Housing Market Analysis for POUND CLOSE, IP31 1DB

Are you looking to understand IP31 1DB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this West Suffolk postcode.

For the location information and nearby amenities in the IP31 1DB area, explore the IP31 1DB Area information page.
For comprehensive crime statistics in the IP31 1DB area, explore the IP31 1DB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP31 1DB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £210,790 median price is £207,000 Standard Deviation is £72,861 with Total Sold: 5
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 POUND CLOSE: £300,000 (Sold on 19 Feb 2021)
    • The first recorded sale happened at this postcode is 1 POUND CLOSE: £83,950 (Sold on 29 Aug 1997)
  • Semi-Detached
    • The average price is around £207,165 median price is £249,995 Standard Deviation is £94,203 with Total Sold: 3
    • The Last 5 Year average price is £295,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 POUND CLOSE: £249,995 (Sold on 16 Jul 2010)
    • The first recorded sale happened at this postcode is 4 POUND CLOSE: £295,000 (Sold on 01 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1DB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£300,000 £2,727 1
2016£260,000 £2,281 1
2013£207,000 £1,819 1
2004£203,000 £1,784 1
1997£83,950 £736 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£249,995 £2,119 1
1997£76,500 £648 1
2023£295,000 £3,882 1

All the Sales in the POUND CLOSE, IP31 1DB

See the table below for more details on the sold house prices in the IP31 1DB, West Suffolk postcode.

AddressSold DatePrice% Change
2 POUND CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1967-197519 Feb 2021£300,000First Sale
1 POUND CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 1976-198209 Aug 2016£260,000209.71%
29 Aug 1997£83,950First Sale
5 POUND CLOSEDetached, FreeholdArea: 113.82 Sq.mtrAge: 1967-197521 Mar 2013£207,0001.97%
08 Sep 2004£203,000First Sale
3 POUND CLOSESemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1967-197516 Jul 2010£249,995226.79%
24 Oct 1997£76,500First Sale
4 POUND CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-196601 Dec 2023£295,000First Sale

Check out the sold house prices near the IP31 1DB postcode. Properties currently for saleProperties currently for rent

POUND CLOSE, IP31 1DB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 1DB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP31 1DB postcode.

  • Detached
    • The average price is around £224,595 median price is £214,000 Standard Deviation is £116,918 with Total Sold: 304
    • The Last 5 Year average price is £371,148 with Total Sold: 54
    • The most recent sale happened at this postcode is , 46 BISHOPS CROFT: £245,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 21 BISHOPS CROFT: £60,000 (Sold on 20 Mar 1995)
  • Semi-Detached
    • The average price is around £194,744 median price is £195,500 Standard Deviation is £97,003 with Total Sold: 75
    • The Last 5 Year average price is £308,111 with Total Sold: 14
    • The most recent sale happened at this postcode is , 39 HOPTON ROAD: £195,500 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 11 HEPWORTH ROAD: £44,000 (Sold on 08 Sep 1995)
  • Terraced
    • The average price is around £223,077 median price is £220,000 Standard Deviation is £92,700 with Total Sold: 33
    • The Last 5 Year average price is £308,279 with Total Sold: 6
    • The most recent sale happened at this postcode is , MALTINGS END HOPTON ROAD: £250,000 (Sold on 30 Jan 2024)
    • The first recorded sale happened at this postcode is , 43 MILLFIELD ROAD: £68,500 (Sold on 14 Nov 1996)
  • Flat
    • The average price is around £84,333 median price is £96,000 Standard Deviation is £30,923 with Total Sold: 3
    • The Last 5 Year average price is £115,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 3 POUND CORNER: £115,000 (Sold on 14 Jan 2022)
    • The first recorded sale happened at this postcode is , 3 POUND CORNER: £42,000 (Sold on 05 Sep 1997)
  • Other
    • The average price is around £482,667 median price is £327,500 Standard Deviation is £558,112 with Total Sold: 6
    • The Last 5 Year average price is £873,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , BARNINGHAM HALL CONEY WESTON ROAD: £1,665,000 (Sold on 25 Jun 2021)
    • The first recorded sale happened at this postcode is , BARNVIEW HEPWORTH ROAD: £30,000 (Sold on 10 Mar 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£353,333 £3,978 3
2023£371,714 £3,686 7
2022£404,000 £3,701 10
2021£411,156 £3,117 16
2020£313,111 £2,766 9
2019£327,056 £2,743 9
2018£319,312 £2,749 8
2017£304,000 £3,189 7
2016£257,964 £3,005 14
2015£282,442 £2,636 18
2014£197,500 £2,142 7
2013£214,214 £1,983 7
2012£227,500 £2,279 6
2011£242,500 £2,516 6
2010£239,300 £2,246 10
2009£217,400 £2,200 5
2008£246,400 £1,998 6
2007£215,852 £2,371 17
2006£223,245 £2,099 19
2005£196,650 £2,090 10
2004£265,500 £2,301 12
2003£194,930 £1,959 10
2002£146,493 £1,507 8
2001£155,239 £1,536 9
2000£125,681 £957 8
1999£97,137 £978 27
1998£87,778 £1,024 9
1997£83,419 £652 13
1996£79,188 £686 8
1995£79,750 £742 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£273,167 £2,944 3
2023£271,500 £3,366 2
2022£366,667 £3,148 3
2021£277,017 £2,993 3
2019£340,000 £2,620 3
2018£247,000 £3,293 1
2017£289,900 £2,858 5
2016£223,988 £2,197 4
2015£225,705 £2,180 7
2014£213,250 £1,922 6
2012£159,750 £2,732 2
2011£270,000 £3,755 1
2010£203,332 £2,540 3
2009£172,500 £1,461 1
2008£167,000 £2,062 2
2007£235,000 £1,567 1
2006£146,167 £1,862 3
2005£205,000 £1,304 2
2004£196,250 £1,557 2
2002£115,000 £1,344 2
2001£70,599 £757 5
2000£90,500 £1,118 2
1999£89,250 £568 5
1998£53,0001
1997£76,700 £648 3
1996£53,0001
1995£56,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,000 £2,841 1
2022£312,419 £3,290 4
2021£350,000 £2,023 1
2016£318,333 £2,383 3
2015£245,000 £2,333 1
2014£330,0001
2013£192,000 £2,111 3
2012£138,500 £1,832 2
2011£325,000 £2,400 1
2007£261,090 £2,125 5
2006£182,500 £2,114 4
2005£145,000 £1,142 1
2003£195,000 £1,806 1
2000£90,000 £490 1
1999£79,962 £765 2
1998£110,000 £1,019 1
1996£68,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£115,000 £2,447 1
2004£96,000 £2,043 1
1997£42,000 £894 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£873,667 £3,065 3
2018£180,000 £1,333 1
2017£47,500 £480 2

House Type in IP31 1DB area

The most common house types in the IP31 1DB postcode area are Detached (74), Semi-detached (28), and Terraced (8).

Total110
Detached74
Semi-detached28
Terraced8
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright69
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency7
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 1DB have 2 people in household (51), and 3 people in household (25).

2 people in household51
3 people in household25
1 person in household20
4 people in household9
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0