Housing Market Analysis for POST OFFICE LANE, IP31 3RW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £204,500 median price is £227,000 Standard Deviation is £105,839 with Total Sold: 7
    • The most recent sale happened at this postcode is 1 POST OFFICE LANE: £300,000 (Sold on 23 Aug 2017)
    • The first recorded sale happened at this postcode is TOP COTTAGE POST OFFICE LANE: £75,000 (Sold on 03 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3RW 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£341,250 £2,853 2
2008£230,000 £2,323 1
2006£227,000 £2,293 1
2002£133,500 £934 1
1998£83,500 £843 1
1997£75,0001

All the Sales in the POST OFFICE LANE, IP31 3RW

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

AddressSold DatePrice% Change
1 POST OFFICE LANEDetached, FreeholdArea: 99 Sq.mtrAge: 1976-198223 Aug 2017£300,00030.43%
06 Jun 2008£230,0001.32%
20 Oct 2006£227,000171.86%
14 Aug 1998£83,500First Sale
2 POST OFFICE LANEDetached, FreeholdArea: 143 Sq.mtrAge: 1976-198204 Jul 2017£382,500186.52%
15 Feb 2002£133,500First Sale
TOP COTTAGE POST OFFICE LANEDetached, Freehold03 Nov 1997£75,000First Sale

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

POST OFFICE LANE, IP31 3RW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £184,355 median price is £172,500 Standard Deviation is £105,475 with Total Sold: 97
    • The Last 5 Year average price is £317,718 with Total Sold: 16
    • The most recent sale happened at this postcode is , 21 SCHOOL ROAD: £450,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 14 ST PETERS WAY: £53,000 (Sold on 08 Mar 1995)
  • Terraced
    • The average price is around £137,772 median price is £135,500 Standard Deviation is £68,269 with Total Sold: 92
    • The Last 5 Year average price is £235,202 with Total Sold: 13
    • The most recent sale happened at this postcode is , 6 ST PETERS WAY: £222,000 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is , 7 SCHOOL ROAD: £44,995 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £394,167 median price is £357,500 Standard Deviation is £219,946 with Total Sold: 3
    • The Last 5 Year average price is £394,167 with Total Sold: 3
    • The most recent sale happened at this postcode is , 20 BIRCH ROAD: £357,500 (Sold on 07 Apr 2022)
    • The first recorded sale happened at this postcode is , STOCKHOLD GREEN FARM COTTAGE STOCKHOLD GREEN: £680,000 (Sold on 04 May 2021)
  • Detached
    • The average price is around £263,234 median price is £220,500 Standard Deviation is £179,590 with Total Sold: 109
    • The Last 5 Year average price is £455,004 with Total Sold: 13
    • The most recent sale happened at this postcode is , 12 SCHOOL ROAD: £450,000 (Sold on 31 Mar 2022)
    • The first recorded sale happened at this postcode is , 5 RECTORY GARDENS: £118,000 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £106,889 median price is £94,500 Standard Deviation is £39,343 with Total Sold: 9
    • The Last 5 Year average price is £176,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , GROUND FLOOR FLAT, 24 SCHOOL ROAD: £176,000 (Sold on 06 Mar 2020)
    • The first recorded sale happened at this postcode is , FLAT 2 ST PETERS WAY: £47,500 (Sold on 14 Dec 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£392,5002
2023£324,500 £3,259 2
2022£362,625 £3,850 4
2021£293,000 £3,338 5
2020£234,498 £3,184 2
2019£265,000 £2,431 1
2018£268,250 £3,084 4
2017£335,312 £2,896 4
2016£182,450 £1,806 1
2015£236,750 £2,544 6
2014£201,600 £2,231 5
2013£166,500 £2,379 1
2012£166,112 £2,010 4
2011£228,000 £1,731 4
2010£149,000 £1,773 4
2009£161,000 £2,005 1
2008£265,000 £1,636 1
2007£183,333 £2,648 3
2006£142,667 £1,566 3
2005£161,639 £1,931 5
2004£193,7502
2003£141,500 £1,741 1
2002£176,250 £1,386 4
2001£81,650 £806 4
2000£81,738 £646 4
1999£70,505 £560 5
1998£59,749 £688 4
1997£51,667 £643 6
1995£86,700 £531 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£229,750 £3,423 4
2022£266,500 £3,331 1
2021£205,000 £3,904 2
2020£260,000 £3,409 3
2019£227,375 £3,069 3
2018£197,250 £3,147 2
2017£205,200 £3,568 5
2016£214,688 £3,055 4
2015£178,875 £3,088 4
2014£153,750 £2,299 4
2013£147,500 £2,049 2
2011£140,000 £1,623 2
2010£148,500 £1,841 2
2009£142,500 £2,249 1
2008£180,000 £3,673 1
2007£177,498 £2,756 4
2006£141,624 £1,826 4
2005£135,125 £2,293 4
2004£106,817 £1,763 3
2003£106,812 £1,602 8
2002£101,167 £1,637 3
2001£76,489 £961 5
2000£115,150 £1,152 1
1999£58,800 £809 2
1998£49,250 £777 6
1997£54,333 £698 6
1996£47,500 £803 3
1995£46,165 £600 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£357,500 £3,082 1
2021£412,500 £6,182 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£642,500 £4,380 2
2021£379,183 £4,055 3
2020£558,125 £3,363 4
2019£315,000 £3,165 4
2018£381,000 £3,248 4
2017£389,375 £2,959 4
2016£307,675 £2,762 4
2015£349,057 £2,906 7
2014£379,000 £2,310 5
2013£201,500 £2,960 4
2011£329,162 £4,904 4
2008£214,998 £2,323 2
2007£312,110 £2,811 8
2006£189,990 £2,119 5
2005£450,000 £2,500 2
2004£258,200 £2,040 5
2003£249,833 £2,407 3
2002£173,074 £1,345 6
2001£112,000 £1,519 2
2000£160,786 £1,439 7
1999£171,500 £964 4
1998£81,900 £953 5
1997£103,738 £1,014 8
1996£155,7504
1995£83,500 £634 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£176,0001
2018£165,000 £2,726 1
2012£122,500 £2,024 1
2009£110,000 £2,245 1
2008£80,000 £825 1
2003£87,000 £1,653 3
1999£47,500 £969 1

House Type in IP31 3RW area

The most common house types in the IP31 3RW postcode area are Semi-detached (93), Detached (38), and Terraced (18).

Total149
Semi-detached93
Detached38
Terraced18
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 (55), and Owned: Owns with a mortgage or loan (48).

Owned: Owns outright55
Owned: Owns with a mortgage or loan48
Social rented: Rents from council or Local Authority25
Private rented: Private landlord or letting agency13
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the IP31 3RW have 2 people in household (53), and 1 person in household (42).

2 people in household53
1 person in household42
3 people in household22
4 people in household21
5 people in household7
8 or more people in household2
0 people in household0
6 people in household0
7 people in household0