Housing Market Analysis for ELM DRIVE, IP31 3FG

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

Overview of Sold House prices

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

Terraced
- The average price is around £245,437 median price is £233,750 Standard Deviation is £62,797 with Total Sold: 10
- The Last 5 Year average price is £321,000 with Total Sold: 2
- 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 17 ELM DRIVE: £230,000 (Sold on 30 Apr 2012)
Detached
- The average price is around £304,094 median price is £314,000 Standard Deviation is £69,205 with Total Sold: 37
- The Last 5 Year average price is £339,143 with Total Sold: 7
- The most recent sale happened at this postcode is 28 ELM DRIVE: £350,000 (Sold on 01 Apr 2022)
- The first recorded sale happened at this postcode is 16 ELM DRIVE: £202,500 (Sold on 09 Apr 2009)
Semi-Detached
- The average price is around £255,167 median price is £238,750 Standard Deviation is £52,818 with Total Sold: 6
- The Last 5 Year average price is £321,750 with Total Sold: 2
- The most recent sale happened at this postcode is 7 ELM DRIVE: £350,000 (Sold on 26 Mar 2021)
- The first recorded sale happened at this postcode is 38 ELM DRIVE: £227,500 (Sold on 11 Feb 2011)
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)
Other
- The average price is around £293,500 median price is £293,500 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £293,500 with Total Sold: 1
- The most recent sale happened at this postcode is GARAGE AND PARKING SPACE TO, 43 ELM DRIVE: £293,500 (Sold on 28 Jun 2019)
- The first recorded sale happened at this postcode is GARAGE AND PARKING SPACE TO, 43 ELM DRIVE: £293,500 (Sold on 28 Jun 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3FG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£342,000	£2,674	1
2021	£300,000	£3,126	1
2016	£325,000	£2,374	1
2015	£232,000	£2,074	2
2013	£165,435	£1,438	2
2012	£230,833	£1,805	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£350,000	£3,684	1
2021	£377,500	£3,029	2
2020	£169,000	£2,449	1
2019	£366,667	£2,744	3
2018	£395,000	£3,048	1
2017	£333,600	£2,968	5
2016	£283,625	£2,689	4
2015	£292,000	£2,354	2
2014	£305,000	£2,455	2
2013	£316,250	£1,996	2
2012	£295,000	£2,155	1
2011	£287,998	£2,184	5
2010	£308,750	£2,470	2
2009	£250,166	£2,610	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£350,000	£2,701	1
2019	£293,500	£3,581	1
2011	£221,875	£2,228	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£293,500		1

