Housing Market Analysis for BURY LANE, IP31 2DE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £350,000 median price is £350,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SHEPHERDS HALL BURY LANE: £350,000 (Sold on 24 Sep 2021)
    • The first recorded sale happened at this postcode is SHEPHERDS HALL BURY LANE: £350,000 (Sold on 24 Sep 2021)
  • Detached
    • The average price is around £68,000 median price is £68,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is NEW BUNGALOW BURY LANE: £68,000 (Sold on 05 Sep 1997)
    • The first recorded sale happened at this postcode is NEW BUNGALOW BURY LANE: £68,000 (Sold on 05 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2DE 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£350,000 £2,083 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£68,000 £496 1

All the Sales in the BURY LANE, IP31 2DE

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

AddressSold DatePrice% Change
SHEPHERDS HALL BURY LANETerraced, FreeholdArea: 168 Sq.mtrAge: before 190024 Sep 2021£350,000First Sale
NEW BUNGALOW BURY LANEDetached, FreeholdArea: 137 Sq.mtrAge: 1950-196605 Sep 1997£68,000First Sale

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

BURY LANE, IP31 2DE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £149,128 median price is £144,975 Standard Deviation is £75,087 with Total Sold: 330
    • The Last 5 Year average price is £241,991 with Total Sold: 57
    • 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 £208,173 median price is £190,000 Standard Deviation is £128,396 with Total Sold: 384
    • The Last 5 Year average price is £343,484 with Total Sold: 62
    • 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 £129,089 median price is £125,000 Standard Deviation is £68,775 with Total Sold: 188
    • The Last 5 Year average price is £210,210 with Total Sold: 31
    • 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 £297,750 median price is £248,000 Standard Deviation is £132,873 with Total Sold: 4
    • 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 , ROSE & CROWN BURY ROAD: £296,000 (Sold on 03 Sep 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,357 £2,967 7
2023£264,000 £3,402 5
2022£245,538 £3,201 13
2021£237,946 £2,912 14
2020£233,400 £2,727 10
2019£232,969 £2,482 8
2018£191,125 £2,863 4
2017£216,600 £3,262 5
2016£207,077 £2,652 26
2015£219,655 £2,620 16
2014£168,711 £2,323 21
2013£162,977 £1,994 11
2012£123,938 £2,134 8
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£152,384 £2,508 13
2005£151,750 £2,141 10
2004£116,991 £2,091 11
2003£117,972 £1,783 16
2002£102,031 £1,287 16
2001£70,271 £1,079 7
2000£75,722 £845 18
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£391,000 £3,513 5
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£287,021 £2,633 24
2015£264,898 £2,427 20
2014£256,024 £2,396 20
2013£167,643 £2,365 7
2012£251,131 £2,068 11
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£263,824 £2,411 10
2006£191,077 £2,179 13
2005£188,704 £2,051 12
2004£214,769 £1,816 18
2003£116,391 £1,592 16
2002£178,246 £1,902 13
2001£120,928 £1,202 14
2000£168,167 £1,256 12
1999£80,227 £869 11
1998£83,932 £808 20
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£187,167 £3,428 6
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£188,314 £2,381 9
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£141,116 £2,336 15
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
2014£296,0001

House Type in IP31 2DE area

The most common house types in the IP31 2DE postcode area are Detached (71), Terraced (39), and Semi-detached (25).

Total144
Detached71
Terraced39
Semi-detached25
Flat8
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (84), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright84
Owned: Owns with a mortgage or loan28
Social rented: Other social rented13
Private rented: Private landlord or letting agency7
Private rented: Other private rented5
Shared ownership: Shared ownership3
Social rented: Rents from council or Local Authority2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2DE have 1 person in household (58), and 2 people in household (45).

1 person in household58
2 people in household45
3 people in household20
4 people in household15
5 people in household6
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0