Suffolk property prices

The average property price in Suffolk county is £307k. The average price increased by £32.6k (12%) over the last twelve months. The price of an established property is £305k. The price of a newly built property is £335k. There were 9.9k property sales and sales dropped by 14.1% (-1.7k transactions). Most properties were sold in the £200k-£250k price range with 1926 (19.4%) properties sold, followed by £300k-£400k price range with 1895 (19.1%) properties sold.

June 2020 - May 2021

Suffolk county

England and Wales

£307k

average property price

£332k

average property price

12%

average price percentage change

10%

average price percentage change

£32.6k

average price change

£30.7k

average price change

Suffolk house prices map

This price map shows the average property price in a given postcode sector between June 2020 - May 2021. The most affordable place was 'NR32 2' with the average price of £129k. The most expensive place was 'IP15 5', £597k.

Suffolk house prices map

Suffolk house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between June 2020 - May 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.

Suffolk house prices compared to other countiesAverage price percentage change
Average property price

Suffolk house price rank

With the average price of £307k, Suffolk is the 22. most pricey county out of 55 England and Wales' counties.

Suffolk house price rank

Suffolk property sales share by price range

shows a number of properties sold in a given price range between June 2020 - May 2021.

Suffolk property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%1
£50k-£100k2.0%198
£100k-£150k7.8%774
£150k-£200k18.1%1.8k
£200k-£250k19.4%1.9k
£250k-£300k14.4%1.4k
£300k-£400k19.1%1.9k
£400k-£500k9.0%899
£500k-£750k7.8%774
£750k-£1M1.8%178
over £1M0.7%67

Suffolk cost comparison of new homes and older homes

June 2020 - May 2021

Suffolk cost comparison of new homes and older homes

£335k

A newly built property

£305k

An established property

Suffolk cost comparison of houses and flats

June 2020 - May 2021

Suffolk cost comparison of houses and flats

£419k

Detached

£167k

Flat

£259k

Semi-Detached

£222k

Terraced

Suffolk real house prices

Yearly average nominal house prices adjusted for inflation.

Suffolk real house prices

Suffolk house prices compared to England & Wales' house prices

Yearly average nominal prices

Suffolk house prices

Suffolk house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Suffolk house prices and nearby counties

Yearly average nominal prices

Suffolk house prices and nearby counties

Suffolk house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Suffolk house prices new vs established

Suffolk house prices by property type

Yearly average nominal prices

Suffolk house prices by property type

Suffolk house price to earnings ratio

The median property price to median earnings ratio is ranging between 7.1 in Ipswich and 8.9 in West Suffolk. Ie. Ipswich resident with middle-income needs 7.1 gross annual salaries to buy a medium-priced property. Resident in West Suffolk needs 8.9 annual salaries. The England and Wales ratio was 7.7 in 2019.
Suffolk house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Ipswich7.1
England and Wales7.7
East Suffolk7.9
Babergh8.8
Mid Suffolk8.8
West Suffolk8.9

Other reports for Suffolk county

new home prices

property transactions

salary and unemployment

population statistics

home energy certificates

energy costs

home features

crime statistics

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