Housing Market Analysis for HERVEY WALK, IP31 2BE

Are you looking to understand IP31 2BE 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 2BE area, explore the IP31 2BE Area information page.
For comprehensive crime statistics in the IP31 2BE area, explore the IP31 2BE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP31 2BE postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £205,498 median price is £205,498 Standard Deviation is £502 with Total Sold: 2
    • The Last 5 Year average price is £206,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 HERVEY WALK: £206,000 (Sold on 12 Aug 2019)
    • The first recorded sale happened at this postcode is 4 HERVEY WALK: £204,995 (Sold on 24 Aug 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2BE 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
2019£206,000 £2,424 1
2015£204,995 £2,412 1

All the Sales in the HERVEY WALK, IP31 2BE

See the table below for more details on the sold house prices in the IP31 2BE, West Suffolk postcode.

AddressSold DatePrice% Change
4 HERVEY WALKSemi-Detached, FreeholdArea: 85 Sq.mtr12 Aug 2019£206,0000.49%
24 Aug 2015£204,995First Sale

Check out the sold house prices near the IP31 2BE postcode. Properties currently for saleProperties currently for rent

HERVEY WALK, IP31 2BE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 2BE 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 2BE postcode.

  • Semi-Detached
    • The average price is around £151,417 median price is £145,000 Standard Deviation is £73,625 with Total Sold: 350
    • The Last 5 Year average price is £241,652 with Total Sold: 61
    • The most recent sale happened at this postcode is , 15 AVEY WALK: £262,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , MILL HOUSE OLD BURY ROAD: £60,000 (Sold on 03 Apr 1995)
  • Detached
    • The average price is around £207,549 median price is £190,000 Standard Deviation is £126,436 with Total Sold: 376
    • The Last 5 Year average price is £337,066 with Total Sold: 61
    • The most recent sale happened at this postcode is , 12 GILBERT ROAD: £370,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 7 FORDHAMS CLOSE: £69,000 (Sold on 11 Jan 1995)
  • Terraced
    • The average price is around £128,421 median price is £125,000 Standard Deviation is £69,090 with Total Sold: 185
    • The Last 5 Year average price is £211,050 with Total Sold: 30
    • The most recent sale happened at this postcode is , 9 GILBERT ROAD: £245,000 (Sold on 28 Nov 2023)
    • The first recorded sale happened at this postcode is , 2 STURGEON WAY: £35,785 (Sold on 30 Jun 1995)
  • Flat
    • The average price is around £87,939 median price is £80,000 Standard Deviation is £31,926 with Total Sold: 45
    • The Last 5 Year average price is £99,286 with Total Sold: 7
    • The most recent sale happened at this postcode is , 3 FIELD COURT: £90,000 (Sold on 15 Jun 2023)
    • The first recorded sale happened at this postcode is , 40 THE STREET: £33,500 (Sold on 02 Jul 1999)
  • Other
    • The average price is around £298,333 median price is £200,000 Standard Deviation is £153,424 with Total Sold: 3
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MOUNT PLEASANT BURY LANE: £200,000 (Sold on 12 Jan 2023)
    • The first recorded sale happened at this postcode is , DOCTORS HALL BURY LANE: £515,000 (Sold on 10 Jul 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,312 £2,967 8
2023£264,000 £3,402 5
2022£245,538 £3,201 13
2021£237,719 £2,812 16
2020£232,636 £2,691 11
2019£232,969 £2,482 8
2018£201,400 £2,732 5
2017£218,000 £3,122 6
2016£207,704 £2,628 27
2015£213,920 £2,498 19
2014£168,975 £2,246 23
2013£162,977 £1,994 11
2012£129,574 £1,595 20
2011£94,500 £1,454 1
2010£141,333 £2,108 9
2009£145,895 £2,465 10
2008£161,600 £2,087 5
2007£161,789 £2,289 10
2006£152,166 £2,538 12
2005£151,750 £2,141 10
2004£124,190 £2,091 10
2003£117,972 £1,783 16
2002£102,031 £1,287 16
2001£70,271 £1,079 7
2000£75,906 £824 16
1999£52,386 £772 14
1998£69,037 £864 12
1997£42,746 £611 15
1996£49,790 £742 11
1995£45,812 £851 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£358,500 £2,844 2
2023£305,000 £3,513 4
2022£375,125 £3,472 20
2021£320,250 £3,140 14
2020£307,875 £3,052 4
2019£318,029 £3,113 17
2018£284,381 £2,755 13
2017£306,786 £2,748 7
2016£283,340 £2,595 25
2015£264,898 £2,427 20
2014£249,524 £2,405 20
2013£167,643 £2,365 7
2012£263,750 £2,206 10
2011£266,214 £2,053 7
2010£184,286 £2,242 7
2009£173,717 £2,243 8
2008£256,143 £2,346 7
2007£271,611 £2,411 9
2006£188,000 £2,354 11
2005£188,704 £2,051 12
2004£214,769 £1,816 18
2003£118,195 £1,692 15
2002£178,246 £1,902 13
2001£120,928 £1,202 14
2000£169,818 £1,367 11
1999£80,227 £869 11
1998£79,036 £830 18
1997£77,875 £680 22
1996£66,421 £673 14
1995£54,479 £681 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£224,083 £3,517 6
2022£187,600 £3,592 5
2021£239,429 £2,630 7
2020£171,200 £2,893 5
2019£216,714 £2,999 7
2018£199,250 £2,874 4
2017£186,000 £2,577 3
2016£189,228 £2,350 8
2015£206,598 £2,547 10
2014£161,438 £2,465 9
2013£118,750 £2,681 2
2012£117,500 £1,993 5
2011£108,136 £2,082 7
2010£126,500 £2,124 2
2009£125,000 £2,154 1
2008£132,000 £2,050 1
2007£147,028 £1,833 7
2006£140,839 £2,359 14
2005£141,929 £1,847 7
2004£119,667 £2,012 3
2003£117,707 £1,762 7
2002£87,268 £1,245 11
2001£62,688 £987 8
2000£55,883 £1,022 9
1999£59,731 £842 8
1998£55,075 £915 6
1997£41,608 £725 13
1996£52,000 £666 6
1995£35,909 £823 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£122,000 £2,668 2
2022£93,375 £2,916 4
2019£77,500 £2,422 1
2018£170,000 £2,464 1
2017£89,500 £2,481 3
2016£114,062 £2,301 8
2015£91,426 £2,094 7
2014£68,378 £2,009 14
2013£72,500 £1,925 2
2004£85,0001
2001£50,5001
1999£33,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£200,000 £2,899 1
2017£347,500 £2,150 2

House Type in IP31 2BE area

The most common house types in the IP31 2BE postcode area are Semi-detached (100), Detached (84), and Terraced (17).

Total209
Semi-detached100
Detached84
Terraced17
Flat8
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 with a mortgage or loan (68), and Owned: Owns outright (44).

Owned: Owns with a mortgage or loan68
Owned: Owns outright44
Private rented: Other private rented44
Private rented: Private landlord or letting agency25
Social rented: Other social rented19
Shared ownership: Shared ownership5
Social rented: Rents from council or Local Authority3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2BE have 2 people in household (62), and 1 person in household (47).

2 people in household62
1 person in household47
4 people in household44
3 people in household40
5 people in household13
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0