Housing Market Analysis for THE TIMBERS, IP31 1RQ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £242,500 median price is £242,500 Standard Deviation is £7,500 with Total Sold: 2
    • The Last 5 Year average price is £242,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 THE TIMBERS: £250,000 (Sold on 28 Jan 2021)
    • The first recorded sale happened at this postcode is 2 THE TIMBERS: £235,000 (Sold on 11 Jan 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1RQ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£242,500 £3,392 2

All the Sales in the THE TIMBERS, IP31 1RQ

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

AddressSold DatePrice% Change
1 THE TIMBERSSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1900-192928 Jan 2021£250,000First Sale
2 THE TIMBERSSemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1900-192911 Jan 2021£235,000First Sale

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

THE TIMBERS, IP31 1RQ Near By properties

Interactive Map

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

  • Other
    • The average price is around £510,000 median price is £510,000 Standard Deviation is £85,000 with Total Sold: 2
    • The Last 5 Year average price is £510,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , ASH TREE HOUSE MILL ROAD: £595,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is , MALTINGS YARD MALTING ROW: £425,000 (Sold on 28 Feb 2022)
  • Semi-Detached
    • The average price is around £212,193 median price is £167,000 Standard Deviation is £141,469 with Total Sold: 56
    • The Last 5 Year average price is £288,678 with Total Sold: 10
    • The most recent sale happened at this postcode is , 8 BLOOMFIELD CLOSE: £255,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is , 14 WILLOW GREEN: £32,500 (Sold on 06 Jun 1996)
  • Terraced
    • The average price is around £152,461 median price is £142,500 Standard Deviation is £83,030 with Total Sold: 27
    • The Last 5 Year average price is £285,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 3 MALTING ROW: £225,000 (Sold on 20 Jan 2023)
    • The first recorded sale happened at this postcode is , 3 MALTING ROW: £40,000 (Sold on 30 Mar 1995)
  • Detached
    • The average price is around £297,286 median price is £287,500 Standard Deviation is £160,888 with Total Sold: 73
    • The Last 5 Year average price is £451,659 with Total Sold: 11
    • The most recent sale happened at this postcode is , NEW HAVEN TROSTON ROAD: £485,000 (Sold on 01 Sep 2022)
    • The first recorded sale happened at this postcode is , THE WALNUTS MALTING ROW: £129,000 (Sold on 10 Apr 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£595,0001
2022£425,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£267,500 £3,590 2
2022£281,425 £3,890 3
2021£317,500 £3,206 3
2020£277,500 £2,743 2
2017£315,000 £3,058 1
2016£445,625 £2,194 2
2015£212,500 £2,158 2
2014£293,890 £2,362 5
2013£390,0001
2012£350,000 £3,229 2
2011£297,500 £1,725 2
2010£211,067 £1,784 3
2008£156,500 £2,423 3
2007£365,000 £1,091 2
2006£168,167 £1,923 3
2005£153,000 £2,068 1
2004£121,150 £519 3
2003£160,3333
2001£77,800 £1,019 4
2000£95,833 £1,013 3
1999£30,000 £219 1
1998£58,167 £775 3
1997£40,0001
1996£32,500 £387 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,000 £4,245 1
2022£425,000 £2,796 1
2021£240,000 £2,927 1
2019£250,000 £2,541 1
2018£245,0001
2017£195,333 £1,950 3
2016£172,000 £1,748 1
2011£172,000 £2,024 1
2010£150,000 £2,025 1
2009£109,250 £828 2
2007£160,000 £2,925 2
2006£125,000 £1,263 1
2004£139,0001
2003£150,125 £2,237 2
2002£125,250 £1,474 1
2001£73,250 £1,368 2
2000£73,500 £912 2
1998£46,950 £573 1
1995£41,500 £630 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£485,000 £4,181 1
2021£447,500 £2,889 5
2020£471,917 £2,446 3
2019£415,000 £2,703 2
2018£461,250 £2,900 4
2017£485,833 £2,857 3
2016£405,700 £2,852 5
2015£358,750 £2,269 3
2014£396,667 £2,975 3
2013£266,438 £1,873 4
2012£280,333 £2,328 3
2010£235,000 £2,143 2
2009£220,000 £2,200 1
2008£302,5002
2007£381,667 £2,857 3
2006£240,000 £1,616 2
2005£233,749 £1,657 4
2004£242,0002
2003£274,167 £2,426 3
2002£239,000 £1,784 2
2001£131,828 £1,123 2
2000£111,500 £932 6
1999£74,250 £513 2
1998£105,000 £1,335 1
1997£67,000 £736 1
1996£74,000 £557 2
1995£94,498 £806 2

House Type in IP31 1RQ area

The most common house types in the IP31 1RQ postcode area are Semi-detached (76), Detached (48), and Terraced (16).

Total141
Semi-detached76
Detached48
Terraced16
Flat1
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 (48), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright48
Owned: Owns with a mortgage or loan45
Social rented: Other social rented22
Private rented: Private landlord or letting agency17
Social rented: Rents from council or Local Authority7
Private rented: Other private rented6
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP31 1RQ have 2 people in household (63), and 1 person in household (30).

2 people in household63
1 person in household30
3 people in household21
4 people in household17
5 people in household7
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0