Suffolk Property Market 2015

Story Highlights

  • Suffolk had total property sales of £3.6 Billions in 2015
  • The total number of properties sold in 2015 in Essex was 14,357
  • The total volume of sales at district level was maximum for Suffolk Costal at £782 millions
  • The average sales price in Suffolk was £252 K whereas median was £196 K
  • The average sales price at district level was maximum for St Edmundsbury at £299 K
  • Similarly the median of sales price at district level was maximum for Suffolk Coastal at £242 K
  •  New Property sales in Suffolk contributed 8.29% and  Not New Property contributed 91.71%

 

Suffolk is one of the counties of East England.The districts of Suffolk are Suffolk Coastal, St Edmundsbury, Ipswich, Mid Suffolk, Babergh, Waveney, Forest Heath.

 

 

 

 Total Sales By Districts

Suffolk - Total Sales By Districts

The total sales of £3.6 Billions in 2015 contributed 10.5% of East England Property Market 2015 . 

The split across its districts is as follow:

  • Suffolk Coastal  was maximum at £782 millions (21.62%)
  • St Edmundsbury at £637 millions (17.61%)
  • Ipswich at £582 millions (16.11%)
  • Mid Suffolk at £483 millions (13.36%)
  • Babergh at £424 millions (11.73%)
  • Waveney at £418 millions (11.56%)
  • Forest Heath was minimum at £290 millions (8.01%)

 

 

Total Sales By Property Type

Suffolk - Total Sales By Property Type

The split of £3.6 Billions across the different property types are :

  • Detached at £1.623 Billions (44.9%)
  • Terraced at £755 millions (20.89%)
  • Semi-Detached at £720 millions (19.93%)
  • Flat/Maisonette at £203 millions (5.61%)
  • Other at £313 millions (8.67%)

 

 

 

Total No Of Properties Sold By Property Type

Suffolk - Total No Of Properties Sold By Property Type

The total property sales of £3.6 Billions in 2015 was spread over 14,357 properties.

  • Terraced properties at 4,252 (29.62%) 
  • Detached at  4,917 (34,25%)
  • Semi-Detached at  3,526 (24.56%)  
  • Flat/Maisonette at 1,431 (9.97%)
  • Others at 231 (1.61%). 

 

 

 

Average & Median Sales Price

Suffolk - Average & Median Sales Price

The average sales price in Suffolk was £252 K. For the different property types it was:

  • Detached at £330 K
  • Semi-Detached at £204 K
  • Terraced at £178 K,
  • Flat/Maisonette at £142 K
  • Other it is at £1.36 millions.

 

Similarly median sales price in Suffolk was £196 K. For the different property types it was:

  • Detached at £290 K
  • Semi-Detached at £185 K
  • Terraced at £160 K
  • Flat/Maisonette at £120 K
  • Other it is at £325 K

 

 

 

Average & Median Sales Price By Districts

Suffolk - Average Sales Price By Districts

The average of sales prices at district level in Suffolk for 2015 is as follows:

  • St Edmundsbury was maximum at £299 K
  • Suffolk Coastal at £283 K
  • Babergh at £278 K
  • Mid Suffolk at £253 K
  • Ipswich at £235 K
  • Forest Heath at £206 K
  • With minimum for Waveney at £195 K

 

Suffolk - Median Sales Price By Districts

The average of median prices at district level in Suffolk for 2015 is as follows.

  • Suffolk Coastal was maximum at £242 K
  • St Edmundsbury at £236 K
  • Babergh at £230 K
  • Mid Suffolk at £215 K
  • Forest Heath at £178 K
  • Waveney at £160 K
  • With minimum for Ipswich at £155 K

 

 

 

New Vs Not New Property Statistics

Suffolk - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Properties contributed £300 millions (8.29%) 
  • Not New Property contributed £3.32 billions (91.71%)

 

By Total Number the split is as follows:

  • New properties sold were 1,127  (7.85%)
  • Not new property sold were 13,230 (92.15%)

 

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