Housing Market Analysis for FORNHAM HOUSE CLOSE, IP31 1SY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £460,167 median price is £473,000 Standard Deviation is £205,868 with Total Sold: 6
    • The Last 5 Year average price is £702,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 FORNHAM HOUSE CLOSE: £735,000 (Sold on 02 Aug 2023)
    • The first recorded sale happened at this postcode is 2 FORNHAM HOUSE CLOSE: £160,000 (Sold on 10 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1SY 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£702,500 £4,594 2
2014£481,000 £2,780 1
2007£465,000 £3,163 1
2001£250,000 £1,701 1
1996£160,000 £1,000 1

All the Sales in the FORNHAM HOUSE CLOSE, IP31 1SY

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

AddressSold DatePrice% Change
1 FORNHAM HOUSE CLOSEDetached, FreeholdArea: 147 Sq.mtrAge: 1983-199002 Aug 2023£735,00058.06%
01 Jun 2007£465,00086.00%
23 Jul 2001£250,000First Sale
2 FORNHAM HOUSE CLOSEDetached, FreeholdArea: 160 Sq.mtrAge: 1996-200204 Jan 2023£670,000318.75%
10 May 1996£160,000First Sale
3 FORNHAM HOUSE CLOSEDetached, FreeholdArea: 173 Sq.mtrAge: 1983-199022 Dec 2014£481,000First Sale

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

FORNHAM HOUSE CLOSE, IP31 1SY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £289,521 median price is £248,500 Standard Deviation is £185,368 with Total Sold: 257
    • The Last 5 Year average price is £499,290 with Total Sold: 41
    • The most recent sale happened at this postcode is , 38 BIRKDALE COURT: £470,000 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 11 BIRKDALE COURT: £131,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £6,126,028 median price is £6,126,028 Standard Deviation is £5,861,028 with Total Sold: 2
    • The Last 5 Year average price is £6,126,028 with Total Sold: 2
    • 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 , TRISCO THE STREET: £265,000 (Sold on 07 Feb 2023)
  • Semi-Detached
    • The average price is around £127,639 median price is £89,000 Standard Deviation is £102,310 with Total Sold: 43
    • The Last 5 Year average price is £268,438 with Total Sold: 4
    • 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 , 31 OAK CLOSE: £23,750 (Sold on 17 May 1996)
  • Flat
    • The average price is around £92,988 median price is £62,000 Standard Deviation is £69,279 with Total Sold: 44
    • The Last 5 Year average price is £142,917 with Total Sold: 3
    • The most recent sale happened at this postcode is , 32 OAK CLOSE: £71,250 (Sold on 20 Sep 2022)
    • The first recorded sale happened at this postcode is 6, LARK VALLEY COURT LARK VALLEY DRIVE: £44,000 (Sold on 27 Sep 1996)
  • Terraced
    • The average price is around £146,300 median price is £126,000 Standard Deviation is £86,216 with Total Sold: 33
    • 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
2024£485,0002
2023£638,056 £4,679 9
2022£511,484 £3,807 8
2021£428,375 £3,873 8
2020£482,750 £3,605 8
2019£396,250 £3,398 6
2018£391,250 £4,568 8
2017£397,810 £3,304 10
2016£387,500 £3,144 4
2015£345,050 £3,328 5
2014£363,450 £3,012 10
2013£383,659 £2,381 11
2012£348,456 £2,756 8
2011£521,250 £2,153 2
2010£278,750 £2,184 8
2009£300,388 £2,264 9
2008£371,667 £1,941 3
2007£445,899 £2,299 10
2006£284,625 £1,864 8
2005£223,167 £2,588 3
2004£272,601 £2,061 11
2003£237,000 £1,755 5
2002£237,875 £1,674 14
2001£164,876 £1,409 19
2000£159,600 £1,335 9
1999£104,700 £1,311 10
1998£117,171 £922 14
1997£101,945 £837 20
1996£102,944 £810 9
1995£113,000 £820 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£6,126,028 £2,387 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£285,000 £3,016 2
2022£400,000 £3,922 1
2020£103,750 £1,878 1
2014£162,000 £2,255 2
2009£87,400 £1,421 5
2008£146,000 £3,244 1
2007£124,998 £1,442 2
2006£277,000 £2,467 3
2005£157,500 £1,698 6
2004£100,000 £1,099 1
2003£93,750 £996 2
2002£250,000 £969 1
2001£153,2502
2000£46,500 £551 2
1999£89,000 £873 1
1998£25,833 £473 3
1997£40,625 £585 4
1996£53,938 £845 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£71,250 £1,869 1
2020£290,000 £2,824 1
2019£67,500 £1,795 1
2018£125,500 £2,295 4
2016£61,500 £2,365 1
2015£123,250 £1,966 4
2013£130,833 £1,615 3
2012£156,250 £1,812 2
2011£52,500 £1,284 1
2010£75,500 £1,659 3
2009£80,000 £1,523 1
2008£125,000 £1,562 1
2007£52,500 £1,458 1
2006£75,833 £1,666 3
2005£117,500 £1,963 2
2004£136,000 £1,889 1
2003£63,167 £1,496 3
2001£64,000 £1,034 2
2000£67,000 £842 3
1999£45,248 £678 3
1998£34,000 £1,009 2
1996£44,000 £710 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£205,000 £3,955 1
2018£304,000 £3,553 2
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
2010£120,500 £2,678 1
2009£121,000 £2,297 2
2006£100,000 £2,222 1
2005£161,500 £2,470 1
2004£181,238 £1,714 4
2003£73,750 £1,620 2
2002£75,000 £1,667 1
2001£135,0001
2000£73,500 £1,418 1
1999£81,417 £767 3
1998£70,500 £577 2
1996£61,688 £790 4

House Type in IP31 1SY area

The most common house types in the IP31 1SY 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 1SY 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