Housing Market Analysis for NEWLANDS CLOSE, IP31 2EQ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £42,500 median price is £39,000 Standard Deviation is £13,646 with Total Sold: 7
    • The most recent sale happened at this postcode is 6 NEWLANDS CLOSE: £56,500 (Sold on 02 Mar 2012)
    • The first recorded sale happened at this postcode is 4 NEWLANDS CLOSE: £22,000 (Sold on 27 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2EQ 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
2012£56,500 £941 1
2007£60,000 £999 1
2003£55,000 £1,809 1
2001£39,000 £1,282 1
1999£32,500 £785 2
1997£22,000 £361 1

All the Sales in the NEWLANDS CLOSE, IP31 2EQ

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

AddressSold DatePrice% Change
6 NEWLANDS CLOSESemi-Detached, LeaseholdArea: 60.05 Sq.mtrAge: 1991-199502 Mar 2012£56,500-5.83%
15 Jun 2007£60,00071.43%
10 Dec 1999£35,000First Sale
5 NEWLANDS CLOSESemi-Detached, LeaseholdArea: 30.41 Sq.mtrAge: 1991-199522 Dec 2003£55,00041.03%
01 Jun 2001£39,00030.00%
23 Jul 1999£30,000First Sale
4 NEWLANDS CLOSESemi-Detached, LeaseholdArea: 61 Sq.mtrAge: 1991-199527 Jun 1997£22,000First Sale

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

NEWLANDS CLOSE, IP31 2EQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £144,727 median price is £144,000 Standard Deviation is £74,087 with Total Sold: 197
    • The Last 5 Year average price is £247,198 with Total Sold: 29
    • The most recent sale happened at this postcode is , 50 FORDHAMS CLOSE: £235,000 (Sold on 31 May 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 £226,644 median price is £190,000 Standard Deviation is £148,191 with Total Sold: 181
    • The Last 5 Year average price is £351,273 with Total Sold: 33
    • The most recent sale happened at this postcode is , 22 HONEYMEADE CLOSE: £347,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , 7 FORDHAMS CLOSE: £69,000 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £77,613 median price is £71,250 Standard Deviation is £20,070 with Total Sold: 38
    • The Last 5 Year average price is £90,167 with Total Sold: 6
    • 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)
  • Terraced
    • The average price is around £122,932 median price is £125,000 Standard Deviation is £66,963 with Total Sold: 100
    • The Last 5 Year average price is £226,385 with Total Sold: 13
    • The most recent sale happened at this postcode is , 3 BURY LANE: £280,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is , 2 STURGEON WAY: £35,785 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £372,500 median price is £357,500 Standard Deviation is £184,814 with Total Sold: 4
    • The Last 5 Year average price is £397,500 with Total Sold: 2
    • 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 , DOCTORS HALL BURY LANE: £515,000 (Sold on 10 Jul 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,3333
2023£288,333 £2,725 3
2022£249,000 £2,835 6
2021£259,107 £2,704 7
2020£228,083 £2,638 6
2019£231,125 £2,351 4
2018£192,250 £2,827 2
2017£224,500 £3,302 4
2016£186,571 £2,955 7
2015£218,832 £2,732 6
2014£168,781 £2,356 14
2013£166,083 £1,894 9
2012£127,333 £2,028 6
2011£94,500 £1,454 1
2010£143,857 £1,972 7
2009£161,590 £2,566 5
2008£165,500 £1,949 3
2007£164,210 £2,213 9
2006£170,333 £2,650 6
2005£159,125 £2,062 8
2004£125,992 £2,014 6
2003£119,427 £1,732 13
2002£111,405 £1,151 10
2001£66,590 £1,030 5
2000£72,958 £802 12
1999£50,740 £811 10
1998£72,244 £825 10
1997£50,999 £620 7
1996£52,783 £671 6
1995£53,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£347,000 £2,844 1
2023£275,000 £3,481 1
2022£396,889 £3,395 9
2021£327,056 £3,032 9
2020£328,000 £3,087 3
2019£347,050 £3,180 10
2018£302,750 £2,603 6
2017£370,000 £2,456 2
2016£334,625 £2,887 8
2015£378,750 £1,956 2
2014£316,571 £2,323 7
2013£175,000 £1,833 3
2012£276,562 £2,188 8
2011£377,500 £1,611 3
2010£187,500 £1,843 2
2009£195,125 £2,417 4
2008£280,750 £2,402 4
2007£279,583 £2,583 6
2006£158,7502
2005£191,690 £1,636 5
2004£236,404 £1,623 12
2003£167,661 £1,453 9
2002£189,938 £1,340 8
2001£130,437 £1,036 8
2000£190,688 £1,433 8
1999£90,500 £721 5
1998£107,722 £734 9
1997£97,636 £756 11
1996£83,750 £568 8
1995£65,156 £691 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£90,000 £3,103 1
2022£93,375 £2,916 4
2019£77,500 £2,422 1
2017£89,500 £2,481 3
2016£98,083 £2,286 6
2015£70,000 £2,360 4
2014£68,378 £2,009 14
2013£72,500 £1,925 2
2004£85,0001
2001£50,5001
1999£33,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£215,500 £2,835 2
2022£227,500 £3,555 1
2021£246,100 £2,748 5
2020£152,000 £2,923 1
2019£225,500 £3,002 4
2018£176,000 £2,858 2
2017£197,500 £2,460 2
2016£188,250 £2,329 4
2015£167,000 £2,114 1
2014£135,000 £2,276 3
2012£112,500 £1,870 3
2011£122,317 £1,951 3
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£144,499 £2,074 7
2005£148,583 £1,635 6
2004£127,000 £2,012 2
2003£132,475 £1,750 2
2002£102,082 £1,216 6
2001£65,917 £987 6
2000£58,825 £995 6
1999£63,066 £713 6
1998£62,125 £996 4
1997£45,583 £573 6
1996£55,500 £666 5
1995£36,892 £823 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£200,000 £2,899 1
2020£595,000 £2,975 1
2017£347,500 £2,150 2

House Type in IP31 2EQ area

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