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Woodbridge House Prices Woodbridge House Prices

The average house price in Woodbridge is £636,666 using HM Land Registry data.

The average property price increased by £154,016 (44.12%) over the last 5 years and increased by £30,782 (6.52%) over the last 12 months.

Over the last year, there were 146 residential property sales – a decrease of 49 transactions (-33.56%) relative to the previous year. The majority of house sales (42) were in the £308,000 - £456,000 range. Then came properties in the £160,000 - £308,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,339 (-2%).

In April 2024, there were 39 new estate agency instructions, 19 agreed home sales and 20 property price reductions.

Postcodes Covered: IP12, IP13

5-Year Average Property Prices in Woodbridge

44.12%

Property prices in Woodbridge increased by 44.12% 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 Woodbridge Over the Last Year

6.52%

Property prices in Woodbridge increased by 6.52% 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 Woodbridge - 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 Woodbridge

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 Woodbridge

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 Woodbridge

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 Woodbridge since 1995

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

Recent Property Sales in Woodbridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Turner Gardens, Woodbridge, Suffolk, IP12 4JD£650,000£635,000-£15,00031 Oct 202308 Mar 2024129 Days
28 Clare Avenue, Woodbridge, Suffolk, IP12 4ES£450,000£425,000-£25,00011 Apr 202307 Mar 2024331 Days
26 Suffolk Place, Woodbridge, Suffolk, IP12 1XB£155,000£155,000£0030 Oct 202327 Feb 2024120 Days
17 St Johns Street, Woodbridge, Suffolk, IP12 1EB£350,000£335,000-£15,00001 Jul 202325 Jan 2024208 Days
16 Bury Hill, Woodbridge, Suffolk, IP12 1LF£525,000£510,000-£15,00011 Sep 202316 Jan 2024127 Days
6 Bury Hill Close, Woodbridge, Suffolk, IP12 1LE£300,000£280,000-£20,00014 Aug 202315 Dec 2023123 Days
13 Westholme Close, Woodbridge, Suffolk, IP12 4BE£525,000£510,000-£15,00001 Aug 202328 Nov 2023119 Days
6 Fynn Road, Woodbridge, Suffolk, IP12 4LS£565,000£525,000-£40,00013 Mar 202310 Nov 2023242 Days
39 Haugh Lane, Woodbridge, Suffolk, IP12 1LA£250,000£245,000-£5,00024 Jul 202307 Nov 2023106 Days
41 Oxford Drive, Woodbridge, Suffolk, IP12 4EH£285,000£275,000-£10,00021 Nov 202227 Oct 2023340 Days
14 Cale Road, Melton, Woodbridge, Suffolk, IP12 1TS£995,000£280,000-£715,00026 Feb 201127 Oct 20234626 Days
10 Carmelite Place, Woodbridge, Suffolk, IP12 1DR£695,000£665,000-£30,00017 May 202327 Oct 2023163 Days
5 Westholme Close, Woodbridge, Suffolk, IP12 4BE£500,000£490,000-£10,00021 Aug 202324 Oct 202364 Days
34 Tennyson Close, Woodbridge, Suffolk, IP12 4LB£350,000£350,000£0021 Jul 202318 Oct 202389 Days
9 Saxon Way, Melton, Woodbridge, Suffolk, IP12 1LG£850,000£800,000-£50,00003 Jul 202316 Oct 2023105 Days
25 Collingwood Road, Woodbridge, Suffolk, IP12 1JL£260,000£252,500-£7,50010 May 202310 Oct 2023153 Days
14 Edward Fitzgerald Court, Woodbridge, Suffolk, IP12 4LA£275,000£270,000-£5,00027 Jun 202328 Sep 202393 Days
8 Oxford Drive, Woodbridge, Suffolk, IP12 4EE£330,000£325,000-£5,00006 Apr 202321 Sep 2023168 Days
16 Crane Close, Woodbridge, Suffolk, IP12 4TF£675,000£663,000-£12,00005 Apr 202315 Sep 2023163 Days
6 Warwick Avenue, Woodbridge, Suffolk, IP12 1JX£270,000£270,000£0003 Mar 202307 Sep 2023188 Days

Most Expensive Streets in Woodbridge

PostcodeStreetAreaAverageNo. of Sales
IP12 4BTIpswich RoadWoodbridge£1,644,1663
IP12 1FDThe GroveMelton£1,325,4583
IP12 1LWLeeks HillMelton£1,320,0003
IP12 4DDDukes ParkWoodbridge£1,203,0005
IP12 4ADCumberland StreetWoodbridge£1,038,3333
IP12 1NRTurnpike LaneMelton£993,7504
IP12 4BUIpswich RoadWoodbridge£916,2504
IP12 1FELanyard PlaceWoodbridge£872,5006
IP12 4JNMoorfield RoadWoodbridge£853,3336
IP12 1ERBull Ride MewsWoodbridge£755,0003

Least Expensive Streets in Woodbridge

PostcodeStreetAreaAverageNo. of Sales
IP12 1XBSuffolk PlaceWoodbridge£126,69226
IP12 4JETanyard CourtWoodbridge£166,88818
IP12 1AEOld Maltings CourtMelton£167,33312
IP12 1HACobbold RoadWoodbridge£173,71414
IP12 1HBElmhurst CourtWoodbridge£182,75012
IP12 1DDGobbitts YardWoodbridge£193,7504
IP12 1HFFarlingayesWoodbridge£197,0004
IP12 1FBWhitehall PlaceThoroughfare£201,5756
IP12 4BFClarkson CourtIpswich Road£206,04940
IP12 4EQBalliol CloseWoodbridge£206,5836

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