Housing Market Analysis for PROSPECT ROAD, IP31 3NH

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £159,735 median price is £170,000 Standard Deviation is £89,588 with Total Sold: 23
    • The Last 5 Year average price is £320,833 with Total Sold: 3
    • The most recent sale happened at this postcode is SUSSEX HOUSE PROSPECT ROAD: £405,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is 2 PROSPECT ROAD: £310,000 (Sold on 14 Jul 2023)
  • Terraced
    • The average price is around £108,725 median price is £91,475 Standard Deviation is £50,960 with Total Sold: 4
    • The most recent sale happened at this postcode is 39 PROSPECT ROAD: £192,000 (Sold on 15 Dec 2015)
    • The first recorded sale happened at this postcode is 43 PROSPECT ROAD: £59,950 (Sold on 25 Apr 2000)
  • Detached
    • The average price is around £136,000 median price is £151,000 Standard Deviation is £38,635 with Total Sold: 3
    • The most recent sale happened at this postcode is KENT HOUSE PROSPECT ROAD: £174,000 (Sold on 27 May 2010)
    • The first recorded sale happened at this postcode is KENT HOUSE PROSPECT ROAD: £83,000 (Sold on 06 Feb 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3NH 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£405,0001
2020£247,500 £2,526 1
2018£244,950 £1,701 1
2015£179,250 £2,188 2
2013£175,000 £1,786 1
2010£175,000 £1,662 1
2008£203,0001
2007£174,0001
2006£175,000 £1,635 3
2005£172,500 £1,659 1
2004£162,000 £1,538 1
2003£142,0001
2001£32,4001
2000£67,903 £846 3
1998£68,500 £659 1
1997£48,0001
1996£26,8451
2023£310,000 £2,981 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£192,000 £2,065 1
2009£76,0001
2003£106,950 £1,150 1
2000£59,9501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£174,000 £1,776 1
2009£151,000 £1,541 1
2001£83,000 £847 1

All the Sales in the PROSPECT ROAD, IP31 3NH

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

AddressSold DatePrice% Change
SUSSEX HOUSE PROSPECT ROADSemi-Detached, Freehold27 Jun 2024£405,000First Sale
KENT HOUSE PROSPECT ROADSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1996-200207 Aug 2020£247,50041.43%
01 Nov 2013£175,0000.57%
27 May 2010£174,00015.23%
13 Jan 2009£151,00081.93%
06 Feb 2001£83,000First Sale
27 PROSPECT ROADSemi-Detached, FreeholdArea: 144 Sq.mtrAge: 1950-196626 Oct 2018£244,950First Sale
39 PROSPECT ROADTerraced, FreeholdArea: 93 Sq.mtrAge: 1950-196615 Dec 2015£192,00079.52%
31 Oct 2003£106,950First Sale
33 PROSPECT ROADSemi-Detached, Freehold20 Nov 2015£166,000412.35%
12 Mar 2001£32,400First Sale
8 PROSPECT ROADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196621 Aug 2015£192,500First Sale
9 PROSPECT ROADSemi-Detached, FreeholdArea: 105.3 Sq.mtrAge: 1950-196624 Sep 2010£175,0008.02%
07 Jun 2004£162,000First Sale
37 PROSPECT ROADTerraced, Freehold14 Dec 2009£76,000First Sale
15 PROSPECT ROADSemi-Detached, Freehold21 Jul 2008£203,00020.83%
21 Jul 2006£168,000102.41%
03 Nov 2000£83,000209.18%
14 Jun 1996£26,845First Sale
1 PROSPECT ROADSemi-Detached, Freehold21 Dec 2007£174,000262.50%
07 Feb 1997£48,000First Sale
7 PROSPECT ROADSemi-Detached, Freehold10 Nov 2006£187,00031.69%
31 Oct 2003£142,000First Sale
2 PROSPECT ROADSemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1967-197524 Mar 2006£170,000-1.45%
19 May 2005£172,50096.13%
29 Sep 2000£87,95028.39%
23 Oct 1998£68,500-77.90%
14 Jul 2023£310,000First Sale
12 PROSPECT ROADSemi-Detached, Freehold30 Oct 2000£32,760First Sale
43 PROSPECT ROADTerraced, Freehold25 Apr 2000£59,950First Sale

