Housing Market Analysis for THE PARK, IP31 2RH

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £755,000 median price is £755,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE ARBORETUM THE PARK: £755,000 (Sold on 15 Sep 2006)
    • The first recorded sale happened at this postcode is THE ARBORETUM THE PARK: £755,000 (Sold on 15 Sep 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2RH 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£755,000 £3,297 1

All the Sales in the THE PARK, IP31 2RH

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

AddressSold DatePrice% Change
THE ARBORETUM THE PARKDetached, FreeholdArea: 229 Sq.mtrAge: 1950-196615 Sep 2006£755,000First Sale

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

THE PARK, IP31 2RH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £336,819 median price is £310,000 Standard Deviation is £203,351 with Total Sold: 517
    • The Last 5 Year average price is £574,685 with Total Sold: 65
    • The most recent sale happened at this postcode is , HOLLY HOUSE COX LANE: £387,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 12 THE COPPICE: £156,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £197,885 median price is £186,750 Standard Deviation is £95,694 with Total Sold: 30
    • The Last 5 Year average price is £307,300 with Total Sold: 5
    • The most recent sale happened at this postcode is , WILLOW COTTAGE, 4 CONYERS GREEN: £500,000 (Sold on 25 Apr 2024)
    • The first recorded sale happened at this postcode is , 28 ELMS CLOSE: £58,000 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £214,548 median price is £202,000 Standard Deviation is £117,812 with Total Sold: 48
    • The Last 5 Year average price is £342,786 with Total Sold: 7
    • The most recent sale happened at this postcode is , THE COTTAGE LIVERMERE ROAD: £320,000 (Sold on 05 Jun 2023)
    • The first recorded sale happened at this postcode is , PRIMROSE COTTAGE MILL ROAD: £85,000 (Sold on 01 Feb 1995)
  • Other
    • The average price is around £214,222 median price is £150,000 Standard Deviation is £265,960 with Total Sold: 9
    • The Last 5 Year average price is £94,800 with Total Sold: 5
    • The most recent sale happened at this postcode is PLOT 2A, FORGE DEVELOPMENT THE STREET: £50,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is , ELMS FARMHOUSE THE STREET: £890,000 (Sold on 15 Dec 2016)
  • Flat
    • The average price is around £25,231 median price is £23,000 Standard Deviation is £3,966 with Total Sold: 16
    • The most recent sale happened at this postcode is FLAT 9, OAKAMPTON HOUSE EAST BARTON ROAD: £20,700 (Sold on 19 Nov 2009)
    • The first recorded sale happened at this postcode is FLAT 4, OAKAMPTON HOUSE EAST BARTON ROAD: £30,000 (Sold on 08 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£637,143 £3,889 7
2023£502,250 £3,686 10
2022£566,067 £4,333 15
2021£651,639 £3,549 18
2020£510,100 £3,232 15
2019£514,615 £3,006 13
2018£499,222 £3,324 9
2017£477,585 £3,568 23
2016£421,361 £3,343 18
2015£420,353 £2,986 17
2014£440,143 £2,818 14
2013£406,966 £2,548 19
2012£401,654 £2,482 13
2011£338,041 £2,654 11
2010£321,558 £2,342 20
2009£392,598 £2,271 20
2008£393,000 £1,776 10
2007£349,775 £2,381 20
2006£365,931 £2,200 29
2005£321,269 £1,699 13
2004£325,355 £1,884 21
2003£262,496 £1,772 14
2002£257,092 £1,584 15
2001£207,475 £1,306 22
2000£194,386 £1,272 18
1999£160,619 £1,268 21
1998£154,969 £895 16
1997£123,268 £802 35
1996£107,576 £790 19
1995£109,705 £818 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£500,0001
2022£243,250 £4,870 2
2021£275,000 £3,395 1
2020£275,000 £4,167 1
2018£230,400 £2,560 1
2017£160,000 £4,571 1
2016£233,667 £2,803 3
2015£275,400 £2,829 3
2014£186,000 £2,662 3
2012£162,500 £1,506 2
2009£200,000 £1,712 2
2007£225,000 £2,101 1
2005£147,000 £1,633 1
2004£108,000 £2,919 1
2003£158,983 £1,472 3
2000£87,500 £1,326 1
1997£39,000 £591 1
1996£58,000 £542 1
1995£58,000 £494 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£320,000 £4,638 1
2022£298,500 £14,271 2
2021£506,250 £2,632 2
2020£235,000 £3,616 2
2019£356,667 £2,929 3
2016£193,000 £2,924 1
2015£240,000 £2,458 4
2014£278,500 £2,422 1
2013£250,000 £2,174 1
2011£160,000 £2,930 1
2010£370,000 £2,283 2
2009£227,242 £2,112 3
2007£209,000 £1,990 1
2006£175,250 £2,273 4
2005£277,0001
2003£270,833 £1,547 3
2002£130,568 £977 4
2000£135,000 £804 1
1999£72,500 £969 2
1998£87,000 £1,223 2
1997£84,7833
1996£85,750 £1,028 2
1995£81,975 £669 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,0002
2022£20,0001
2021£127,000 £877 2
2018£188,000 £1,794 3
2016£890,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£20,700 £398 1
2007£29,0001
2006£23,000 £426 1
2003£23,000 £460 2
2002£26,000 £435 4
2000£23,0001
1998£23,000 £442 1
1997£27,333 £451 3
1996£23,000 £411 1
1995£30,0001

House Type in IP31 2RH area

The most common house types in the IP31 2RH postcode area are Detached (62), Semi-detached (54), and Flat (21).

Total151
Detached62
Semi-detached54
Flat21
Terraced13
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright57
Owned: Owns with a mortgage or loan34
Social rented: Other social rented30
Social rented: Rents from council or Local Authority15
Private rented: Private landlord or letting agency10
Private rented: Other private rented4
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2RH have 1 person in household (59), and 2 people in household (43).

1 person in household59
2 people in household43
4 people in household21
3 people in household19
5 people in household6
7 people in household2
6 people in household1
8 or more people in household1
0 people in household0