Housing Market Analysis for OAKWOOD DRIVE, IP31 3GB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £332,250 median price is £272,000 Standard Deviation is £108,444 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 OAKWOOD DRIVE: £520,000 (Sold on 11 Jan 2017)
    • The first recorded sale happened at this postcode is 5 OAKWOOD DRIVE: £265,000 (Sold on 20 Oct 2006)
  • Semi-Detached
    • The average price is around £186,750 median price is £187,250 Standard Deviation is £8,128 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 OAKWOOD DRIVE: £197,500 (Sold on 26 Apr 2013)
    • The first recorded sale happened at this postcode is 7 OAKWOOD DRIVE: £175,000 (Sold on 27 Nov 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3GB 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
2017£520,000 £2,488 1
2014£272,000 £2,430 2
2006£265,000 £1,268 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£193,500 £2,270 2
2012£180,000 £2,143 2

All the Sales in the OAKWOOD DRIVE, IP31 3GB

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

AddressSold DatePrice% Change
5 OAKWOOD DRIVEDetached, FreeholdArea: 209 Sq.mtr11 Jan 2017£520,00096.23%
20 Oct 2006£265,000First Sale
6 OAKWOOD DRIVEDetached, FreeholdArea: 109 Sq.mtrAge: 1967-197513 Aug 2014£270,000First Sale
3 OAKWOOD DRIVEDetached, FreeholdArea: 115 Sq.mtrAge: 1967-197525 Jul 2014£274,000First Sale
1 OAKWOOD DRIVESemi-Detached, FreeholdArea: 87 Sq.mtr26 Apr 2013£197,500First Sale
2 OAKWOOD DRIVESemi-Detached, Freehold28 Mar 2013£189,500First Sale
8 OAKWOOD DRIVESemi-Detached, FreeholdArea: 84 Sq.mtr27 Nov 2012£185,000First Sale
7 OAKWOOD DRIVESemi-Detached, FreeholdArea: 84 Sq.mtr27 Nov 2012£175,000First Sale

