Housing Market Analysis for IP31 2FG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    IP31 2FG Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £280,642 median price is £245,000 Standard Deviation is £222,434 with Total Sold: 6
      • The Last 5 Year average price is £750,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , MONTROSE FARM BURY ROAD: £750,000 (Sold on 24 Aug 2022)
      • The first recorded sale happened at this postcode is , 2 GROVE CLOSE: £39,950 (Sold on 10 Jul 1998)
    • Terraced
      • The average price is around £203,833 median price is £200,000 Standard Deviation is £7,261 with Total Sold: 3
      • The Last 5 Year average price is £203,833 with Total Sold: 3
      • The most recent sale happened at this postcode is , BOBBY COTTAGE BURY ROAD: £214,000 (Sold on 17 Sep 2021)
      • The first recorded sale happened at this postcode is , BOBBY COTTAGE BURY ROAD: £197,500 (Sold on 12 Feb 2019)
    • Other
      • The average price is around £12,425,000 median price is £12,425,000 Standard Deviation is £3,175,000 with Total Sold: 2
      • The Last 5 Year average price is £12,425,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , DHL SUPPLY CHAIN SHEPHERDS GROVE INDUSTRIAL ESTATE EAST: £15,600,000 (Sold on 16 Dec 2020)
      • The first recorded sale happened at this postcode is , DHL SUPPLY CHAIN SHEPHERDS GROVE INDUSTRIAL ESTATE EAST: £9,250,000 (Sold on 16 Dec 2020)
    • Semi-Detached
      • The average price is around £175,000 median price is £175,000 Standard Deviation is £0 with Total Sold: 1
      • The most recent sale happened at this postcode is , BETHANY COTTAGE BURY ROAD: £175,000 (Sold on 28 Jan 2010)
      • The first recorded sale happened at this postcode is , BETHANY COTTAGE BURY ROAD: £175,000 (Sold on 28 Jan 2010)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£750,000 £3,061 1
    2013£158,900 £1,356 1
    2003£245,000 £1,408 2
    2002£245,000 £1,000 1
    1998£39,9501
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£214,000 £2,488 1
    2019£198,750 £2,129 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£12,425,0002
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2010£175,000 £1,716 1

    House Type in IP31 2FG area

    The most common house types in the IP31 2FG postcode area are Detached (99), Semi-detached (33), and Terraced (7).

    Total141
    Detached99
    Semi-detached33
    Terraced7
    converted building1
    temporary structure1
    Flat0
    Shared house0
    commercial building0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Owned: Owns with a mortgage or loan (42).

    Owned: Owns outright77
    Owned: Owns with a mortgage or loan42
    Private rented: Private landlord or letting agency13
    Private rented: Other private rented7
    Shared ownership: Shared ownership2
    Social rented: Other social rented1
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the IP31 2FG have 2 people in household (70), and 1 person in household (33).

    2 people in household70
    1 person in household33
    3 people in household21
    4 people in household13
    5 people in household4
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0