Housing Market Analysis for SCHOOL ROAD, IP31 2RJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £321,431 median price is £335,750 Standard Deviation is £136,748 with Total Sold: 8
    • The Last 5 Year average price is £421,000 with Total Sold: 2
    • The most recent sale happened at this postcode is HEDGEROWS SCHOOL ROAD: £500,000 (Sold on 10 Dec 2021)
    • The first recorded sale happened at this postcode is THE GABLES SCHOOL ROAD: £145,000 (Sold on 11 Jun 1999)
  • Other
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is REEVES LODGE SCHOOL ROAD: £250,000 (Sold on 01 Apr 2021)
    • The first recorded sale happened at this postcode is REEVES LODGE SCHOOL ROAD: £250,000 (Sold on 01 Apr 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2RJ 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
2021£500,000 £3,378 1
2020£342,000 £2,311 1
2018£510,000 £4,317 1
2013£399,950 £2,597 1
2004£329,500 £2,140 1
2003£175,000 £1,136 1
2001£170,0001
1999£145,000 £1,227 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£250,000 £877 1

All the Sales in the SCHOOL ROAD, IP31 2RJ

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

AddressSold DatePrice% Change
HEDGEROWS SCHOOL ROADDetached, FreeholdArea: 148 Sq.mtrAge: 1967-197510 Dec 2021£500,00046.20%
07 Sep 2020£342,000First Sale
THE GABLES SCHOOL ROADDetached, FreeholdArea: 118.13 Sq.mtrAge: 1967-197531 Aug 2018£510,000251.72%
11 Jun 1999£145,000First Sale
ROSE COTTAGE SCHOOL ROADDetached, FreeholdArea: 154 Sq.mtrAge: before 190021 Oct 2013£399,95021.38%
29 Jun 2004£329,50088.29%
28 Feb 2003£175,000First Sale
DANECROFT SCHOOL ROADDetached, Freehold28 Sep 2001£170,000First Sale
REEVES LODGE SCHOOL ROADOther, FreeholdArea: 285 Sq.mtrAge: 202201 Apr 2021£250,000First Sale

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

SCHOOL ROAD, IP31 2RJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £333,117 median price is £300,000 Standard Deviation is £213,495 with Total Sold: 384
    • The Last 5 Year average price is £576,531 with Total Sold: 48
    • 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)
  • Other
    • The average price is around £226,556 median price is £150,000 Standard Deviation is £258,391 with Total Sold: 9
    • The Last 5 Year average price is £98,167 with Total Sold: 6
    • 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)
  • Semi-Detached
    • The average price is around £216,619 median price is £195,000 Standard Deviation is £123,361 with Total Sold: 37
    • The Last 5 Year average price is £402,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , 14 COX LANE: £225,000 (Sold on 15 Jul 2022)
    • The first recorded sale happened at this postcode is , PRIMROSE COTTAGE MILL ROAD: £85,000 (Sold on 01 Feb 1995)
  • 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£669,000 £3,889 5
2023£485,833 £3,681 9
2022£551,136 £4,279 11
2021£711,818 £3,628 11
2020£505,292 £3,205 12
2019£487,780 £3,134 12
2018£505,143 £3,428 7
2017£461,150 £3,540 13
2016£421,367 £3,449 15
2015£426,143 £2,951 14
2014£450,857 £3,044 7
2013£451,168 £2,463 11
2012£405,591 £2,519 11
2011£392,279 £2,863 7
2010£348,409 £2,309 11
2009£401,406 £2,189 16
2008£414,286 £1,693 7
2007£322,050 £2,229 10
2006£386,595 £2,190 21
2005£301,833 £1,678 9
2004£328,968 £1,917 17
2003£245,000 £1,772 10
2002£253,920 £1,672 14
2001£207,498 £1,288 20
2000£193,354 £1,295 14
1999£158,971 £1,242 17
1998£143,955 £868 11
1997£127,560 £812 28
1996£107,946 £782 13
1995£110,500 £818 21
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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,0002
2022£67,5002
2021£127,000 £877 2
2018£280,000 £3,564 2
2016£890,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£298,500 £14,271 2
2021£506,250 £2,632 2
2019£356,667 £2,929 3
2015£243,333 £2,269 3
2014£278,500 £2,422 1
2013£250,000 £2,174 1
2011£160,000 £2,930 1
2010£355,000 £2,316 1
2009£227,242 £2,112 3
2007£209,000 £1,990 1
2006£183,6673
2003£270,833 £1,547 3
2002£134,257 £977 3
2000£135,000 £804 1
1999£72,500 £969 2
1998£87,000 £1,223 2
1997£103,9752
1996£79,000 £1,028 1
1995£81,975 £669 2
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 2RJ area

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