Housing Market Analysis for RICHER ROAD, IP31 3EU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £432,728 median price is £370,000 Standard Deviation is £141,079 with Total Sold: 9
    • The Last 5 Year average price is £536,762 with Total Sold: 4
    • The most recent sale happened at this postcode is COPPER BEECHES RICHER ROAD: £440,050 (Sold on 14 Sep 2021)
    • The first recorded sale happened at this postcode is THE HAWTHORNS RICHER ROAD: £460,500 (Sold on 21 Aug 2003)
  • Other
    • The average price is around £625,000 median price is £625,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is OLD PIT COTTAGE RICHER ROAD: £625,000 (Sold on 22 Dec 2016)
    • The first recorded sale happened at this postcode is OLD PIT COTTAGE RICHER ROAD: £625,000 (Sold on 22 Dec 2016)
  • Semi-Detached
    • The average price is around £299,000 median price is £299,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE BAILEY RICHER ROAD: £299,000 (Sold on 05 May 2015)
    • The first recorded sale happened at this postcode is THE BAILEY RICHER ROAD: £299,000 (Sold on 05 May 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3EU 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£440,050 £2,876 1
2020£550,000 £2,548 2
2019£607,000 £2,044 1
2015£350,000 £2,593 1
2013£271,000 £1,771 1
2007£370,0001
2004£296,000 £2,027 1
2003£460,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£625,000 £3,956 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£299,000 £2,646 1

All the Sales in the RICHER ROAD, IP31 3EU

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

AddressSold DatePrice% Change
COPPER BEECHES RICHER ROADDetached, FreeholdArea: 153 Sq.mtrAge: 2007 onwards14 Sep 2021£440,05062.38%
13 Mar 2013£271,000First Sale
ASHFIELD HOUSE RICHER ROADDetached, FreeholdArea: 285 Sq.mtr14 Feb 2020£730,000First Sale
APPLE TREES, 2 RICHER ROADDetached, FreeholdArea: 146 Sq.mtrAge: 2003-200620 Jan 2020£370,00025.00%
06 Jul 2004£296,000First Sale
ELMTREE HOUSE RICHER ROADDetached, FreeholdArea: 297 Sq.mtrAge: 2003-200615 Mar 2019£607,000First Sale
OLD PIT COTTAGE RICHER ROADOther, FreeholdArea: 158 Sq.mtrAge: 1967-197522 Dec 2016£625,000First Sale
THE BAILEY RICHER ROADSemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1967-197505 May 2015£299,000First Sale
THE OAK RICHER ROADDetached, FreeholdArea: 135 Sq.mtrAge: 1976-198217 Mar 2015£350,000First Sale
THE GABLES RICHER ROADDetached, Freehold10 Jan 2007£370,000First Sale
THE HAWTHORNS RICHER ROADDetached, Freehold21 Aug 2003£460,500First Sale

