Housing Market Analysis for PALMER STREET, IP31 3DA

Are you looking to understand IP31 3DA 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 Mid Suffolk postcode.

For the location information and nearby amenities in the IP31 3DA area, explore the IP31 3DA Area information page.
For comprehensive crime statistics in the IP31 3DA area, explore the IP31 3DA Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £200,950 median price is £179,750 Standard Deviation is £94,346 with Total Sold: 10
    • The Last 5 Year average price is £440,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ROWAN HOUSE PALMER STREET: £440,000 (Sold on 05 Dec 2023)
    • The first recorded sale happened at this postcode is 1, PLANTATION COTTAGE PALMER STREET: £102,000 (Sold on 29 Oct 1997)
  • Terraced
    • The average price is around £117,999 median price is £101,500 Standard Deviation is £67,243 with Total Sold: 8
    • The Last 5 Year average price is £230,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 28 PALMER STREET: £230,000 (Sold on 08 Apr 2021)
    • The first recorded sale happened at this postcode is 28 PALMER STREET: £55,000 (Sold on 29 Jan 1998)
  • Semi-Detached
    • The average price is around £124,358 median price is £127,500 Standard Deviation is £67,613 with Total Sold: 6
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 27 PALMER STREET: £250,000 (Sold on 20 Sep 2019)
    • The first recorded sale happened at this postcode is 27 PALMER STREET: £46,000 (Sold on 25 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3DA 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
2023£440,000 £2,857 1
2014£265,000 £2,284 1
2004£225,625 £1,703 2
2002£159,500 £1,375 1
2001£135,875 £1,068 2
2000£200,000 £1,176 1
1999£120,000 £1,034 1
1997£102,000 £879 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£230,000 £2,987 1
2017£209,000 £2,714 1
2007£147,000 £1,909 1
2005£118,0001
2003£85,0001
1999£59,995 £779 1
1998£47,498 £714 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£250,000 £3,247 1
2005£142,500 £1,851 1
2003£125,0001
2002£130,000 £1,688 1
1998£52,650 £684 1
1995£46,000 £597 1

All the Sales in the PALMER STREET, IP31 3DA

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

AddressSold DatePrice% Change
ROWAN HOUSE PALMER STREETDetached, FreeholdArea: 154 Sq.mtrAge: 1967-197505 Dec 2023£440,00093.41%
24 Aug 2004£227,50065.15%
13 Jul 2001£137,750First Sale
28 PALMER STREETTerraced, FreeholdArea: 77 Sq.mtrAge: 1983-199008 Apr 2021£230,00010.05%
14 Aug 2017£209,00042.18%
19 Oct 2007£147,000145.02%
15 Jul 1999£59,9959.08%
29 Jan 1998£55,000First Sale
27 PALMER STREETSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1983-199020 Sep 2019£250,00075.44%
29 Jul 2005£142,5009.62%
20 Dec 2002£130,000146.91%
20 Mar 1998£52,65014.46%
25 Aug 1995£46,000First Sale
1, PLANTATION COTTAGE PALMER STREETDetached, FreeholdArea: 116 Sq.mtrAge: 1900-192914 Feb 2014£265,00018.44%
27 Jul 2004£223,75040.28%
10 Apr 2002£159,50032.92%
26 Nov 1999£120,00017.65%
29 Oct 1997£102,000First Sale
26 PALMER STREETTerraced, Freehold24 Mar 2005£118,00038.82%
25 Jul 2003£85,000112.53%
30 Oct 1998£39,995First Sale
2, PLANTATION COTTAGE PALMER STREETSemi-Detached, Freehold10 Jul 2003£125,000First Sale
29 PALMER STREETDetached, FreeholdArea: 108 Sq.mtrAge: 1976-198219 Oct 2001£134,000First Sale
POUND FARM COTTAGE PALMER STREETDetached, FreeholdArea: 170 Sq.mtrAge: before 190020 Sep 2000£200,000First Sale

