Housing Market Analysis for SHETLANDS, IP31 2XH

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £117,056 median price is £115,000 Standard Deviation is £58,639 with Total Sold: 8
    • The Last 5 Year average price is £198,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 SHETLANDS: £220,500 (Sold on 14 Apr 2023)
    • The first recorded sale happened at this postcode is 1 SHETLANDS: £33,000 (Sold on 24 Jan 1997)
  • Detached
    • The average price is around £265,000 median price is £265,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £265,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 SHETLANDS: £265,000 (Sold on 01 Sep 2022)
    • The first recorded sale happened at this postcode is 7 SHETLANDS: £265,000 (Sold on 01 Sep 2022)
  • Semi-Detached
    • The average price is around £74,875 median price is £63,750 Standard Deviation is £25,215 with Total Sold: 4
    • The most recent sale happened at this postcode is 4 SHETLANDS: £118,000 (Sold on 07 Jul 2010)
    • The first recorded sale happened at this postcode is 10 SHETLANDS: £54,000 (Sold on 29 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2XH 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£220,500 £4,160 1
2020£176,500 £3,330 1
2014£142,500 £2,827 1
2012£125,000 £2,480 1
2004£105,0001
2002£79,9501
2001£54,0001
1997£33,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£265,000 £5,638 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£118,000 £2,341 1
2000£63,750 £1,270 2
1998£54,000 £1,019 1

All the Sales in the SHETLANDS, IP31 2XH

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

AddressSold DatePrice% Change
3 SHETLANDSTerraced, FreeholdArea: 53 Sq.mtrAge: 1996-200214 Apr 2023£220,50024.93%
06 Nov 2020£176,500First Sale
7 SHETLANDSDetached, FreeholdArea: 47 Sq.mtrAge: 1991-199501 Sep 2022£265,000First Sale
4 SHETLANDSTerraced, FreeholdArea: 50.4 Sq.mtrAge: 1991-199522 Jul 2014£142,50014.00%
25 May 2012£125,0005.93%
07 Jul 2010£118,00084.38%
17 Jan 2000£64,000First Sale
2 SHETLANDSTerraced, Freehold05 Jul 2004£105,00031.33%
13 Dec 2002£79,95048.06%
13 Nov 2001£54,000First Sale
8 SHETLANDSSemi-Detached, Freehold11 Feb 2000£63,500First Sale
10 SHETLANDSSemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1991-199529 Dec 1998£54,000First Sale
1 SHETLANDSTerraced, Freehold24 Jan 1997£33,000First Sale

