Housing Market Analysis for OAK GROVE, IP31 1TH

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £272,762 median price is £240,000 Standard Deviation is £145,683 with Total Sold: 6
    • The Last 5 Year average price is £555,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 OAK GROVE: £555,000 (Sold on 13 Jul 2022)
    • The first recorded sale happened at this postcode is 4 OAK GROVE: £96,500 (Sold on 14 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1TH 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
2022£555,000 £3,208 1
2014£335,000 £3,410 1
2010£245,0001
2005£235,000 £1,358 1
2003£170,075 £983 1
1998£96,5001

All the Sales in the OAK GROVE, IP31 1TH

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

AddressSold DatePrice% Change
2 OAK GROVEDetached, FreeholdArea: 173 Sq.mtrAge: 1967-197513 Jul 2022£555,000136.17%
20 Jun 2005£235,00038.17%
11 Jun 2003£170,075First Sale
3 OAK GROVEDetached, FreeholdArea: 98.25 Sq.mtrAge: 1967-197528 Nov 2014£335,000First Sale
1 OAK GROVEDetached, Freehold06 May 2010£245,000First Sale
4 OAK GROVEDetached, Freehold14 Aug 1998£96,500First Sale

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

OAK GROVE, IP31 1TH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £246,759 median price is £216,000 Standard Deviation is £160,585 with Total Sold: 53
    • The Last 5 Year average price is £392,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , 9 BARTON HILL: £253,000 (Sold on 23 Aug 2023)
    • The first recorded sale happened at this postcode is , 25 BARTON HILL: £78,000 (Sold on 08 Sep 1995)
  • Semi-Detached
    • The average price is around £182,608 median price is £177,000 Standard Deviation is £81,088 with Total Sold: 67
    • The Last 5 Year average price is £317,222 with Total Sold: 9
    • The most recent sale happened at this postcode is , 18 KYTSON ROAD: £325,000 (Sold on 15 Dec 2022)
    • The first recorded sale happened at this postcode is , 1 BARTON HILL: £52,500 (Sold on 07 Jul 1995)
  • Terraced
    • The average price is around £176,731 median price is £177,975 Standard Deviation is £69,613 with Total Sold: 16
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 5 GILSTRAP ROAD: £300,000 (Sold on 11 Jul 2022)
    • The first recorded sale happened at this postcode is , 5 GILSTRAP ROAD: £64,000 (Sold on 09 Apr 1998)
  • Other
    • The average price is around £1,125,961 median price is £250,000 Standard Deviation is £1,335,393 with Total Sold: 3
    • The most recent sale happened at this postcode is , CARRS OF BURY ST. EDMUNDS LTD THETFORD ROAD: £3,012,882 (Sold on 05 Feb 2018)
    • The first recorded sale happened at this postcode is , APPLEYARD HOUSE, 30 BARTON HILL: £250,000 (Sold on 28 Jul 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£253,000 £2,530 1
2022£555,000 £3,208 1
2021£310,000 £3,407 1
2020£451,000 £5,499 1
2019£830,0001
2018£366,000 £3,079 5
2017£530,000 £3,020 2
2016£340,000 £3,733 2
2015£211,000 £2,030 2
2014£335,000 £3,410 1
2011£235,000 £2,865 1
2010£225,000 £2,313 4
2009£175,667 £2,269 3
2008£488,000 £2,520 1
2006£291,500 £2,402 3
2005£206,500 £1,866 4
2003£194,644 £983 4
2002£169,488 £1,367 4
2001£119,000 £1,571 2
2000£119,7501
1999£77,000 £951 1
1998£82,2502
1997£57,500 £507 1
1996£74,317 £531 3
1995£82,750 £951 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£328,000 £3,569 5
2021£280,000 £3,208 3
2020£375,000 £4,261 1
2019£282,000 £2,856 1
2017£257,800 £2,885 5
2016£250,500 £2,787 4
2015£225,000 £2,796 2
2014£195,500 £2,341 2
2013£196,000 £2,420 1
2012£182,500 £2,076 2
2011£188,000 £2,163 2
2010£185,000 £1,979 1
2009£168,000 £2,006 3
2008£179,9501
2007£178,000 £1,798 1
2006£186,416 £1,885 6
2005£172,000 £2,021 4
2003£145,317 £1,474 3
2002£116,967 £1,287 3
2001£107,881 £1,302 4
2000£100,875 £1,137 4
1999£74,725 £813 4
1996£51,667 £627 3
1995£49,750 £580 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£300,000 £3,297 1
2018£275,000 £3,022 1
2017£275,000 £2,835 1
2016£222,500 £2,323 1
2015£204,750 £2,200 2
2013£179,125 £2,010 2
2008£187,950 £2,065 1
2005£140,0001
2004£165,250 £1,761 2
2002£107,5001
2001£83,5001
2000£74,000 £851 1
1998£64,000 £703 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£3,012,8821
2017£115,0001
2016£250,0001

House Type in IP31 1TH area

The most common house types in the IP31 1TH postcode area are Semi-detached (77), Detached (48), and Terraced (10).

Total135
Semi-detached77
Detached48
Terraced10
Flat0
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 (83), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright83
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency10
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 1TH have 2 people in household (62), and 1 person in household (32).

2 people in household62
1 person in household32
3 people in household21
4 people in household10
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0