Housing Market Analysis for IP31 2EL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    IP31 2EL Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £233,879 median price is £217,000 Standard Deviation is £138,501 with Total Sold: 733
      • The Last 5 Year average price is £391,740 with Total Sold: 103
      • The most recent sale happened at this postcode is , 1 THISTLEDOWN DRIVE: £552,500 (Sold on 24 Sep 2024)
      • The first recorded sale happened at this postcode is , 8 STREET FARM LANE: £72,500 (Sold on 20 Jan 1995)
    • Terraced
      • The average price is around £168,665 median price is £165,500 Standard Deviation is £82,582 with Total Sold: 141
      • The Last 5 Year average price is £248,283 with Total Sold: 23
      • The most recent sale happened at this postcode is , 6 LOWER FARM DRIVE: £300,000 (Sold on 09 Aug 2024)
      • The first recorded sale happened at this postcode is , 1 CHALK TERRACE: £52,250 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £620,357 median price is £425,000 Standard Deviation is £561,828 with Total Sold: 7
      • The Last 5 Year average price is £774,000 with Total Sold: 5
      • The most recent sale happened at this postcode is , THE PRIORY HIGH STREET: £1,800,000 (Sold on 12 Jul 2024)
      • The first recorded sale happened at this postcode is , IXWORTH FISH & CHIPS THETFORD ROAD: £22,500 (Sold on 16 Dec 2015)
    • Semi-Detached
      • The average price is around £188,688 median price is £168,000 Standard Deviation is £110,284 with Total Sold: 172
      • The Last 5 Year average price is £325,712 with Total Sold: 21
      • The most recent sale happened at this postcode is , 6 GARRARD PLACE: £220,000 (Sold on 24 May 2024)
      • The first recorded sale happened at this postcode is , 6 STREET FARM LANE: £54,000 (Sold on 01 Dec 1995)
    • Flat
      • The average price is around £226,167 median price is £236,000 Standard Deviation is £100,759 with Total Sold: 6
      • The Last 5 Year average price is £288,500 with Total Sold: 4
      • The most recent sale happened at this postcode is THE CHAMBERS, ROBERT PEEL HOUSE, 3 HIGH STREET: £360,000 (Sold on 24 Feb 2023)
      • The first recorded sale happened at this postcode is , 2 CROWN MEWS: £67,000 (Sold on 19 Jan 2001)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£419,7506
    2023£385,625 £3,441 12
    2022£440,333 £3,309 24
    2021£389,120 £3,122 27
    2020£372,079 £3,322 19
    2019£337,300 £2,891 15
    2018£409,737 £3,078 19
    2017£389,648 £2,917 20
    2016£311,497 £2,805 15
    2015£305,498 £2,720 32
    2014£276,370 £2,424 23
    2013£260,229 £2,153 24
    2012£248,595 £2,268 21
    2011£247,139 £2,112 9
    2010£253,250 £2,471 18
    2009£239,111 £1,756 18
    2008£319,246 £2,794 14
    2007£283,607 £2,195 39
    2006£273,348 £2,108 37
    2005£207,072 £1,846 25
    2004£207,582 £1,793 39
    2003£195,206 £1,635 24
    2002£170,241 £1,433 37
    2001£142,739 £1,209 32
    2000£127,313 £1,142 30
    1999£102,115 £938 36
    1998£95,050 £749 26
    1997£89,913 £775 38
    1996£77,022 £708 33
    1995£83,581 £770 21
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£261,667 £3,472 3
    2023£277,250 £3,196 4
    2022£247,500 £3,220 6
    2021£243,333 £3,506 3
    2020£224,667 £2,547 3
    2019£231,875 £2,757 4
    2018£238,900 £3,256 10
    2017£255,312 £3,039 8
    2016£179,500 £1,890 3
    2015£234,857 £2,380 7
    2014£216,400 £2,390 5
    2013£159,133 £1,980 6
    2012£157,000 £2,100 3
    2011£170,000 £1,857 2
    2010£181,375 £2,283 4
    2009£127,000 £1,967 1
    2008£175,917 £1,767 6
    2007£185,874 £2,341 4
    2006£143,083 £2,083 6
    2005£147,514 £1,634 10
    2004£133,995 £1,168 4
    2003£114,999 £1,604 6
    2002£136,108 £1,408 6
    2001£85,983 £1,199 3
    2000£66,483 £1,051 3
    1999£66,433 £610 3
    1998£51,900 £559 5
    1997£57,800 £635 5
    1996£45,850 £516 5
    1995£49,083 £791 3
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,800,0001
    2023£425,000 £2,033 1
    2021£310,0001
    2020£285,0001
    2019£1,050,000 £2,605 1
    2017£450,000 £2,261 1
    2015£22,5001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£220,0001
    2023£361,667 £3,684 3
    2022£400,000 £3,358 5
    2021£395,750 £3,169 4
    2020£236,400 £2,734 5
    2019£256,650 £3,313 3
    2018£253,500 £3,342 6
    2017£287,438 £2,764 8
    2016£216,600 £2,746 5
    2015£272,712 £2,122 8
    2014£213,492 £2,643 6
    2013£242,625 £2,112 12
    2012£193,000 £2,052 4
    2011£187,500 £2,223 4
    2010£162,312 £1,916 8
    2009£161,250 £1,532 4
    2008£206,750 £2,473 4
    2007£160,571 £2,187 7
    2006£182,583 £2,035 12
    2005£145,883 £1,510 6
    2004£146,214 £1,604 7
    2003£135,667 £1,616 12
    2002£152,390 £1,629 5
    2001£103,569 £1,116 4
    2000£69,167 £913 3
    1999£99,790 £989 5
    1998£65,324 £1,099 6
    1997£54,414 £722 7
    1996£70,421 £724 7
    1995£54,000 £821 1
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£360,000 £2,500 1
    2022£227,000 £3,027 1
    2021£283,500 £2,480 2
    2005£136,0001
    2001£67,0001

    House Type in IP31 2EL area

    The most common house types in the IP31 2EL postcode area are Detached (116), Semi-detached (33), and Terraced (24).

    Total174
    Detached116
    Semi-detached33
    Terraced24
    Flat1
    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 (122), and Owned: Owns with a mortgage or loan (26).

    Owned: Owns outright122
    Owned: Owns with a mortgage or loan26
    Private rented: Private landlord or letting agency20
    Private rented: Other private rented4
    Social rented: Rents from council or Local Authority1
    Social rented: Other social rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the IP31 2EL have 1 person in household (89), and 2 people in household (49).

    1 person in household89
    2 people in household49
    3 people in household22
    4 people in household12
    5 people in household1
    6 people in household1
    7 people in household1
    0 people in household0
    8 or more people in household0