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

SHETLANDS, IP31 2XH Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £150,868 median price is £145,000 Standard Deviation is £74,056 with Total Sold: 331
    • The Last 5 Year average price is £242,432 with Total Sold: 59
    • The most recent sale happened at this postcode is , 15 AVEY WALK: £262,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , MILL HOUSE OLD BURY ROAD: £60,000 (Sold on 03 Apr 1995)
  • Other
    • The average price is around £326,000 median price is £298,000 Standard Deviation is £138,407 with Total Sold: 8
    • The Last 5 Year average price is £323,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , PEACE HAVEN DUKE STREET: £305,000 (Sold on 15 Apr 2024)
    • The first recorded sale happened at this postcode is , ROSE & CROWN BURY ROAD: £296,000 (Sold on 03 Sep 2014)
  • Detached
    • The average price is around £206,583 median price is £189,975 Standard Deviation is £123,769 with Total Sold: 414
    • The Last 5 Year average price is £342,286 with Total Sold: 63
    • The most recent sale happened at this postcode is , 12 GILBERT ROAD: £370,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 7 FORDHAMS CLOSE: £69,000 (Sold on 11 Jan 1995)
  • Terraced
    • The average price is around £128,330 median price is £125,000 Standard Deviation is £69,034 with Total Sold: 194
    • The Last 5 Year average price is £211,109 with Total Sold: 32
    • The most recent sale happened at this postcode is , 9 GILBERT ROAD: £245,000 (Sold on 28 Nov 2023)
    • The first recorded sale happened at this postcode is , 2 STURGEON WAY: £35,785 (Sold on 30 Jun 1995)
  • Flat
    • The average price is around £87,939 median price is £80,000 Standard Deviation is £31,926 with Total Sold: 45
    • The Last 5 Year average price is £99,286 with Total Sold: 7
    • The most recent sale happened at this postcode is , 3 FIELD COURT: £90,000 (Sold on 15 Jun 2023)
    • The first recorded sale happened at this postcode is , 40 THE STREET: £33,500 (Sold on 02 Jul 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,357 £2,967 7
2023£264,000 £3,402 5
2022£246,800 £3,286 15
2021£237,946 £2,912 14
2020£233,400 £2,727 10
2019£232,969 £2,482 8
2018£191,125 £2,863 4
2017£216,600 £3,262 5
2016£207,333 £2,689 24
2015£217,616 £2,648 17
2014£168,711 £2,323 21
2013£162,977 £1,994 11
2012£133,571 £2,333 7
2011£94,500 £1,454 1
2010£141,333 £2,108 9
2009£148,450 £2,460 11
2008£161,600 £2,087 5
2007£173,099 £2,504 9
2006£152,384 £2,508 13
2005£152,272 £2,148 11
2004£117,867 £2,091 12
2003£122,170 £1,780 15
2002£102,031 £1,287 16
2001£70,128 £945 7
2000£77,075 £917 20
1999£55,700 £769 12
1998£68,342 £859 13
1997£44,228 £646 14
1996£49,790 £742 11
1995£45,812 £851 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£305,0001
2023£362,333 £3,576 3
2021£225,000 £1,630 1
2017£347,500 £2,150 2
2014£296,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£358,500 £2,844 2
2023£383,333 £3,451 6
2022£346,719 £3,594 16
2021£347,719 £3,241 16
2020£318,300 £2,794 5
2019£324,694 £3,160 18
2018£289,068 £2,747 14
2017£315,682 £2,782 11
2016£290,562 £2,535 24
2015£263,178 £2,528 14
2014£262,413 £2,358 23
2013£199,950 £2,312 10
2012£216,495 £2,068 11
2011£261,389 £2,097 9
2010£202,500 £2,218 10
2009£179,287 £1,955 13
2008£256,143 £2,346 7
2007£266,520 £2,411 12
2006£196,000 £2,180 14
2005£188,704 £2,051 12
2004£202,834 £1,816 19
2003£118,368 £1,574 17
2002£178,850 £1,871 12
2001£123,666 £1,190 15
2000£168,333 £1,259 12
1999£84,792 £864 12
1998£83,412 £804 21
1997£75,587 £690 23
1996£65,817 £621 17
1995£60,311 £699 19
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£217,071 £3,411 7
2022£191,000 £3,713 5
2021£244,000 £2,770 7
2020£176,000 £2,908 6
2019£216,714 £2,999 7
2018£199,250 £2,874 4
2017£186,000 £2,577 3
2016£189,443 £2,469 9
2015£206,598 £2,547 10
2014£161,438 £2,465 9
2013£118,750 £2,681 2
2012£117,500 £1,993 5
2011£108,136 £2,082 7
2010£126,500 £2,124 2
2009£125,000 £2,154 1
2008£132,000 £2,050 1
2007£148,649 £1,944 8
2006£141,116 £2,336 15
2005£141,929 £1,847 7
2004£119,667 £2,012 3
2003£115,494 £1,717 8
2002£87,268 £1,245 11
2001£62,688 £987 8
2000£55,883 £1,022 9
1999£59,731 £842 8
1998£53,350 £915 7
1997£40,707 £725 14
1996£52,000 £666 6
1995£37,927 £777 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£122,000 £2,668 2
2022£93,375 £2,916 4
2019£77,500 £2,422 1
2018£170,000 £2,464 1
2017£89,500 £2,481 3
2016£114,062 £2,301 8
2015£91,426 £2,094 7
2014£68,378 £2,009 14
2013£72,500 £1,925 2
2004£85,0001
2001£50,5001
1999£33,5001

House Type in IP31 2XH area

The most common house types in the IP31 2XH postcode area are Detached (81), Semi-detached (30), and Terraced (18).

Total131
Detached81
Semi-detached30
Terraced18
Flat2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright71
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency8
Private rented: Other private rented6
Social rented: Rents from council or Local Authority5
Shared ownership: Shared ownership3
Social rented: Other social rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2XH have 2 people in household (48), and 1 person in household (38).

2 people in household48
1 person in household38
3 people in household23
4 people in household13
5 people in household6
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0