Housing Market Analysis for IP31 2JG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    IP31 2JG Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £330,315 median price is £325,250 Standard Deviation is £177,597 with Total Sold: 54
      • The Last 5 Year average price is £504,444 with Total Sold: 9
      • The most recent sale happened at this postcode is , WILLOWBANK FEN ROAD: £440,000 (Sold on 28 May 2024)
      • The first recorded sale happened at this postcode is , SUMMER COTTAGE GRIMSTONE END: £84,000 (Sold on 03 Nov 1995)
    • Semi-Detached
      • The average price is around £230,703 median price is £235,000 Standard Deviation is £98,170 with Total Sold: 15
      • The Last 5 Year average price is £340,500 with Total Sold: 5
      • The most recent sale happened at this postcode is , FRESCA, 6 COUNCIL HOUSES: £380,000 (Sold on 12 Dec 2023)
      • The first recorded sale happened at this postcode is , VINE COTTAGE FEN ROAD: £96,000 (Sold on 16 Apr 1998)
    • Terraced
      • The average price is around £152,800 median price is £152,000 Standard Deviation is £46,258 with Total Sold: 5
      • The Last 5 Year average price is £190,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , LAMBERTS COTTAGE FEN ROAD: £190,000 (Sold on 30 Sep 2020)
      • The first recorded sale happened at this postcode is , SEDGE COTTAGE FEN ROAD: £72,000 (Sold on 13 Jun 2003)
    • Other
      • The average price is around £30,000 median price is £30,000 Standard Deviation is £0 with Total Sold: 1
      • The most recent sale happened at this postcode is , STRATHCONA GRIMSTONE END: £30,000 (Sold on 01 Nov 2018)
      • The first recorded sale happened at this postcode is , STRATHCONA GRIMSTONE END: £30,000 (Sold on 01 Nov 2018)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£440,0001
    2023£550,000 £4,231 1
    2022£425,000 £3,080 1
    2021£565,000 £3,050 2
    2020£426,250 £2,645 2
    2019£571,250 £3,378 2
    2018£392,0001
    2017£670,500 £2,944 2
    2016£750,000 £3,807 1
    2015£340,000 £2,108 2
    2014£438,333 £2,717 3
    2013£281,167 £2,838 3
    2012£450,0001
    2011£341,000 £3,204 2
    2010£305,001 £2,786 1
    2009£320,000 £1,224 3
    2008£312,000 £2,013 1
    2006£336,500 £1,762 2
    2005£405,000 £3,414 1
    2004£392,000 £1,912 1
    2003£240,000 £1,703 3
    2002£291,750 £1,853 4
    2001£212,750 £941 2
    2000£157,000 £994 1
    1999£165,667 £1,168 3
    1997£100,0001
    1996£118,000 £840 4
    1995£86,000 £767 3
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£380,0001
    2022£370,0001
    2020£405,5001
    2019£273,500 £3,160 2
    2017£235,000 £3,133 1
    2015£265,000 £2,431 1
    2014£165,0001
    2007£247,0001
    2005£183,167 £1,679 3
    2002£117,0001
    1999£83,5501
    1998£96,000 £1,021 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£190,000 £4,043 1
    2015£205,000 £3,596 1
    2005£145,0001
    2004£152,000 £2,667 1
    2003£72,000 £1,263 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2018£30,000 £102 1

    House Type in IP31 2JG area

    The most common house types in the IP31 2JG postcode area are Detached (89), Semi-detached (34), and Terraced (6).

    Total130
    Detached89
    Semi-detached34
    Terraced6
    converted building1
    Flat0
    Shared house0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (45).

    Owned: Owns outright63
    Owned: Owns with a mortgage or loan45
    Private rented: Private landlord or letting agency18
    Private rented: Other private rented4
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the IP31 2JG have 2 people in household (55), and 1 person in household (31).

    2 people in household55
    1 person in household31
    3 people in household21
    4 people in household20
    5 people in household2
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0