Housing Market Analysis for WESTLEY WAY, IP31 3DL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £518,167 median price is £425,000 Standard Deviation is £384,678 with Total Sold: 6
    • The Last 5 Year average price is £987,500 with Total Sold: 2
    • The most recent sale happened at this postcode is ODESSA WESTLEY WAY: £1,225,000 (Sold on 19 Mar 2021)
    • The first recorded sale happened at this postcode is FROGG HALL WESTLEY WAY: £80,000 (Sold on 23 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3DL 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£1,225,000 £4,181 1
2020£750,000 £3,906 1
2012£540,000 £2,812 1
2007£310,000 £1,058 1
2002£204,0001
1997£80,000 £417 1

All the Sales in the WESTLEY WAY, IP31 3DL

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

AddressSold DatePrice% Change
ODESSA WESTLEY WAYDetached, FreeholdArea: 293 Sq.mtrAge: 2007 onwards19 Mar 2021£1,225,000295.16%
23 May 2007£310,000First Sale
FROGG HALL WESTLEY WAYDetached, FreeholdArea: 192 Sq.mtrAge: before 190002 Oct 2020£750,00038.89%
31 Oct 2012£540,000575.00%
23 Apr 1997£80,000First Sale
WEST VIEW WESTLEY WAYDetached, Freehold07 Jan 2002£204,000First Sale

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

WESTLEY WAY, IP31 3DL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £133,957 median price is £141,500 Standard Deviation is £70,478 with Total Sold: 34
    • The Last 5 Year average price is £245,625 with Total Sold: 4
    • The most recent sale happened at this postcode is , 7 ST MARYS CRESCENT: £195,000 (Sold on 02 Nov 2023)
    • The first recorded sale happened at this postcode is , 7 ST MARYS CRESCENT: £48,000 (Sold on 14 Jul 1995)
  • Detached
    • The average price is around £260,776 median price is £220,000 Standard Deviation is £203,231 with Total Sold: 45
    • The Last 5 Year average price is £613,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , ODESSA WESTLEY WAY: £1,225,000 (Sold on 19 Mar 2021)
    • The first recorded sale happened at this postcode is , 5 RICHER CLOSE: £63,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £1,090,000 median price is £1,090,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,090,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MILL COTTAGE HUNSTON ROAD: £1,090,000 (Sold on 15 Jul 2020)
    • The first recorded sale happened at this postcode is , MILL COTTAGE HUNSTON ROAD: £1,090,000 (Sold on 15 Jul 2020)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£195,000 £3,679 1
2022£290,000 £3,812 2
2021£207,500 £2,964 1
2018£225,000 £3,000 1
2017£164,625 £2,118 2
2016£220,000 £3,284 1
2015£176,500 £2,353 2
2014£173,500 £2,196 1
2013£165,000 £2,195 4
2011£120,500 £1,656 2
2008£163,500 £2,070 1
2005£162,500 £1,838 1
2003£138,000 £2,043 1
2002£87,332 £1,143 3
2001£68,933 £876 3
2000£75,000 £1,110 1
1999£52,7502
1998£57,000 £770 2
1997£52,500 £594 1
1995£45,250 £906 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,225,000 £4,181 1
2020£532,500 £3,611 2
2019£387,500 £3,828 2
2018£225,000 £2,368 1
2017£343,333 £3,332 3
2016£302,000 £3,236 2
2015£350,000 £2,358 3
2013£168,600 £2,555 1
2012£319,000 £2,603 3
2011£249,999 £2,273 1
2010£472,480 £1,909 1
2009£213,000 £1,651 1
2008£196,2502
2007£204,658 £1,875 6
2006£220,000 £2,444 1
2005£177,225 £2,227 2
2004£209,667 £2,021 3
2002£204,0001
2001£81,833 £1,169 3
2000£86,225 £1,231 2
1997£80,000 £417 1
1996£53,0001
1995£60,500 £788 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£1,090,000 £4,404 1

House Type in IP31 3DL area

The most common house types in the IP31 3DL postcode area are Detached (82), Semi-detached (52), and Flat (4).

Total146
Detached82
Semi-detached52
Flat4
converted building4
Terraced3
Shared house1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright68
Owned: Owns with a mortgage or loan44
Social rented: Rents from council or Local Authority15
Private rented: Private landlord or letting agency15
Private rented: Other private rented5
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP31 3DL have 2 people in household (67), and 1 person in household (30).

2 people in household67
1 person in household30
3 people in household20
4 people in household19
5 people in household5
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0