All the Sales in the ELM DRIVE, IP31 3FG

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

Address	Sold Date	Price	% Change
17 ELM DRIVETerraced, FreeholdArea: 127.92 Sq.mtr	29 Feb 2024	£342,000	55.45%
	24 Jun 2013	£220,000	-4.35%
	30 Apr 2012	£230,000	First Sale
28 ELM DRIVEDetached, FreeholdArea: 95 Sq.mtrAge: 2007-2011	01 Apr 2022	£350,000	67.87%
28 ELM DRIVEDetached, FreeholdArea: 95 Sq.mtrAge: 2007-2011	11 Dec 2009	£208,500	First Sale
36 ELM DRIVETerraced, FreeholdArea: 95.96 Sq.mtr	15 Sep 2021	£300,000	First Sale
7 ELM DRIVESemi-Detached, FreeholdArea: 129.6 Sq.mtr	26 Mar 2021	£350,000	40.00%
7 ELM DRIVESemi-Detached, FreeholdArea: 129.6 Sq.mtr	18 Nov 2011	£250,000	First Sale
16 ELM DRIVEDetached, FreeholdArea: 96 Sq.mtrAge: 2007-2011	11 Mar 2021	£305,000	9.91%
	21 Jun 2016	£277,500	37.04%
	09 Apr 2009	£202,500	First Sale
5 ELM DRIVEDetached, FreeholdArea: 156.15 Sq.mtr	09 Mar 2021	£450,000	25.00%
	25 Sep 2014	£360,000	9.09%
	03 Oct 2011	£329,995	First Sale
STANFORD ELM DRIVEFlat, LeaseholdArea: 118 Sq.mtrAge: INVALID!	12 Feb 2021	£200,000	8.11%
	22 Apr 2016	£185,000	First Sale
18 ELM DRIVEDetached, LeaseholdArea: 69 Sq.mtrAge: 2007 onwards	17 Aug 2020	£169,000	12.67%
	01 Apr 2016	£150,000	First Sale
37 ELM DRIVEDetached, FreeholdArea: 95.96 Sq.mtr	07 Nov 2019	£315,000	6.78%
	27 Jul 2017	£295,000	18.00%
	19 Sep 2014	£250,000	8.70%
	15 Dec 2011	£230,000	First Sale
39 ELM DRIVEFlat, LeaseholdArea: 68.18 Sq.mtr	07 Nov 2019	£183,500	18.39%
	03 Jun 2015	£155,000	10.72%
	01 Jul 2011	£139,995	First Sale
32 ELM DRIVEDetached, FreeholdArea: 200.8 Sq.mtr	18 Oct 2019	£455,000	24.66%
32 ELM DRIVEDetached, FreeholdArea: 200.8 Sq.mtr	11 Jan 2013	£365,000	First Sale
43 ELM DRIVESemi-Detached, FreeholdArea: 81.96 Sq.mtr	28 Jun 2019	£293,500	54.47%
43 ELM DRIVESemi-Detached, FreeholdArea: 81.96 Sq.mtr	27 May 2011	£190,000	First Sale
GARAGE AND PARKING SPACE TO, 43 ELM DRIVEOther, Leasehold	28 Jun 2019	£293,500	First Sale
20 ELM DRIVEDetached, FreeholdArea: 123 Sq.mtrAge: 2007 onwards	29 May 2019	£330,000	22.22%
	26 Jun 2015	£270,000	0.93%
	11 Jan 2013	£267,500	First Sale
1 ELM DRIVEDetached, FreeholdArea: 129.6 Sq.mtr	14 Jun 2018	£395,000	2.60%
	23 May 2017	£385,000	54.00%
	11 Nov 2011	£250,000	First Sale
12 ELM DRIVEDetached, FreeholdArea: 98.51 Sq.mtr	06 Oct 2017	£268,000	41.05%
12 ELM DRIVEDetached, FreeholdArea: 98.51 Sq.mtr	18 Sep 2009	£190,000	First Sale
35 ELM DRIVEDetached, FreeholdArea: 112.46 Sq.mtr	22 Sep 2017	£350,000	5.42%
35 ELM DRIVEDetached, FreeholdArea: 112.46 Sq.mtr	22 Jul 2016	£332,000	First Sale
22 ELM DRIVEDetached, FreeholdArea: 125 Sq.mtr	17 Feb 2017	£370,000	17.83%
	04 Sep 2015	£314,000	4.67%
	22 Oct 2010	£300,000	First Sale
9 ELM DRIVEFlat, LeaseholdArea: 68.18 Sq.mtr	04 Nov 2016	£167,500	First Sale
19 ELM DRIVEDetached, FreeholdArea: 136.9 Sq.mtr	22 Sep 2016	£375,000	27.12%
19 ELM DRIVEDetached, FreeholdArea: 136.9 Sq.mtr	20 Jan 2012	£295,000	First Sale
34 ELM DRIVETerraced, FreeholdArea: 136.9 Sq.mtr	05 Aug 2016	£325,000	10.17%
34 ELM DRIVETerraced, FreeholdArea: 136.9 Sq.mtr	04 Mar 2011	£295,000	First Sale
LANGFORD ELM DRIVEFlat, LeaseholdArea: 102 Sq.mtrAge: INVALID!	19 May 2016	£218,448	First Sale
TOTTINGTON ELM DRIVETerraced, FreeholdArea: 140 Sq.mtrAge: INVALID!	04 Sep 2015	£254,000	First Sale
STURSTON ELM DRIVETerraced, FreeholdArea: 90 Sq.mtrAge: INVALID!	04 Sep 2015	£210,000	First Sale
38 ELM DRIVETerraced, FreeholdArea: 95.96 Sq.mtr	19 Nov 2013	£110,870	-51.27%
38 ELM DRIVETerraced, FreeholdArea: 95.96 Sq.mtr	11 Feb 2011	£227,500	First Sale
15 ELM DRIVETerraced, FreeholdArea: 127.92 Sq.mtr	28 Sep 2012	£225,000	First Sale
11 ELM DRIVETerraced, FreeholdArea: 127.92 Sq.mtr	29 Jun 2012	£237,500	First Sale
3 ELM DRIVEDetached, FreeholdArea: 144 Sq.mtr	09 Dec 2011	£334,995	First Sale
41 ELM DRIVESemi-Detached, FreeholdArea: 95.96 Sq.mtr	28 Apr 2011	£220,000	First Sale
24 ELM DRIVEDetached, FreeholdArea: 125 Sq.mtr	29 Oct 2010	£317,500	First Sale
14 ELM DRIVEDetached, FreeholdArea: 125 Sq.mtr	24 Nov 2009	£250,000	First Sale
26 ELM DRIVEDetached, FreeholdArea: 112.46 Sq.mtr	13 Nov 2009	£319,995	First Sale
30 ELM DRIVEDetached, FreeholdArea: 72 Sq.mtr	29 May 2009	£330,000	First Sale

