Housing Market Analysis for IP31 3AR

Are you looking to understand IP31 3AR 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 3AR area, explore the IP31 3AR Area information page.
For comprehensive crime statistics in the IP31 3AR area, explore the IP31 3AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP31 3AR postcode area, The average prices are as follows,

  • Other
    • The average price is around £750,000 median price is £750,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is POTASH FARM: £750,000 (Sold on 10 Sep 2014)
    • The first recorded sale happened at this postcode is POTASH FARM: £750,000 (Sold on 10 Sep 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3AR 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£750,0001

All the Sales in the IP31 3AR

See the table below for more details on the sold house prices in the IP31 3AR, West Suffolk postcode.

AddressSold DatePrice% Change
POTASH FARMOther, Freehold10 Sep 2014£750,000First Sale

Check out the sold house prices near the IP31 3AR postcode. Properties currently for saleProperties currently for rent

IP31 3AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 3AR 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 3AR postcode.

  • Semi-Detached
    • The average price is around £362,000 median price is £387,000 Standard Deviation is £169,014 with Total Sold: 5
    • The Last 5 Year average price is £630,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WILLOW BARN, WRENSHALL FARM BARNS : £630,000 (Sold on 05 Nov 2021)
    • The first recorded sale happened at this postcode is , 2 WRENSHALL COTTAGES: £145,000 (Sold on 21 Jun 1999)
  • Detached
    • The average price is around £308,500 median price is £292,500 Standard Deviation is £133,919 with Total Sold: 4
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE ROOST, WRENSHALL FARM BARNS : £500,000 (Sold on 27 Nov 2019)
    • The first recorded sale happened at this postcode is THE ROOST, WRENSHALL FARM BARNS : £149,000 (Sold on 29 May 1998)
  • Other
    • The average price is around £375,500 median price is £375,500 Standard Deviation is £374,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 4, WRENSHALL FARM BARNS : £1,000 (Sold on 26 Apr 2017)
    • The first recorded sale happened at this postcode is , POTASH FARM : £750,000 (Sold on 10 Sep 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£630,000 £4,940 1
2017£387,0001
2012£425,000 £3,333 1
2001£223,0001
1999£145,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£500,0001
2005£360,0001
2001£225,0001
1998£149,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£1,0001
2014£750,0001

House Type in IP31 3AR area

The most common house types in the IP31 3AR postcode area are Semi-detached (69), Detached (36), and Terraced (2).

Total109
Semi-detached69
Detached36
Terraced2
temporary structure2
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (45), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright45
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency18
Private rented: Other private rented8
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 3AR have 2 people in household (44), and 1 person in household (22).

2 people in household44
1 person in household22
4 people in household22
3 people in household19
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0