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

OAKWOOD DRIVE, IP31 3GB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £254,809 median price is £236,000 Standard Deviation is £156,437 with Total Sold: 747
    • The Last 5 Year average price is £390,880 with Total Sold: 145
    • The most recent sale happened at this postcode is , 2 SANDPIT DRIVE: £380,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 11 THE HAWTHORNS: £77,950 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £147,207 median price is £137,375 Standard Deviation is £90,865 with Total Sold: 420
    • The Last 5 Year average price is £269,222 with Total Sold: 78
    • The most recent sale happened at this postcode is , 15 RYEFIELDS: £224,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 19 CLOVERFIELDS: £47,000 (Sold on 10 Mar 1995)
  • Terraced
    • The average price is around £138,767 median price is £137,000 Standard Deviation is £77,854 with Total Sold: 275
    • The Last 5 Year average price is £244,637 with Total Sold: 53
    • The most recent sale happened at this postcode is , 26 PARTRIDGE CLOSE: £264,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 27 NEW GREEN AVENUE: £44,500 (Sold on 10 Jan 1995)
  • Other
    • The average price is around £981,733 median price is £230,000 Standard Deviation is £2,187,185 with Total Sold: 10
    • The Last 5 Year average price is £273,491 with Total Sold: 8
    • The most recent sale happened at this postcode is , 37 HOWES AVENUE: £340,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is , EMERALD HOUSE NORTON ROAD: £7,525,000 (Sold on 28 Sep 2018)
  • Flat
    • The average price is around £131,346 median price is £144,000 Standard Deviation is £51,899 with Total Sold: 15
    • The Last 5 Year average price is £196,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 42 MEADOW BROWN WAY: £240,000 (Sold on 24 Jun 2022)
    • The first recorded sale happened at this postcode is , 8 FIELD VIEW: £59,995 (Sold on 12 Jun 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£361,583 £3,539 6
2023£408,800 £3,787 25
2022£416,650 £3,867 30
2021£377,734 £3,432 58
2020£375,385 £3,323 13
2019£384,615 £3,218 13
2018£452,500 £3,315 32
2017£418,482 £3,101 28
2016£370,302 £3,276 18
2015£297,409 £2,939 11
2014£374,396 £2,853 24
2013£283,571 £2,416 14
2012£244,065 £2,518 10
2011£289,368 £2,209 19
2010£321,691 £2,203 17
2009£265,857 £2,034 14
2008£302,091 £2,758 11
2007£278,819 £2,346 31
2006£273,824 £1,940 32
2005£239,307 £2,099 26
2004£219,632 £1,963 28
2003£200,635 £1,759 24
2002£170,538 £1,667 32
2001£157,593 £1,341 21
2000£140,192 £1,291 26
1999£122,571 £1,061 26
1998£111,525 £886 30
1997£81,271 £820 48
1996£87,333 £731 41
1995£79,583 £743 39
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£291,3333
2023£310,083 £4,119 15
2022£289,406 £3,725 10
2021£247,793 £3,457 29
2020£260,333 £3,298 15
2019£248,167 £3,174 6
2018£252,350 £3,256 8
2017£224,444 £3,195 9
2016£205,111 £3,300 9
2015£231,167 £2,837 9
2014£169,789 £2,500 9
2013£152,214 £2,251 7
2012£168,000 £2,563 9
2011£141,769 £2,119 13
2010£152,836 £2,164 9
2009£160,186 £1,950 11
2008£138,028 £2,308 7
2007£171,030 £2,435 13
2006£153,494 £2,377 17
2005£147,225 £1,964 10
2004£150,778 £1,913 18
2003£123,178 £1,992 25
2002£105,746 £1,642 14
2001£80,126 £1,280 17
2000£77,734 £1,009 19
1999£76,082 £955 22
1998£55,545 £787 11
1997£57,045 £777 21
1996£52,293 £794 22
1995£53,300 £746 33
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,750 £3,367 2
2023£251,075 £4,041 10
2022£260,143 £3,982 14
2021£260,800 £3,296 15
2020£193,938 £2,721 8
2019£207,000 £3,416 4
2018£216,257 £3,502 3
2017£213,143 £3,537 7
2016£196,875 £2,906 12
2015£244,500 £3,058 6
2014£166,244 £2,558 8
2013£148,217 £2,404 9
2012£148,172 £2,384 9
2011£148,000 £2,493 6
2010£143,600 £2,383 5
2009£131,625 £1,884 10
2008£133,500 £2,049 4
2007£154,129 £2,447 7
2006£141,250 £2,118 6
2005£125,187 £1,904 8
2004£133,768 £2,090 11
2003£101,632 £1,709 11
2002£93,877 £1,474 13
2001£72,208 £1,216 13
2000£72,559 £1,159 11
1999£61,797 £952 16
1998£53,219 £803 8
1997£50,385 £625 13
1996£45,145 £755 19
1995£52,771 £738 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£340,000 £4,121 1
2022£181,746 £1,612 2
2021£196,135 £2,343 4
2019£699,9001
2018£3,814,700 £73,775 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£240,000 £3,529 1
2021£175,000 £2,928 2
2017£130,000 £2,549 1
2010£144,833 £2,625 3
2007£180,000 £3,214 1
2005£146,500 £2,616 2
2001£79,500 £1,806 1
2000£79,750 £1,424 1
1996£61,148 £1,113 3

House Type in IP31 3GB area

The most common house types in the IP31 3GB postcode area are Detached (42), Semi-detached (42), and Terraced (33).

Total140
Detached42
Semi-detached42
Terraced33
Flat18
Shared house2
commercial building2
converted building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (54), and Private rented: Private landlord or letting agency (46).

Owned: Owns with a mortgage or loan54
Private rented: Private landlord or letting agency46
Owned: Owns outright35
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 3GB have 1 person in household (49), and 2 people in household (47).

1 person in household49
2 people in household47
3 people in household22
4 people in household20
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0