Housing Market Analysis for IP31 2BF

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average IP31 2BF 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.

    All the Sales in the IP31 2BF

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

    AddressSold DatePrice% Change

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

    IP31 2BF Near By properties

    Interactive Map

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

    • Other
      • The average price is around £330,956 median price is £390,000 Standard Deviation is £263,026 with Total Sold: 9
      • The Last 5 Year average price is £280,514 with Total Sold: 7
      • The most recent sale happened at this postcode is , M G F INDUSTRIAL TECHNIQUES SHEPHERDS GROVE INDUSTRIAL ESTATE: £750,000 (Sold on 17 Oct 2023)
      • The first recorded sale happened at this postcode is UNIT 5, O'BRIEN GROVE INDUSTRIAL ESTATE GROVE LANE: £390,000 (Sold on 12 Dec 2016)

    Sold Price Trend Over the Years:

    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£750,0001
    2021£420,0001
    2020£99,0002
    2019£198,5333
    2017£625,0001
    2016£390,0001

    House Type in IP31 2BF area

    The most common house types in the IP31 2BF postcode area are temporary structure (145), Detached (55), and Semi-detached (8).

    Total215
    temporary structure145
    Detached55
    Semi-detached8
    Flat3
    converted building2
    Shared house1
    commercial building1
    Terraced0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (201), and Private rented: Private landlord or letting agency (5).

    Owned: Owns outright201
    Private rented: Private landlord or letting agency5
    Owned: Owns with a mortgage or loan4
    Private rented: Other private rented2
    Shared ownership: Shared ownership1
    Social rented: Rents from council or Local Authority1
    Social rented: Other social rented1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the IP31 2BF have 1 person in household (105), and 2 people in household (105).

    1 person in household105
    2 people in household105
    3 people in household5
    0 people in household0
    4 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0