Banks Close - IP7 5RX
Key Street Insights
Banks Close is a residential street with 12 addresses.
It ranks as the 219th largest and 49th most expensive of the 422 streets in the IP7 area. The most common property type is a modern house built after 1980.
The street contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £236,627
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £1,079pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £399/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Street Insights
Banks Close is a residential street with 12 addresses.
It ranks as the 219th largest and 49th most expensive of the 422 streets in the IP7 area. The most common property type is a modern house built after 1980.
The street contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £236,627
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £1,079pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £399/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertieson Banks Close, Hadleigh, Ipswich, IP7
- 1 Banks Close
Unknown
- 2 Banks Close
2 Bed Modern House
- 3 Banks Close
2 Bed Modern House
- 4 Banks Close
2 Bed Modern House
- 5 Banks Close
2 Bed Modern House
Sales Market Trends
The last sale on Banks Close sold for £305,000 on 27th January 2023. Since then prices are down an average of 8.1%.
The current average value in the street is £236,627.
The Banks Close Sales Market has increased by 22.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £236,627 |
| June 2025 | -0.2% | £243,596 |
| June 2024 | -3.5% | £244,037 |
| June 2023 | -1.1% | £252,783 |
| June 2022 | 10.1% | £255,662 |
| June 2021 | 8.9% | £232,214 |
| June 2020 | 7% | £213,160 |
| June 2019 | -2.1% | £199,148 |
| June 2018 | -4.2% | £203,516 |
| June 2017 | 10% | £212,415 |
| June 2016 | 11.6% | £193,113 |
| June 2015 | -0.1% | £173,021 |
| June 2014 | 12.5% | £173,219 |
| June 2013 | -1% | £153,972 |
| June 2012 | 6.1% | £155,586 |
| June 2011 | 0.2% | £146,692 |
| June 2010 | 3.6% | £146,395 |
| June 2009 | -5.6% | £141,370 |
| June 2008 | -4.1% | £149,813 |
| June 2007 | 0% | £156,231 |
Rental Market Trends
The current average rental value in the street is £1,079.
The Banks Close Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,079pcm |
| June 2025 | 5.8% | £1,054pcm |
| June 2024 | 4.6% | £997pcm |
| June 2023 | 5.4% | £954pcm |
| June 2022 | 9.3% | £904pcm |
| June 2021 | 8.6% | £827pcm |
| June 2020 | 2% | £762pcm |
| June 2019 | 1.3% | £747pcm |
| June 2018 | 0.8% | £737pcm |
| June 2017 | 3.7% | £731pcm |
| June 2016 | 7.6% | £705pcm |
| June 2015 | 3.9% | £655pcm |
| June 2014 | 4.4% | £631pcm |
| June 2013 | 2.9% | £604pcm |
| June 2012 | 2.9% | £587pcm |
| June 2011 | 3.8% | £571pcm |
| June 2010 | 6.4% | £550pcm |
| June 2009 | -8% | £517pcm |
| June 2008 | 3.2% | £562pcm |
| June 2007 | 0% | £544pcm |
Sales History
The last sale was on 27th January 2023 for £305,000 and since then the market in the area has decreased by 8.1%. The street has had a total of 45 sales since 1995.
Banks Close, Hadleigh, Ipswich, IP7 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2023£305,000 | 2 Bed House2, Banks Close, Ipswich, IP7 5RX2, Banks Close, Ipswich, IP7 5RX
- Sold Mar 2022£250,000 | 2 Bed House10, Banks Close, Ipswich, IP7 5RX10, Banks Close, Ipswich, IP7 5RX
- Sold Sep 2021£200,000 | 2 Bed House5, Banks Close, Ipswich, IP7 5RX5, Banks Close, Ipswich, IP7 5RX
- Sold Oct 2020£200,000 | 2 Bed House10, Banks Close, Ipswich, IP7 5RX10, Banks Close, Ipswich, IP7 5RX
- Sold Jul 2020£215,000 | 2 Bed House11, Banks Close, Ipswich, IP7 5RX11, Banks Close, Ipswich, IP7 5RX
Top 3 Most Expensive Sales
- Sold Jan 2023£305,000 | 2 Bed House2, Banks Close, Ipswich, IP7 5RX2, Banks Close, Ipswich, IP7 5RX
- Sold Mar 2022£250,000 | 2 Bed House10, Banks Close, Ipswich, IP7 5RX10, Banks Close, Ipswich, IP7 5RX
- Sold Jul 2020£215,000 | 2 Bed House11, Banks Close, Ipswich, IP7 5RX11, Banks Close, Ipswich, IP7 5RX
Nearby Streets
Banks Close, Hadleigh, Ipswich, IP7 is the 219th largest and the 49th most expensive street in the IP7 area.
- Station Road, Hadleigh, Ipswich, IP736 Addresses|33 m away
- The Granary, Hadleigh, Ipswich, IP78 Addresses|57 m away
- Wilson Road, Hadleigh, Ipswich, IP758 Addresses|96 m away
- Highlands Road, Hadleigh, Ipswich, IP743 Addresses|100 m away
- Station Yard, Hadleigh, Ipswich, IP719 Addresses|113 m away
- Dunn Close, Hadleigh, Ipswich, IP716 Addresses|122 m away
Property Types
- 10 modern houses built after 1980
- 2 other addresses of unknown type
- modern house (10)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (10)
- G (0)
- D (0)
- No EPC (2)
Schools Nearby
- Hadleigh Community Primary School300 m away
- St Mary's Church of England Primary School, Hadleigh400 m away
- Beaumont Community Primary School1.2 km away
- Hadleigh High School300 m away
- East Bergholt High School8.3 km away
- Chantry Academy11.5 km away
More reading links
Public Transport Nearby
The closest station to Banks Close, Hadleigh, Ipswich, IP7 - IP7 5RX is Manningtree station, which is 11.7 kilometres away.
- Manningtree|11.7 km away
- Ipswich|12.5 km away
- Mistley|13.6 km away