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

PALMER STREET, IP31 3DA Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £146,960 median price is £147,500 Standard Deviation is £82,879 with Total Sold: 127
    • The Last 5 Year average price is £264,275 with Total Sold: 20
    • The most recent sale happened at this postcode is , SUMMERS END PALMER STREET: £250,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 PALMER STREET: £41,000 (Sold on 26 May 1995)
  • Terraced
    • The average price is around £177,923 median price is £179,995 Standard Deviation is £75,992 with Total Sold: 58
    • The Last 5 Year average price is £249,273 with Total Sold: 11
    • The most recent sale happened at this postcode is , 17 ELM DRIVE: £342,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 29 GROVE PARK: £37,500 (Sold on 14 Apr 1997)
  • Detached
    • The average price is around £272,236 median price is £271,500 Standard Deviation is £132,293 with Total Sold: 117
    • The Last 5 Year average price is £381,833 with Total Sold: 18
    • The most recent sale happened at this postcode is , ROWAN HOUSE PALMER STREET: £440,000 (Sold on 05 Dec 2023)
    • The first recorded sale happened at this postcode is , 5 CHERRY TREE ROW: £60,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £397,625 median price is £401,000 Standard Deviation is £79,292 with Total Sold: 4
    • The Last 5 Year average price is £380,167 with Total Sold: 3
    • The most recent sale happened at this postcode is , 3 - 4 CHERRY TREE ROW: £352,000 (Sold on 06 Aug 2021)
    • The first recorded sale happened at this postcode is , WILLOW TREE FARM PALMER STREET: £450,000 (Sold on 25 Jul 2016)
  • Flat
    • The average price is around £178,492 median price is £183,500 Standard Deviation is £24,731 with Total Sold: 7
    • The Last 5 Year average price is £191,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , STANFORD ELM DRIVE: £200,000 (Sold on 12 Feb 2021)
    • The first recorded sale happened at this postcode is , 39 ELM DRIVE: £139,995 (Sold on 01 Jul 2011)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,0002
2023£271,250 £2,775 2
2022£283,214 £3,005 7
2021£285,000 £2,922 2
2020£228,000 £2,884 4
2019£262,833 £3,395 3
2017£241,750 £3,915 4
2016£180,000 £2,403 2
2015£178,125 £2,173 4
2014£195,238 £2,271 4
2013£140,000 £1,591 1
2012£152,017 £2,411 6
2011£187,280 £2,146 10
2010£144,000 £2,002 2
2009£159,624 £1,707 4
2007£176,375 £2,183 4
2006£160,375 £1,992 4
2005£151,604 £1,776 6
2004£129,000 £1,509 3
2003£145,071 £2,195 7
2002£105,162 £1,321 8
2001£93,800 £1,659 5
2000£64,160 £860 8
1999£54,242 £616 6
1998£48,650 £687 3
1997£45,531 £819 4
1996£48,378 £640 9
1995£45,000 £565 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£342,000 £2,674 1
2023£238,000 £3,013 1
2022£253,000 £2,660 2
2021£264,375 £2,908 4
2020£305,000 £2,675 1
2019£146,750 £2,295 2
2018£186,000 £2,583 1
2017£217,750 £2,816 4
2016£282,500 £2,296 2
2015£179,312 £1,866 4
2014£211,333 £3,056 3
2013£165,435 £1,438 2
2012£230,833 £1,805 3
2010£161,998 £2,087 7
2009£163,498 £2,192 7
2007£148,500 £1,904 2
2006£132,475 £2,136 2
2005£118,0001
2004£105,000 £1,329 1
2003£85,0001
2002£88,500 £1,270 2
2001£63,0001
1999£59,995 £779 1
1998£47,498 £714 2
1997£37,500 £750 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£440,000 £2,857 1
2022£357,500 £3,695 2
2021£383,333 £2,966 6
2020£339,333 £2,431 3
2019£400,000 £2,829 6
2018£407,500 £2,476 4
2017£353,000 £2,846 6
2016£283,625 £2,689 4
2015£398,500 £2,155 4
2014£433,000 £3,503 5
2013£316,874 £1,997 4
2012£322,500 £1,949 2
2011£271,249 £2,087 8
2010£306,071 £2,227 7
2009£241,698 £2,272 11
2008£305,000 £1,727 2
2007£362,5002
2006£342,500 £1,851 2
2005£147,5002
2004£245,417 £1,703 3
2003£280,000 £1,752 3
2002£157,000 £1,375 3
2001£152,250 £1,068 3
2000£168,833 £1,176 3
1999£92,875 £859 4
1998£119,000 £791 4
1997£109,250 £892 4
1996£116,750 £679 6
1995£47,667 £226 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£352,000 £2,839 1
2019£394,250 £3,750 2
2016£450,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£200,000 £1,695 1
2019£183,500 £2,691 1
2016£190,316 £2,055 3
2015£155,000 £2,273 1
2011£139,995 £2,053 1

House Type in IP31 3DA area

The most common house types in the IP31 3DA postcode area are Semi-detached (85), Terraced (31), and Detached (28).

Total145
Semi-detached85
Terraced31
Detached28
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (41), and Owned: Owns with a mortgage or loan (38).

Social rented: Rents from council or Local Authority41
Owned: Owns with a mortgage or loan38
Owned: Owns outright37
Social rented: Other social rented16
Private rented: Private landlord or letting agency10
Shared ownership: Shared ownership3
Private rented: Other private rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the IP31 3DA have 2 people in household (56), and 1 person in household (41).

2 people in household56
1 person in household41
3 people in household21
4 people in household20
5 people in household3
6 people in household3
7 people in household3
0 people in household0
8 or more people in household0