Housing Market Analysis for IP31 1JR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £347,000 median price is £446,000 Standard Deviation is £144,510 with Total Sold: 5
    • The Last 5 Year average price is £465,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MERE VIEW: £465,000 (Sold on 16 Oct 2020)
    • The first recorded sale happened at this postcode is MEADOW HOUSE: £108,000 (Sold on 02 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1JR 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
2020£465,000 £2,981 1
2014£466,0001
2013£446,000 £1,843 1
2008£250,0001
1995£108,0001

All the Sales in the IP31 1JR

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

AddressSold DatePrice% Change
MERE VIEWDetached, FreeholdArea: 156 Sq.mtrAge: 1967-197516 Oct 2020£465,000First Sale
CHURCH CLOSEDetached, Freehold07 Nov 2014£466,000First Sale
THE LODGEDetached, FreeholdArea: 242 Sq.mtrAge: 1950-196601 Aug 2013£446,000First Sale
MEADOW HOUSEDetached, Freehold17 Jul 2008£250,000131.48%
02 Aug 1995£108,000First Sale

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

IP31 1JR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £155,333 median price is £115,000 Standard Deviation is £78,445 with Total Sold: 3
    • The Last 5 Year average price is £265,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 3 ORCHARD CLOSE: £265,000 (Sold on 14 Dec 2023)
    • The first recorded sale happened at this postcode is , 8 SCHOOL GARDENS: £86,000 (Sold on 16 Oct 2006)
  • Semi-Detached
    • The average price is around £176,870 median price is £190,000 Standard Deviation is £68,232 with Total Sold: 20
    • The Last 5 Year average price is £229,900 with Total Sold: 5
    • The most recent sale happened at this postcode is , 9 MERE VIEW: £280,000 (Sold on 07 Jul 2023)
    • The first recorded sale happened at this postcode is , 10 ORCHARD CLOSE: £10,000 (Sold on 16 Aug 1995)
  • Detached
    • The average price is around £271,601 median price is £255,000 Standard Deviation is £141,942 with Total Sold: 36
    • The Last 5 Year average price is £465,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MERE VIEW : £465,000 (Sold on 16 Oct 2020)
    • The first recorded sale happened at this postcode is , MEADOW HOUSE : £108,000 (Sold on 02 Aug 1995)
  • Other
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 BIRDS CROFT: £250,000 (Sold on 30 Aug 2018)
    • The first recorded sale happened at this postcode is , 2 BIRDS CROFT: £250,000 (Sold on 30 Aug 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£265,000 £3,354 1
2012£115,000 £3,283 1
2006£86,000 £2,455 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£280,000 £3,500 1
2021£207,500 £2,066 1
2019£220,667 £2,854 3
2017£222,000 £2,936 1
2016£240,000 £4,929 1
2015£222,167 £3,898 3
2014£180,000 £2,250 1
2013£153,500 £1,190 1
2009£152,500 £1,245 2
2007£190,000 £2,235 1
2004£153,900 £1,811 1
2003£131,000 £1,732 1
2002£68,0002
1995£10,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£465,000 £2,981 1
2018£365,000 £2,648 2
2017£312,500 £2,741 1
2016£455,000 £4,027 1
2015£342,000 £2,571 1
2014£373,000 £1,618 2
2013£605,500 £2,155 2
2012£175,000 £2,035 1
2010£324,975 £1,906 2
2009£314,667 £1,437 3
2008£250,0001
2007£362,000 £1,749 1
2006£275,000 £2,241 2
2005£285,000 £1,677 1
2004£140,0001
2003£147,0001
2002£195,000 £1,969 3
2000£178,317 £1,054 3
1999£133,750 £867 2
1998£118,000 £887 1
1997£115,3752
1996£169,000 £545 1
1995£108,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£250,000 £2,976 1

House Type in IP31 1JR area

The most common house types in the IP31 1JR postcode area are Semi-detached (57), Detached (36), and Terraced (8).

Total102
Semi-detached57
Detached36
Terraced8
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (28), and Owned: Owns with a mortgage or loan (24).

Private rented: Private landlord or letting agency28
Owned: Owns with a mortgage or loan24
Owned: Owns outright22
Social rented: Other social rented11
Social rented: Rents from council or Local Authority7
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP31 1JR have 2 people in household (45), and 1 person in household (26).

2 people in household45
1 person in household26
3 people in household18
4 people in household8
6 people in household1
7 people in household1
0 people in household0
5 people in household0
8 or more people in household0