Reeves Close, Bungay house prices are built from 41 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 31 Mar 2023. The median price paid across the whole record is £59,000.
Median price paid
£59,000
Median per m²
£647
HM Land Registry41 sales13 with floor areaLatest sale 31 Mar 2023
Section 01
How Reeves Close, Bungay prices moved
There are too few years of sales in Reeves Close, Bungay to plot a trend line. The figures below are drawn from the whole record rather than a yearly series.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 4 | 31 Mar 2023 | Detached | £295,000 | £318,736 |
| 14 | 13 Feb 2023 | Terraced | £138,750 | £149,914 |
| 11 | 27 Jan 2023 | Terraced | £180,000 | £194,483 |
| 9 | 25 May 2022 | Terraced | £138,000 | £159,885 |
| 12 | 23 Aug 2021 | Terraced | £80,000 | £101,075 |
| 8 | 10 Sep 2020 | Terraced | £190,000 | £246,006 |
| 14 | 7 Jun 2019 | Terraced | £105,000 | £137,338 |
| 9 | 11 Apr 2017 | Terraced | £96,000 | £130,656 |
| 8 | 7 Mar 2013 | Terraced | £136,000 | £198,304 |
| 12 | 9 Jul 2010 | Terraced | £61,000 | £97,407 |
| 9 | 22 Dec 2008 | Terraced | £82,500 | £138,482 |
| 16 | 2 Feb 2007 | Terraced | £72,500 | £126,048 |
| 9 | 23 Jun 2006 | Terraced | £94,000 | £167,348 |
| 8 | 18 Nov 2005 | Terraced | £114,000 | £207,674 |
| 12 | 18 Nov 2005 | Terraced | £59,000 | £107,481 |
| 21 | 21 May 2004 | Terraced | £124,500 | £230,980 |
| 11 | 4 Oct 2002 | Terraced | £89,950 | £173,501 |
| 12 | 20 Sep 2002 | Terraced | £40,000 | £77,155 |
| 8 | 28 Feb 2002 | Terraced | £37,500 | £72,332 |
| 21 | 3 Sep 2001 | Terraced | £71,500 | £140,216 |
| 6 | 27 Apr 2001 | Detached | £94,995 | £186,291 |
| 11 | 21 Dec 2000 | Terraced | £59,250 | £118,500 |
| 4 | 1 Oct 1999 | Detached | £77,000 | £156,893 |
| 14 | 23 Mar 1998 | Terraced | £21,000 | £43,544 |
| 11 | 28 Feb 1997 | Terraced | £49,950 | £105,909 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Reeves Close, Bungay values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 4 Reeves Close | £77,000 (1999) | £295,000 (2023) | +5.8% | +3.0% |
| 14 Reeves Close | £37,500 (1995) | £138,750 (2023) | +4.8% | +2.1% |
| 11 Reeves Close | £48,250 (1995) | £180,000 (2023) | +4.8% | +2.2% |
| 9 Reeves Close | £34,500 (1995) | £138,000 (2022) | +5.3% | +2.8% |
| 12 Reeves Close | £37,500 (1995) | £80,000 (2021) | +3.0% | +0.7% |
| 8 Reeves Close | £42,000 (1995) | £190,000 (2020) | +6.2% | +4.0% |
| 16 Reeves Close | £42,000 (1995) | £72,500 (2007) | +4.7% | +2.5% |
| 21 Reeves Close | £51,500 (1995) | £124,500 (2004) | +10.3% | +8.1% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Reeves Close, Bungay is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Terraced | 38 | 92.7% | £51,500 | £21,000 – £190,000 |
| Detached | 3 | 7.3% | £94,995 | £77,000 – £295,000 |
Section 06
Ownership and new build in Reeves Close, Bungay
8 of the sales on record are leasehold and 33 freehold — 19.5% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £66,750 and the median freehold sale £51,500 — a gap of -22.8%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 8 | 19.5% | £66,750 |
| Freehold | 33 | 80.5% | £51,500 |
| New build | 16 | 39.0% | £37,500 |
| Existing home | 25 | 61.0% | £89,950 |
New builds sold for less than the median existing home — -58.3%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
Section 09
How Reeves Close, Bungay compares
The median across the whole archive is £157,500. Reeves Close, Bungay sits below that national figure — -62.5%.
Within Bungay the street ranks 171 of 172 by median price, and its median is below the town figure of £160,000 (-63.1%).
Where an EPC floor area could be matched to the sale, the median works out at £647 per square metre, across 13 of the 41 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £21,000 to £295,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Section 10
Nearby on the record
Streets nearby
- Yarmouth Road£210,000 median
- Waveney Road£119,950 median
- Beccles Road£193,750 median
- Waterside Drive£179,950 median
- Loddon Road£200,500 median
- Mountbatten Road£150,500 median
- Church Road£245,000 median
- Mill Road£168,000 median
- Nethergate Street£180,000 median
- The Street£207,500 median
- Kings Road£137,500 median
- Southend Road£131,000 median
- Upper Olland Street£151,250 median
- Broad Street£124,250 median
- Clark Road£97,250 median
- Norwich Road£239,950 median
Addresses with more than one recorded sale
- 11 Reeves Close5 sales
- 9 Reeves Close5 sales
- 12 Reeves Close5 sales
- 8 Reeves Close5 sales
- 14 Reeves Close4 sales
- 21 Reeves Close3 sales
- 4 Reeves Close2 sales
- 16 Reeves Close2 sales
Back to Bungay house prices.
Quick answers
Common questions about this data
What is the average house price in Reeves Close, Bungay?
The median price paid in Reeves Close, Bungay across every sale on the register is £59,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in Reeves Close, Bungay?
41 sales are on record for Reeves Close, Bungay, the most recent completing on 31 Mar 2023. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
When were Reeves Close, Bungay house prices at their highest?
The highest yearly median on record is £37,500, set in 1995. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in Reeves Close, Bungay?
£647 per square metre, from the 13 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 31 Mar 2023. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “Reeves Close, Bungay house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.