Housing Market Analysis for IP31 2BW

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average IP31 2BW 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 2BW

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

    AddressSold DatePrice% Change

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

    IP31 2BW Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £181,288 median price is £149,000 Standard Deviation is £53,195 with Total Sold: 26
      • The Last 5 Year average price is £241,600 with Total Sold: 5
      • The most recent sale happened at this postcode is , 8 GOLDSMITH WAY: £235,000 (Sold on 20 Dec 2022)
      • The first recorded sale happened at this postcode is , 32 GOLDSMITH WAY: £135,000 (Sold on 27 Jun 2012)
    • Other
      • The average price is around £610,000 median price is £610,000 Standard Deviation is £590,000 with Total Sold: 2
      • The Last 5 Year average price is £610,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , PENNY MEAD UPTHORPE ROAD: £1,200,000 (Sold on 08 Jun 2022)
      • The first recorded sale happened at this postcode is , HALL WORKS GROVE LANE: £20,000 (Sold on 12 Aug 2019)
    • Detached
      • The average price is around £228,250 median price is £222,500 Standard Deviation is £88,339 with Total Sold: 10
      • The most recent sale happened at this postcode is , ELMSIDE UPTHORPE ROAD: £315,000 (Sold on 19 Jan 2012)
      • The first recorded sale happened at this postcode is , PENNY MEAD UPTHORPE ROAD: £145,000 (Sold on 03 Oct 1997)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£237,500 £2,487 2
    2021£260,000 £2,301 2
    2019£213,000 £2,290 1
    2018£251,333 £2,224 3
    2017£263,000 £2,307 1
    2016£215,000 £1,920 1
    2015£180,000 £1,594 3
    2013£133,714 £1,251 7
    2012£132,917 £1,245 6
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£1,200,000 £4,563 1
    2019£20,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2012£315,000 £2,582 1
    2010£80,0001
    2003£303,750 £1,469 2
    2002£210,0001
    2001£230,0001
    2000£242,500 £2,205 1
    1998£226,250 £817 2
    1997£145,000 £551 1

    House Type in IP31 2BW area

    The most common house types in the IP31 2BW 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 2BW 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