Housing Market Analysis for IP31 2PJ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    IP31 2PJ Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £252,651 median price is £237,250 Standard Deviation is £123,394 with Total Sold: 121
      • The Last 5 Year average price is £393,217 with Total Sold: 23
      • The most recent sale happened at this postcode is , 11 MERE CLOSE: £350,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 34 BARTON HAMLET: £86,000 (Sold on 04 Jan 1995)
    • Flat
      • The average price is around £153,222 median price is £153,000 Standard Deviation is £5,613 with Total Sold: 18
      • The Last 5 Year average price is £153,222 with Total Sold: 18
      • The most recent sale happened at this postcode is FLAT 5, BARLEY HOUSE MERE FARM LANE: £150,000 (Sold on 22 Dec 2021)
      • The first recorded sale happened at this postcode is FLAT 4, BARLEY HOUSE MERE FARM LANE: £160,000 (Sold on 19 Nov 2021)
    • Semi-Detached
      • The average price is around £168,556 median price is £98,500 Standard Deviation is £105,516 with Total Sold: 9
      • The Last 5 Year average price is £325,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , 8 MOORELAND DRIVE: £335,000 (Sold on 16 Dec 2021)
      • The first recorded sale happened at this postcode is , ROSEMERE THURSTON ROAD: £85,000 (Sold on 30 Mar 1995)
    • Terraced
      • The average price is around £152,762 median price is £145,000 Standard Deviation is £85,570 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 4, BROOKLYN COTTAGES THURSTON ROAD: £220,000 (Sold on 10 Sep 2021)
      • The first recorded sale happened at this postcode is 4, BROOKLYN COTTAGES THURSTON ROAD: £54,900 (Sold on 10 Feb 1997)
    • Other
      • The average price is around £925,000 median price is £925,000 Standard Deviation is £0 with Total Sold: 1
      • The most recent sale happened at this postcode is , DRAKE & SCULL HOUSE : £925,000 (Sold on 27 Oct 2017)
      • The first recorded sale happened at this postcode is , DRAKE & SCULL HOUSE : £925,000 (Sold on 27 Oct 2017)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£350,0001
    2023£396,100 £4,030 5
    2022£467,000 £3,400 5
    2021£387,500 £3,685 4
    2020£262,500 £4,526 1
    2019£366,571 £3,577 7
    2018£265,500 £3,688 1
    2017£275,000 £3,718 2
    2016£397,167 £3,472 6
    2015£307,000 £3,111 5
    2014£288,781 £2,774 8
    2013£371,135 £2,417 2
    2012£270,862 £2,767 4
    2011£249,790 £2,510 5
    2010£335,000 £2,798 3
    2009£193,500 £2,635 3
    2008£285,625 £2,168 4
    2007£245,000 £2,896 4
    2006£186,7502
    2005£204,156 £1,987 8
    2004£223,333 £2,372 3
    2003£221,983 £1,250 3
    2002£152,000 £1,658 5
    2001£163,606 £1,211 9
    2000£174,833 £819 3
    1999£109,250 £844 4
    1998£78,900 £725 5
    1997£94,228 £740 4
    1996£89,000 £952 2
    1995£71,433 £792 3
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£153,222 £3,520 18
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£325,000 £4,071 2
    2014£265,000 £2,944 1
    2003£205,0001
    2001£98,500 £1,296 1
    1999£74,750 £1,145 2
    1997£64,000 £842 1
    1995£85,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£220,000 £3,385 1
    2017£375,000 £2,820 1
    2013£173,000 £2,662 1
    2010£170,000 £2,648 1
    2009£149,500 £2,380 2
    2006£241,009 £1,812 1
    2004£127,0001
    2003£121,0001
    1999£68,333 £1,114 3
    1997£54,900 £845 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2017£925,0001

    House Type in IP31 2PJ area

    The most common house types in the IP31 2PJ postcode area are Detached (64), Terraced (18), and Semi-detached (16).

    Total113
    Detached64
    Terraced18
    Semi-detached16
    Flat8
    converted building7
    Shared house0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Owned: Owns with a mortgage or loan (31).

    Owned: Owns outright50
    Owned: Owns with a mortgage or loan31
    Private rented: Private landlord or letting agency22
    Social rented: Other social rented6
    Private rented: Other private rented3
    Social rented: Rents from council or Local Authority2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the IP31 2PJ have 2 people in household (51), and 1 person in household (33).

    2 people in household51
    1 person in household33
    3 people in household13
    4 people in household12
    5 people in household4
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0