Property profile

2 The CrossroadsBrome

Map showing 2 The Crossroads, Brome, Eye

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£525,000

Detached sold in Palgrave

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold21 Jul 2022
£525,000Change since last sale: +£1,000 (+0.2%)
Annualised change
+0.0% per yearMid Suffolk annualised change (detached) since 2022: +0.2% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £268 per sq ft
£313 per sq ftEstimate vs local median: +£45 per sq ft (+17%)
Local sold pricesMedian for detached in Palgrave
£525,000Estimate vs local median: +£1,000 (+0.2%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Detached
TenureFreehold
Floor area156 m² / 1,679 sq ft
EPC ratingB
EPC inspection08 Jul 2022

Sales history

DatePriceChange
21 Jul 2022£525,000-

Local market

Property prices in Palgrave

Median price: £450,000
Price per sq ft: £293
Sales (last 12 months): 35
Typical range (middle 50%): £306K – £558K

Based on 35 recent sales, the median property price is £450,000 (about £293 per square foot) in Palgrave area, with individual transactions ranging from £160,000 up to £975,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Palgrave over the last year.
TypeSalesMedian£/sq ft
Detached21£525,000£268
Terraced4£349,000£263
Semi-Detached10£322,500£319

10-year price trendmedian sale price in Palgrave

Sale price

Ten year median sale price trend for each property type in Palgrave.
YearDetachedSemi-DetachedTerraced
2016£425,000£242,500£200,000
2017£380,000£250,000£224,975
2018£386,000£262,000£215,000
2019£420,000£232,000£200,000
2020£400,000£231,000£182,500
2021£465,000£268,250£270,000
2022£575,000£315,000£300,000
2023£527,500£362,500£315,000
2024£450,000£260,000£237,500
2025£472,500£326,000£91,000
2026£468,000£322,500£349,000
Ten year median sale price trend for each property type in Palgrave.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Palgrave.
YearDetachedSemi-DetachedTerraced
2016£194£241£279
2017£253£264£191
2018£246£221£247
2019£258£263£252
2020£262£270£262
2021£304£264£280
2022£313£309£335
2023£313£266£330
2024£302£270£257
2025£320£331£176
2026£273£331£263
Ten year median sale price per square foot trend for each property type in Palgrave.

Price distribution by property typelast 12 months

Price distribution by property type for Palgrave in the last year.

Recent sales

No sales records found in the last 18 months.

Other properties at this postcode

AddressTenureFloor areaLast sale
1 The Crossroads, Brome, EyeFreehold156 m²£550,000 (2022)
3 The Crossroads, Brome, EyeFreehold156 m²£525,000 (2022)
4 The Crossroads, Brome, EyeFreehold127 m²£425,000 (2022)
5, The Crossroads, Brome, EyeFreehold154 m²£445,000 (2021)
6, The Crossroads, Brome, EyeFreehold95 m²£295,000 (2021)
7, The Crossroads, Brome, EyeFreehold95 m²£295,000 (2021)
8, The Crossroads, Brome, EyeFreehold85 m²£255,000 (2021)

Area insights for IP23 8FD

Full area profile →

Overview

Postcode IP23 8FD is located in a rural village, within the Palgrave area of Mid Suffolk in the East of England region, and forms part of the Eye, Palgrave & Occold area. It has low deprivation and very low crime levels, with around 26.2 crimes per 1,000 residents per year, about 68% below the East of England average of 82 per 1,000. The average income per household in Eye, Palgrave & Occold is £57,494 per year. The median sale price in Palgrave is £450,000 (around £293 per square foot), with typical sale prices between £306,000 and £557,500. The nearest station is Diss, about 2.1 miles away.

Crime rate
2/10
Crimes per 1k residents
26
Deprivation level
4/10
Income level
5/10
Social housing
8.9%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Very High

Deprivation level

4/10

Eye, Palgrave & Occold has a low level of deprivation, ranked at position 21,943 out of 32,844 areas in England, placing it within the bottom 33% least deprived areas in England.

Crime level

2/10

Eye, Palgrave & Occold has a very low crime rate, with approximately 26.2 reported incidents per 1,000 population each year.

Social housing

8.9%

Approximately 8.9% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 11.5% of dwellings are socially rented.

Income level

5/10

The average income per household in Eye, Palgrave & Occold is £57,494 per year.

Noise Level

Very High

Very High noise level (>=75.0 dB) from road, approximately 221 ft away from IP23 8FD.

Flood risk

No risk

Eye, Palgrave & Occold near IP23 8FD has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Diss located about 2.1 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
562
Population density
62.8 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
10.9(-65%)
Other theft
4.04(-26%)
Burglary
3.63(+31%)
Anti-social behaviour
2.42(-79%)
Criminal damage and arson
2.02(-68%)
East of England average

Demographics

Ethnic groups

British
538
95.73%
Other White
9
1.6%
White and Asian (mixed)
4
0.71%
Other Mixed or Multiple ethnic groups
4
0.71%
Irish
3
0.53%
Total population: 562

Economics

Education (age 16+)

Level 4+ (Degree)
156
32.37%
No qualifications
88
18.26%
Level 3 (A level)
83
17.22%
Level 2 (GCSEs 9-4)
65
13.49%
Apprenticeship
47
9.75%
Total 16+ residents: 482

Housing

Housing tenure

Owns outright
129
52.44%
Owns with a mortgage
60
24.39%
Private landlord or letting agency
22
8.94%
Social rents from council
18
7.32%
Other forms of private rent
12
4.88%
Total households: 246

Schools

In the IP23 8FD postcode area, located within Eye, Palgrave & Occold, there are no schools in close proximity.

Local amenities

1 nearby supermarkets & convenience stores within 0.5 mi of IP23 8FD

Nearby supermarkets & convenience stores for IP23 8FD
DistanceNameAddressDirections
0.3 miGulf ShopNorwich Road, Diss, IP21 4BBWalking directions to Gulf Shop