Housing Market Analysis for GARRARD PLACE, IP31 2EP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £154,227 median price is £152,000 Standard Deviation is £49,928 with Total Sold: 13
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • 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 11 GARRARD PLACE: £58,000 (Sold on 27 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2EP 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
2024£220,0001
2017£220,000 £3,385 1
2016£195,000 £3,611 1
2015£220,000 £2,366 1
2011£125,000 £1,984 1
2010£160,000 £2,540 1
2008£152,000 £2,141 1
2006£151,250 £2,754 2
2005£142,500 £2,262 1
2003£140,0001
1999£69,950 £1,204 1
1997£58,000 £1,074 1

All the Sales in the GARRARD PLACE, IP31 2EP

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

AddressSold DatePrice% Change
6 GARRARD PLACESemi-Detached, Freehold24 May 2024£220,000First Sale
3 GARRARD PLACESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1967-197510 Apr 2017£220,000First Sale
11 GARRARD PLACESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1967-197513 May 2016£195,000236.21%
27 Jun 1997£58,000First Sale
12 GARRARD PLACESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196617 Feb 2015£220,000First Sale
10 GARRARD PLACESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1967-197504 Nov 2011£125,000-21.88%
01 Nov 2010£160,00012.28%
21 Mar 2005£142,500First Sale
5 GARRARD PLACESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1976-198206 Aug 2008£152,000First Sale
2 GARRARD PLACESemi-Detached, Freehold08 Sep 2006£142,5001.79%
19 Sep 2003£140,000First Sale
7 GARRARD PLACESemi-Detached, FreeholdArea: 58.09 Sq.mtrAge: 1967-197513 Jul 2006£160,000128.73%
23 Jul 1999£69,950First Sale

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

GARRARD PLACE, IP31 2EP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £233,779 median price is £217,000 Standard Deviation is £138,161 with Total Sold: 741
    • 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 £164,983 median price is £163,750 Standard Deviation is £82,035 with Total Sold: 152
    • 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 £715,278 median price is £450,000 Standard Deviation is £543,515 with Total Sold: 9
    • The Last 5 Year average price is £867,500 with Total Sold: 6
    • 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 £148,714 median price is £119,500 Standard Deviation is £95,319 with Total Sold: 15
    • The Last 5 Year average price is £260,800 with Total Sold: 5
    • 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 , 22 THETFORD ROAD: £32,500 (Sold on 05 Feb 1999)

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£247,370 £2,214 23
2011£254,675 £2,150 10
2010£253,250 £2,471 18
2009£239,111 £1,756 18
2008£319,246 £2,794 14
2007£285,892 £2,195 40
2006£273,348 £2,108 37
2005£207,072 £1,846 25
2004£209,367 £1,793 40
2003£194,598 £1,635 25
2002£170,241 £1,433 37
2001£142,739 £1,209 32
2000£124,916 £1,142 31
1999£102,115 £938 36
1998£95,919 £749 27
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£232,000 £3,129 12
2017£255,312 £3,039 8
2016£177,875 £1,999 4
2015£234,857 £2,380 7
2014£216,400 £2,390 5
2013£159,133 £1,980 6
2012£153,500 £2,056 4
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£177,699 £2,263 5
2006£143,083 £2,083 6
2005£147,514 £1,634 10
2004£133,995 £1,168 4
2003£114,874 £1,623 8
2002£136,108 £1,408 6
2001£85,983 £1,199 3
2000£66,100 £1,059 4
1999£62,210 £731 5
1998£51,900 £559 5
1997£57,800 £635 5
1996£45,850 £516 5
1995£45,312 £672 4
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£1,192,500 £12,428 2
2017£605,000 £2,261 2
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
2019£150,000 £2,465 1
2015£140,000 £2,301 1
2013£108,500 £1,669 1
2012£114,000 £1,874 1
2007£119,500 £1,964 1
2005£136,0001
2004£107,500 £1,767 1
2002£50,852 £822 2
2001£67,0001
1999£32,500 £439 1

House Type in IP31 2EP area

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