data.

The average property price increased by £50,851 (22.52%) over the last 5 years and increased by £10,163 (3.81%) over the last 12 months.

Over the last year, there were 249 residential property sales – a decrease of 193 transactions (-77.51%) relative to the previous year. The majority of house sales (50) were in the £266,000 - £308,000 range. Then came properties in the £224,000 - £266,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,355 (-2%).

In April 2024, there were 73 new estate agency instructions, 37 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in Stowmarket

22.52%

Property prices in Stowmarket increased by 22.52% 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

3.81%

Property prices in Stowmarket increased by 3.81% 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 - 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 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
26 Beaumont Way, Stowmarket, Suffolk, IP14 1SA£305,000£280,000-£25,00020 Apr 202326 Feb 2024312 Days
75 Regent Street, Stowmarket, Suffolk, IP14 1RJ£175,000£170,000-£5,00007 Feb 202426 Feb 202419 Days
54 Flatford Close, Stowmarket, Suffolk, IP14 2PG£235,000£227,500-£7,50027 Oct 202323 Feb 2024119 Days
11 Blake Road, Stowmarket, Suffolk, IP14 1UA£240,000£240,000£0023 May 202302 Feb 2024255 Days
148 Poplar Hill, Stowmarket, Suffolk, IP14 2AY£325,000£300,000-£25,00006 Apr 202331 Jan 2024300 Days
30 Winchester Close, Stowmarket, Suffolk, IP14 1SH£227,000£223,000-£4,00001 Aug 202321 Dec 2023142 Days
21 Childer Road, Stowmarket, Suffolk, IP14 1PP£295,000£275,000-£20,00023 Aug 202318 Dec 2023117 Days
103 Poplar Hill, Stowmarket, Suffolk, IP14 2AX£225,000£200,000-£25,00025 Jan 201824 Nov 20232129 Days
7a, Drake Close, Stowmarket, Suffolk, IP14 1UP£125,000£122,500-£2,50018 Jul 202322 Nov 2023127 Days
6 River Gardens, Stowmarket, Suffolk, IP14 1BF£450,000£440,000-£10,00019 Jul 202314 Nov 2023118 Days
19 Blake Road, Stowmarket, Suffolk, IP14 1UA£280,000£273,000-£7,00016 May 202327 Oct 2023164 Days
4 Blackbird Way, Stowmarket, Suffolk, IP14 5LW£260,000£250,000-£10,00015 Jun 202323 Oct 2023130 Days
1 Brambling Close, Stowmarket, Suffolk, IP14 5UN£260,000£255,000-£5,00013 Jun 202318 Oct 2023127 Days
70 Gainsborough Road, Stowmarket, Suffolk, IP14 1LJ£235,000£230,000-£5,00021 Jun 202312 Oct 2023113 Days
63 Bury Road, Stowmarket, Suffolk, IP14 1PD£230,000£230,000£0014 Apr 202312 Oct 2023181 Days
22 Lockington Road, Stowmarket, Suffolk, IP14 1BQ£460,000£432,500-£27,50015 May 202306 Oct 2023144 Days
22 Shearwater Way, Stowmarket, Suffolk, IP14 5UG£335,000£325,000-£10,00023 Feb 202306 Oct 2023225 Days
14 Woodcote, Stowmarket, Suffolk, IP14 1SN£160,000£157,000-£3,00026 Apr 202306 Oct 2023163 Days
28 Bond Street, Stowmarket, Suffolk, IP14 1HR£170,000£160,000-£10,00024 May 202319 Sep 2023118 Days
3 Dove Gardens, Stowmarket, Suffolk, IP14 5BX£350,000£350,000£0022 May 202307 Sep 2023108 Days

Most Expensive Streets in Stowmarket

PostcodeStreetAreaAverageNo. of Sales
IP14 5BTCreeting Road EastStowupland£538,5004
IP14 1AXTemple RoadStowmarket£484,2245
IP14 3FAWillow GardensOnehouse£470,6254
IP14 1ATTemple RoadStowmarket£460,0717
IP14 1SBWoodsideStowmarket£440,0004
IP14 1QDDanescourt AvenueStowmarket£424,0005
IP14 5BJMill StreetStowupland£402,5003
IP14 5BYSwallow DriveStowmarket£395,0003
IP14 1BQLockington RoadStowmarket£391,6254
IP14 1RGEliot WayStowmarket£370,0003

Least Expensive Streets in Stowmarket

PostcodeStreetAreaAverageNo. of Sales
IP14 5GDMerlin HouseCreeting Road£67,6005
IP14 1RRThe GroveStowmarket£71,81811
IP14 1RNLucena CourtStowmarket£89,64214
IP14 1NBOld School CourtViolet Hill Road£93,94117
IP14 5FPPintail RoadStowmarket£118,5005
IP14 1EJSheringham CourtStowmarket£120,5836
IP14 1UPDrake CloseStowmarket£120,9166
IP14 1JWGipping PlaceStowmarket£121,0717
IP14 1SFThirlmere DriveStowmarket£121,6663
IP14 1LUKingsmead CloseStowmarket£130,0003

Explore Stowmarket and Neighbouring Area House Prices