Housing Market Analysis for IP31 2RS

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    IP31 2RS Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £339,385 median price is £280,000 Standard Deviation is £234,151 with Total Sold: 95
      • The Last 5 Year average price is £542,367 with Total Sold: 15
      • 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 , THE OLD POLICE HOUSE THE STREET: £85,000 (Sold on 20 Jul 1995)
    • Semi-Detached
      • The average price is around £215,057 median price is £205,000 Standard Deviation is £130,081 with Total Sold: 23
      • The Last 5 Year average price is £386,750 with Total Sold: 4
      • The most recent sale happened at this postcode is , 5 SHINHAM BRIDGE: £300,000 (Sold on 05 May 2023)
      • The first recorded sale happened at this postcode is , 4 GREEN LANE: £54,500 (Sold on 16 Aug 1996)
    • Other
      • The average price is around £245,800 median price is £85,000 Standard Deviation is £328,558 with Total Sold: 5
      • The Last 5 Year average price is £27,000 with Total Sold: 2
      • 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)
    • Terraced
      • The average price is around £149,218 median price is £157,500 Standard Deviation is £65,082 with Total Sold: 54
      • The Last 5 Year average price is £224,583 with Total Sold: 6
      • The most recent sale happened at this postcode is , 1 FORGE BUNGALOWS: £176,500 (Sold on 27 Sep 2022)
      • The first recorded sale happened at this postcode is , 10 SHINHAM BRIDGE: £53,000 (Sold on 27 Jan 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£542,2504
    2023£572,500 £2,232 2
    2022£390,750 £4,348 2
    2021£520,000 £4,033 4
    2020£653,333 £3,241 3
    2019£385,500 £2,394 5
    2018£620,000 £3,328 2
    2016£419,000 £2,748 5
    2015£395,625 £2,750 4
    2013£237,483 £2,197 3
    2012£405,000 £2,172 4
    2011£535,000 £2,781 1
    2010£231,875 £2,062 4
    2009£658,434 £1,858 4
    2008£920,0001
    2007£303,786 £2,202 7
    2006£276,625 £2,084 4
    2005£298,750 £1,467 2
    2004£279,483 £1,535 3
    2003£172,500 £1,434 2
    2002£234,250 £1,936 6
    2001£162,250 £1,194 4
    2000£115,000 £1,264 1
    1999£176,375 £1,254 8
    1998£165,333 £804 3
    1997£134,975 £802 2
    1996£97,333 £875 3
    1995£130,000 £666 2
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£300,000 £4,839 1
    2022£298,500 £14,271 2
    2021£650,000 £2,632 1
    2019£265,000 £2,524 1
    2017£223,500 £3,481 2
    2015£240,000 £2,523 2
    2011£160,000 £2,930 1
    2009£217,5001
    2007£184,500 £2,449 3
    2006£182,5002
    2003£315,0002
    2002£53,320 £342 1
    2001£51,0001
    1999£61,250 £918 2
    1996£54,5001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£50,0001
    2021£4,0001
    2018£200,0001
    2017£85,0001
    2016£890,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£212,250 £4,521 2
    2021£246,667 £4,185 3
    2020£183,000 £2,905 1
    2019£195,000 £3,250 1
    2018£205,200 £3,325 2
    2017£180,000 £3,899 2
    2016£224,200 £2,962 5
    2015£181,874 £2,683 4
    2014£176,500 £2,440 2
    2013£166,000 £3,773 1
    2012£162,500 £1,506 2
    2009£175,000 £1,492 1
    2007£179,112 £2,457 4
    2005£144,000 £1,869 2
    2004£125,167 £3,028 3
    2003£125,990 £1,579 5
    2002£89,500 £1,425 2
    2000£83,000 £1,317 1
    1999£64,500 £925 3
    1998£51,000 £1,159 1
    1997£51,500 £791 2
    1996£49,500 £581 2
    1995£53,000 £494 3
    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 2RS area

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