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

PROSPECT ROAD, IP31 3NH Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £165,164 median price is £171,250 Standard Deviation is £88,428 with Total Sold: 36
    • The Last 5 Year average price is £279,500 with Total Sold: 5
    • The most recent sale happened at this postcode is , SUSSEX HOUSE PROSPECT ROAD: £405,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , 15 PROSPECT ROAD: £26,845 (Sold on 14 Jun 1996)
  • Terraced
    • The average price is around £98,986 median price is £90,000 Standard Deviation is £40,301 with Total Sold: 7
    • The Last 5 Year average price is £90,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 4 THE HORSESHOES: £90,000 (Sold on 24 Jun 2024)
    • The first recorded sale happened at this postcode is , 43 PROSPECT ROAD: £59,950 (Sold on 25 Apr 2000)
  • Detached
    • The average price is around £316,702 median price is £280,000 Standard Deviation is £164,395 with Total Sold: 47
    • The Last 5 Year average price is £498,571 with Total Sold: 7
    • The most recent sale happened at this postcode is , ELGAN HOUSE ASHFIELD ROAD: £645,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , BLEABERRY HOUSE ASHFIELD ROAD: £117,500 (Sold on 12 Oct 1995)
  • Flat
    • The average price is around £174,250 median price is £180,000 Standard Deviation is £43,973 with Total Sold: 3
    • The Last 5 Year average price is £180,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 9 THE HORSESHOES: £180,000 (Sold on 26 Oct 2022)
    • The first recorded sale happened at this postcode is , 9 THE HORSESHOES: £117,750 (Sold on 30 Apr 2007)
  • Other
    • The average price is around £191,667 median price is £185,000 Standard Deviation is £13,123 with Total Sold: 3
    • The Last 5 Year average price is £195,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , FIELDFARE ASHFIELD ROAD: £180,000 (Sold on 25 Nov 2020)
    • The first recorded sale happened at this postcode is , HAYFIELD HOUSE ASHFIELD ROAD: £185,000 (Sold on 21 Dec 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£405,0001
2023£310,000 £2,981 1
2021£217,500 £2,325 2
2020£247,500 £2,526 1
2018£286,650 £2,569 3
2015£179,250 £2,188 2
2013£125,000 £1,345 2
2011£188,500 £1,923 1
2010£175,000 £1,662 1
2008£199,000 £1,822 2
2007£108,167 £928 3
2006£177,000 £1,751 4
2005£172,500 £1,659 1
2004£168,500 £1,538 2
2003£142,0001
2002£127,500 £1,351 2
2001£32,4001
2000£67,903 £846 3
1998£68,500 £659 1
1997£48,0001
1996£26,8451
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,0001
2021£90,000 £1,250 1
2017£78,000 £1,083 1
2015£192,000 £2,065 1
2009£76,0001
2003£106,950 £1,150 1
2000£59,9501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£645,0001
2022£615,000 £4,020 1
2021£481,250 £2,855 4
2020£305,000 £3,675 1
2017£489,167 £2,564 3
2016£435,000 £3,085 1
2015£339,333 £3,758 3
2014£379,583 £2,621 6
2013£445,000 £2,984 2
2012£375,000 £2,169 1
2010£247,000 £2,648 2
2009£151,000 £1,541 1
2007£309,750 £2,174 2
2006£331,500 £1,775 2
2005£250,0001
2004£250,000 £2,149 1
2003£250,0001
2002£257,250 £1,747 4
2001£109,500 £1,377 2
2000£149,5001
1999£137,500 £1,705 2
1997£230,000 £1,179 1
1996£71,250 £982 2
1995£104,750 £741 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£180,000 £2,118 1
2018£225,000 £2,647 1
2007£117,750 £1,385 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£180,000 £1,176 1
2019£210,000 £1,364 1
2016£185,000 £898 1

House Type in IP31 3NH area

The most common house types in the IP31 3NH postcode area are Semi-detached (92), Detached (70), and Terraced (15).

Total178
Semi-detached92
Detached70
Terraced15
Flat1
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 (58), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright58
Owned: Owns with a mortgage or loan51
Social rented: Rents from council or Local Authority40
Private rented: Private landlord or letting agency11
Social rented: Other social rented9
Shared ownership: Shared ownership6
Private rented: Other private rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the IP31 3NH have 2 people in household (57), and 3 people in household (38).

2 people in household57
3 people in household38
1 person in household37
4 people in household35
5 people in household8
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0