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

RICHER ROAD, IP31 3EU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £288,787 median price is £250,000 Standard Deviation is £171,009 with Total Sold: 225
    • The Last 5 Year average price is £470,186 with Total Sold: 48
    • The most recent sale happened at this postcode is , WILLOWCROFT LANGHAM ROAD: £595,000 (Sold on 19 Jun 2024)
    • The first recorded sale happened at this postcode is , THE PINES RICHER ROAD: £63,000 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £158,855 median price is £163,500 Standard Deviation is £76,532 with Total Sold: 81
    • The Last 5 Year average price is £249,944 with Total Sold: 9
    • 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 , COLUMBINE COTTAGE THE STREET: £44,250 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £352,500 median price is £295,000 Standard Deviation is £291,316 with Total Sold: 11
    • The Last 5 Year average price is £511,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , WHITE HORSE INN THE STREET: £410,000 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is , OLD PIT COTTAGE RICHER ROAD: £625,000 (Sold on 22 Dec 2016)
  • Terraced
    • The average price is around £143,278 median price is £153,000 Standard Deviation is £65,180 with Total Sold: 30
    • The Last 5 Year average price is £230,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 8 BACK LANE: £270,000 (Sold on 31 May 2022)
    • The first recorded sale happened at this postcode is , MYRTLE COTTAGE THE STREET: £52,000 (Sold on 18 Sep 1995)
  • Flat
    • The average price is around £86,250 median price is £86,250 Standard Deviation is £8,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 1 ORCHARD WAY: £95,000 (Sold on 25 May 2017)
    • The first recorded sale happened at this postcode is , 1 ORCHARD WAY: £77,500 (Sold on 14 Nov 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£595,0001
2023£615,000 £3,746 2
2022£559,600 £3,645 5
2021£468,473 £3,179 21
2020£466,500 £3,092 10
2019£382,556 £3,212 9
2018£365,833 £3,093 6
2017£438,214 £3,132 7
2016£405,417 £3,373 6
2015£362,500 £2,474 8
2014£311,833 £2,285 6
2013£221,120 £2,151 5
2012£240,667 £2,517 6
2011£262,000 £2,001 4
2010£304,648 £2,154 8
2009£250,115 £1,881 13
2008£268,146 £2,275 7
2007£286,535 £2,422 13
2006£261,599 £1,947 5
2005£244,421 £1,980 7
2004£275,900 £1,907 11
2003£331,000 £2,120 7
2002£220,817 £1,383 3
2001£144,675 £1,155 8
2000£137,939 £1,171 9
1999£214,000 £1,724 3
1998£111,475 £809 8
1997£80,605 £850 11
1996£67,140 £692 10
1995£88,325 £737 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£207,500 £3,704 2
2022£290,000 £3,812 2
2021£271,125 £2,814 4
2020£170,000 £2,576 1
2018£212,333 £2,887 3
2017£169,750 £2,321 3
2016£207,625 £2,819 4
2015£210,900 £2,397 5
2014£172,375 £2,136 4
2013£202,833 £2,190 6
2012£169,500 £2,483 3
2011£145,333 £1,899 3
2009£156,000 £2,040 2
2008£173,249 £2,159 5
2007£173,090 £2,351 5
2006£104,602 £1,456 2
2005£162,500 £1,838 1
2004£158,500 £2,134 4
2003£134,000 £1,977 2
2002£111,909 £1,412 5
2001£68,933 £876 3
2000£75,000 £1,110 1
1999£56,875 £968 4
1998£57,000 £770 2
1997£52,500 £594 1
1995£45,688 £778 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£330,0002
2020£800,000 £3,767 2
2019£295,000 £1,586 1
2018£115,000 £536 2
2017£155,833 £3,155 3
2016£625,000 £3,956 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£239,000 £3,266 2
2021£227,000 £3,547 1
2019£215,000 £2,622 1
2016£213,333 £2,832 3
2015£167,250 £2,295 2
2014£195,000 £2,321 1
2013£151,000 £2,359 1
2011£167,500 £2,170 2
2007£196,750 £2,244 2
2006£115,500 £1,582 2
2005£170,000 £2,297 1
2004£155,000 £1,890 1
2003£55,000 £786 1
2002£84,975 £1,164 2
2001£81,975 £1,202 2
2000£79,950 £1,249 1
1999£69,250 £834 2
1998£59,000 £702 1
1996£55,000 £859 1
1995£52,000 £634 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£95,000 £1,357 1
2013£77,500 £1,107 1

House Type in IP31 3EU area

The most common house types in the IP31 3EU postcode area are Detached (112), Semi-detached (46), and Terraced (24).

Total182
Detached112
Semi-detached46
Terraced24
Flat0
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 (89), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright89
Owned: Owns with a mortgage or loan41
Social rented: Rents from council or Local Authority24
Private rented: Private landlord or letting agency21
Social rented: Other social rented5
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 3EU have 2 people in household (74), and 1 person in household (60).

2 people in household74
1 person in household60
3 people in household29
4 people in household12
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0