Housing Market Analysis for THE DRIFT, IP31 1SU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £514,166 median price is £544,998 Standard Deviation is £210,346 with Total Sold: 6
    • The Last 5 Year average price is £697,500 with Total Sold: 2
    • The most recent sale happened at this postcode is PENLEE THE DRIFT: £650,000 (Sold on 24 Nov 2021)
    • The first recorded sale happened at this postcode is PENLEE THE DRIFT: £130,000 (Sold on 20 Jan 1998)
  • Terraced
    • The average price is around £171,250 median price is £171,250 Standard Deviation is £51,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 3, RECTORY COTTAGE THE DRIFT: £222,500 (Sold on 24 Aug 2016)
    • The first recorded sale happened at this postcode is 3, RECTORY COTTAGE THE DRIFT: £120,000 (Sold on 22 Dec 2004)
  • Semi-Detached
    • The average price is around £291,667 median price is £290,000 Standard Deviation is £55,126 with Total Sold: 3
    • The most recent sale happened at this postcode is 1-2, RECTORY COTTAGE THE DRIFT: £360,000 (Sold on 31 Aug 2006)
    • The first recorded sale happened at this postcode is 1-2, RECTORY COTTAGE THE DRIFT: £225,000 (Sold on 21 Dec 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1SU 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£650,000 £2,988 1
2020£745,0001
2012£425,000 £1,953 1
2009£439,995 £1,915 1
2007£695,0001
1998£130,000 £598 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£222,5001
2004£120,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£360,0001
2005£290,0001
2001£225,0001

All the Sales in the THE DRIFT, IP31 1SU

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

AddressSold DatePrice% Change
PENLEE THE DRIFTDetached, FreeholdArea: 217.56 Sq.mtrAge: 1950-196624 Nov 2021£650,00052.94%
30 Jul 2012£425,000226.92%
20 Jan 1998£130,000First Sale
LITTLE PARK THE DRIFTDetached, Freehold06 Aug 2020£745,0007.19%
17 Oct 2007£695,000First Sale
3, RECTORY COTTAGE THE DRIFTTerraced, Freehold24 Aug 2016£222,50085.42%
22 Dec 2004£120,000First Sale
FLORICAN HOUSE THE DRIFTDetached, FreeholdArea: 229.8 Sq.mtrAge: 1967-197511 Sep 2009£439,995First Sale
1-2, RECTORY COTTAGE THE DRIFTSemi-Detached, Freehold31 Aug 2006£360,00060.00%
21 Dec 2001£225,000First Sale
4, RECTORY COTTAGE THE DRIFTSemi-Detached, Freehold01 Jul 2005£290,000First Sale

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

THE DRIFT, IP31 1SU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £345,564 median price is £305,000 Standard Deviation is £224,749 with Total Sold: 116
    • The Last 5 Year average price is £581,881 with Total Sold: 22
    • The most recent sale happened at this postcode is , THE OLD COACH HOUSE : £1,450,000 (Sold on 12 Sep 2023)
    • The first recorded sale happened at this postcode is , EDONVILLE OLD HALL LANE: £59,000 (Sold on 14 Jul 1995)
  • Other
    • The average price is around £4,179,019 median price is £285,000 Standard Deviation is £5,521,122 with Total Sold: 3
    • The Last 5 Year average price is £4,179,019 with Total Sold: 3
    • The most recent sale happened at this postcode is , FORNHAM HOUSE : £11,987,056 (Sold on 29 Mar 2023)
    • The first recorded sale happened at this postcode is , HOLM OAK HOUSE THE STREET: £285,000 (Sold on 20 Aug 2020)
  • Semi-Detached
    • The average price is around £197,769 median price is £200,000 Standard Deviation is £102,489 with Total Sold: 13
    • The Last 5 Year average price is £395,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , GATE COTTAGE THE STREET: £395,000 (Sold on 03 Feb 2023)
    • The first recorded sale happened at this postcode is , GATE COTTAGE THE STREET: £98,000 (Sold on 15 Nov 1996)
  • Terraced
    • The average price is around £153,915 median price is £161,500 Standard Deviation is £74,054 with Total Sold: 25
    • The Last 5 Year average price is £205,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3, SCHOOL COTTAGES SCHOOL LANE: £205,000 (Sold on 18 Feb 2021)
    • The first recorded sale happened at this postcode is , ST NICHOLAS COTTAGE THE STREET: £67,000 (Sold on 13 May 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£767,083 £4,369 6
2022£506,696 £3,864 7
2021£526,750 £3,552 4
2020£561,667 £4,168 3
2019£430,000 £3,359 2
2018£502,500 £5,566 2
2017£404,017 £3,284 6
2016£487,500 £3,146 2
2015£392,500 £2,707 1
2014£441,667 £2,653 6
2013£424,625 £2,259 6
2012£371,925 £2,330 4
2011£830,0001
2010£235,000 £2,333 3
2009£597,498 £1,915 2
2008£295,000 £1,667 2
2007£462,856 £2,544 7
2006£322,500 £2,080 4
2005£215,000 £1,734 1
2004£255,516 £2,025 7
2003£255,000 £1,636 3
2002£328,8752
2001£173,750 £1,346 9
2000£156,738 £1,264 4
1999£98,0005
1998£137,000 £787 4
1997£97,214 £639 7
1996£102,625 £778 4
1995£103,0002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£6,126,028 £2,387 2
2020£285,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£395,000 £3,405 1
2014£200,0001
2008£146,000 £3,244 1
2006£292,500 £3,358 2
2005£204,000 £2,622 2
2003£132,5001
2002£250,000 £969 1
2001£153,2502
1997£50,000 £1,111 1
1996£98,000 £845 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£205,000 £3,955 1
2018£208,000 £4,622 1
2016£222,5001
2015£172,500 £3,833 1
2014£285,435 £1,903 1
2013£265,000 £2,487 2
2012£172,500 £2,638 1
2011£220,000 £3,607 1
2009£175,000 £3,376 1
2005£161,500 £2,470 1
2004£188,317 £2,074 3
2003£105,000 £1,606 1
2001£135,0001
2000£73,500 £1,418 1
1999£81,417 £767 3
1998£126,0001
1996£61,688 £790 4

House Type in IP31 1SU area

The most common house types in the IP31 1SU postcode area are Detached (99), Semi-detached (22), and Terraced (12).

Total134
Detached99
Semi-detached22
Terraced12
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright93
Owned: Owns with a mortgage or loan31
Private rented: Private landlord or letting agency7
Social rented: Other social rented2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 1SU have 2 people in household (58), and 1 person in household (36).

2 people in household58
1 person in household36
3 people in household24
4 people in household9
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0