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

ELM DRIVE, IP31 3FG Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £153,423 median price is £151,500 Standard Deviation is £85,032 with Total Sold: 174
- The Last 5 Year average price is £273,316 with Total Sold: 29
- 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 , HARLEQUIN WATTISFIELD ROAD: £54,000 (Sold on 10 Feb 1995)
Detached
- The average price is around £283,378 median price is £267,500 Standard Deviation is £182,643 with Total Sold: 189
- The Last 5 Year average price is £411,970 with Total Sold: 33
- The most recent sale happened at this postcode is , CLEMATIS HOUSE THE STREET: £305,000 (Sold on 22 Jul 2024)
- 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 £238,779 median price is £190,000 Standard Deviation is £124,998 with Total Sold: 7
- The Last 5 Year average price is £246,112 with Total Sold: 4
- The most recent sale happened at this postcode is , LINTON HOUSE THE STREET: £160,000 (Sold on 20 May 2024)
- The first recorded sale happened at this postcode is , WILLOW TREE FARM PALMER STREET: £450,000 (Sold on 25 Jul 2016)
Terraced
- The average price is around £169,599 median price is £173,998 Standard Deviation is £83,759 with Total Sold: 106
- The Last 5 Year average price is £252,341 with Total Sold: 22
- 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 , THE MALTINGS, 6 THE MALTINGS: £101,000 (Sold on 29 Mar 1995)
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,000		2
2023	£271,250	£2,775	2
2022	£288,461	£3,346	9
2021	£297,400	£3,171	5
2020	£239,571	£3,396	7
2019	£283,375	£3,042	4
2018	£200,000	£1,905	1
2017	£249,312	£3,436	8
2016	£203,333	£2,560	3
2015	£178,125	£2,173	4
2014	£190,408	£2,222	6
2013	£140,000	£1,591	1
2012	£152,138	£2,327	8
2011	£181,900	£2,106	12
2010	£155,987	£2,002	3
2009	£162,699	£1,788	5
2007	£176,375	£2,183	4
2006	£168,056	£2,005	8
2005	£147,804	£1,776	7
2004	£129,000	£1,509	3
2003	£135,000	£2,292	10
2002	£108,330	£1,536	10
2001	£105,625	£1,537	8
2000	£62,986	£809	10
1999	£56,279	£696	7
1998	£69,491	£889	6
1997	£47,525	£828	5
1996	£50,990	£640	10
1995	£58,417	£565	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,000		1
2023	£356,250	£2,924	4
2022	£448,500	£3,591	5
2021	£447,222	£3,281	9
2020	£384,100	£2,255	5
2019	£408,556	£3,047	9
2018	£407,500	£2,476	4
2017	£353,000	£2,846	6
2016	£313,429	£2,730	7
2015	£476,800	£2,390	5
2014	£296,036	£2,385	7
2013	£353,499	£1,997	5
2012	£285,988	£2,065	4
2011	£312,090	£2,060	11
2010	£346,360	£2,321	10
2009	£241,698	£2,272	11
2008	£383,000	£1,727	5
2007	£247,333	£2,348	3
2006	£407,390	£2,067	5
2005	£138,333		3
2004	£247,179	£1,839	7
2003	£223,214	£1,971	7
2002	£253,250	£1,429	8
2001	£158,107	£1,065	7
2000	£141,900	£1,106	5
1999	£331,583	£856	6
1998	£108,333	£801	6
1997	£105,750	£784	10
1996	£95,062	£614	8
1995	£66,167	£487	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,000		1
2021	£352,000	£2,839	1
2019	£236,225	£3,139	2
2017	£118,500		2
2016	£450,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£252,333	£3,195	3
2023	£296,000	£3,225	3
2022	£263,833	£2,934	3
2021	£237,071	£2,901	7
2020	£283,500	£2,162	2
2019	£222,125	£2,236	4
2018	£186,000	£2,583	1
2017	£223,167	£2,747	6
2016	£261,667	£2,425	3
2015	£171,150	£2,186	5
2014	£179,800	£2,503	5
2013	£156,468	£1,649	4
2012	£215,900	£2,072	5
2011	£141,250	£1,733	2
2010	£188,623	£2,087	8
2009	£160,776	£2,041	9
2008	£122,000	£1,605	1
2007	£148,500	£1,904	2
2006	£127,650	£2,407	3
2005	£149,333	£1,366	3
2004	£111,250	£2,133	2
2003	£144,650	£2,499	3
2002	£113,375	£1,191	4
2001	£66,500	£1,045	2
1999	£58,998	£767	3
1998	£49,249	£588	4
1997	£50,850	£734	5
1996	£75,125		2
1995	£73,000	£592	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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 3FG area

The most common house types in the IP31 3FG postcode area are Detached (68), Terraced (47), and Semi-detached (44).

Total	163
Detached	68
Terraced	47
Semi-detached	44
Flat	2
Shared house	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (63), and Owned: Owns outright (57).

Owned: Owns with a mortgage or loan	63
Owned: Owns outright	57
Social rented: Rents from council or Local Authority	13
Social rented: Other social rented	9
Private rented: Private landlord or letting agency	9
Shared ownership: Shared ownership	5
Private rented: Other private rented	4
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IP31 3FG have 2 people in household (64), and 1 person in household (39).

2 people in household	64
1 person in household	39
3 people in household	32
4 people in household	22
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0