Housing Market Analysis for HONINGTON ROAD, IP31 1EL

Are you looking to understand IP31 1EL 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 1EL area, explore the IP31 1EL Area information page.
For comprehensive crime statistics in the IP31 1EL area, explore the IP31 1EL Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £233,111 median price is £225,000 Standard Deviation is £110,342 with Total Sold: 9
    • The Last 5 Year average price is £335,250 with Total Sold: 4
    • The most recent sale happened at this postcode is ALBERTA HONINGTON ROAD: £326,000 (Sold on 20 Jan 2023)
    • The first recorded sale happened at this postcode is SHANGRI-LA HONINGTON ROAD: £310,000 (Sold on 10 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1EL 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
2023£318,000 £3,582 2
2022£280,000 £2,500 1
2021£425,000 £3,501 1
2011£225,000 £1,853 1
2008£185,0001
2003£205,000 £1,689 1
1997£83,000 £684 1
1995£59,0001

All the Sales in the HONINGTON ROAD, IP31 1EL

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

AddressSold DatePrice% Change
ALBERTA HONINGTON ROADDetached, FreeholdArea: 91 Sq.mtrAge: 1900-192920 Jan 2023£326,000First Sale
WAYSIDE BUNGALOW HONINGTON ROADDetached, FreeholdArea: 112 Sq.mtrAge: 1900-192912 May 2022£280,000First Sale
BRONTES HONINGTON ROADDetached, FreeholdArea: 121.4 Sq.mtrAge: 1930-194919 Nov 2021£425,00088.89%
14 Oct 2011£225,0009.76%
17 Mar 2003£205,000146.99%
27 Jun 1997£83,000First Sale
CLOVERLEA HONINGTON ROADDetached, Freehold11 Aug 2008£185,000First Sale
SHANGRI-LA HONINGTON ROADDetached, Freehold28 Sep 1995£59,000-80.97%
10 Nov 2023£310,000First Sale

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

HONINGTON ROAD, IP31 1EL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 1EL 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 1EL postcode.

  • Detached
    • The average price is around £305,205 median price is £298,950 Standard Deviation is £149,674 with Total Sold: 19
    • The Last 5 Year average price is £417,286 with Total Sold: 7
    • The most recent sale happened at this postcode is , SHANGRI-LA HONINGTON ROAD: £310,000 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is , SHANGRI-LA HONINGTON ROAD: £59,000 (Sold on 28 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£412,000 £3,276 3
2022£420,000 £2,464 3
2021£425,000 £3,501 1
2017£277,000 £2,252 1
2016£420,000 £2,438 2
2011£290,000 £1,932 2
2008£185,0001
2004£199,475 £1,130 2
2003£227,475 £1,588 2
1997£83,000 £684 1
1995£59,0001

House Type in IP31 1EL area

The most common house types in the IP31 1EL postcode area are Terraced (113), Semi-detached (30), and Detached (13).

Total157
Terraced113
Semi-detached30
Detached13
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Other private rented (71), and Owned: Owns outright (58).

Private rented: Other private rented71
Owned: Owns outright58
Private rented: Private landlord or letting agency12
Social rented: Other social rented8
Owned: Owns with a mortgage or loan5
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP31 1EL have 1 person in household (83), and 2 people in household (35).

1 person in household83
2 people in household35
3 people in household17
4 people in household17
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0