Housing Market Analysis for SCHOOL ROAD, IP31 3SP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £347,517 median price is £342,550 Standard Deviation is £81,725 with Total Sold: 3
    • The Last 5 Year average price is £396,275 with Total Sold: 2
    • 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 14 SCHOOL ROAD: £250,000 (Sold on 12 Jun 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3SP 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
2022£450,000 £4,688 1
2021£342,550 £4,507 1
2015£250,000 £3,289 1

All the Sales in the SCHOOL ROAD, IP31 3SP

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

AddressSold DatePrice% Change
12 SCHOOL ROADDetached, FreeholdArea: 96 Sq.mtrAge: 1976-198231 Mar 2022£450,000First Sale
14 SCHOOL ROADDetached, FreeholdArea: 76 Sq.mtrAge: 1967-197515 Oct 2021£342,55037.02%
12 Jun 2015£250,000First Sale

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

SCHOOL ROAD, IP31 3SP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £255,101 median price is £230,000 Standard Deviation is £168,197 with Total Sold: 538
    • The Last 5 Year average price is £384,181 with Total Sold: 108
    • 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 , 5 RECTORY GARDENS: £118,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £151,689 median price is £140,000 Standard Deviation is £94,909 with Total Sold: 409
    • The Last 5 Year average price is £269,618 with Total Sold: 83
    • 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 , 14 ST PETERS WAY: £53,000 (Sold on 08 Mar 1995)
  • Terraced
    • The average price is around £138,977 median price is £135,000 Standard Deviation is £75,912 with Total Sold: 314
    • The Last 5 Year average price is £241,910 with Total Sold: 57
    • The most recent sale happened at this postcode is , 9 RYLANDS CLOSE: £120,000 (Sold on 19 Dec 2023)
    • 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 £1,097,993 median price is £197,042 Standard Deviation is £2,199,574 with Total Sold: 10
    • The Last 5 Year average price is £214,361 with Total Sold: 7
    • 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 , THURSTON PLACE BEYTON ROAD: £1,850,000 (Sold on 19 Jul 2018)
  • Flat
    • The average price is around £121,835 median price is £122,500 Standard Deviation is £50,058 with Total Sold: 23
    • The Last 5 Year average price is £191,500 with Total Sold: 4
    • 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£361,125 £3,539 4
2023£395,250 £3,972 16
2022£395,714 £3,933 21
2021£377,577 £3,465 46
2020£388,278 £3,351 9
2019£379,167 £3,235 12
2018£465,853 £3,104 17
2017£411,389 £2,952 18
2016£370,639 £3,107 14
2015£321,290 £3,023 10
2014£408,684 £2,640 19
2013£261,000 £2,585 12
2012£263,300 £2,485 5
2011£280,310 £2,020 15
2010£356,194 £2,203 9
2009£280,500 £2,136 10
2008£284,749 £2,822 8
2007£293,517 £2,362 23
2006£262,583 £1,934 28
2005£254,100 £2,066 12
2004£215,616 £2,046 19
2003£201,296 £1,804 16
2002£170,585 £1,491 27
2001£227,830 £1,492 15
2000£134,132 £1,388 19
1999£115,993 £1,003 15
1998£107,030 £926 25
1997£80,780 £894 42
1996£89,614 £775 32
1995£80,085 £679 20
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£331,8005
2023£296,683 £3,900 15
2022£294,960 £3,871 11
2021£247,250 £3,430 30
2020£257,294 £3,284 17
2019£246,600 £2,916 5
2018£259,971 £3,339 7
2017£245,500 £3,206 10
2016£185,575 £2,827 6
2015£227,091 £2,687 11
2014£179,877 £2,380 11
2013£154,000 £2,269 8
2012£167,905 £2,414 11
2011£156,333 £1,937 15
2010£146,809 £2,024 11
2009£138,008 £1,899 6
2008£152,599 £2,048 7
2007£172,674 £2,485 14
2006£151,658 £2,397 12
2005£146,342 £1,939 13
2004£142,550 £1,923 10
2003£120,855 £2,011 21
2002£120,340 £1,547 16
2001£79,537 £1,185 17
2000£75,319 £911 18
1999£77,740 £897 20
1998£55,928 £745 14
1997£55,384 £766 22
1996£51,720 £806 17
1995£58,290 £720 29
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£247,481 £3,852 13
2022£260,567 £3,939 15
2021£257,231 £3,379 13
2020£201,000 £2,694 9
2019£215,732 £3,300 7
2018£207,068 £3,258 4
2017£214,500 £3,566 10
2016£198,442 £2,974 13
2015£220,833 £3,133 9
2014£165,556 £2,435 9
2013£147,900 £2,308 10
2012£149,369 £2,313 8
2011£145,714 £2,331 7
2010£144,167 £2,192 6
2009£132,614 £1,924 11
2008£142,000 £2,476 4
2007£162,488 £2,576 9
2006£140,444 £1,986 9
2005£126,500 £2,057 11
2004£127,069 £1,983 13
2003£105,262 £1,689 17
2002£94,688 £1,507 13
2001£73,353 £1,121 16
2000£75,200 £1,181 9
1999£61,756 £920 16
1998£51,205 £771 11
1997£50,607 £650 14
1996£45,645 £763 19
1995£51,766 £667 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£340,000 £4,121 1
2022£240,496 £2,776 2
2021£169,885 £2,708 4
2018£3,159,800 £38,697 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£240,000 £3,529 1
2021£175,000 £2,928 2
2020£176,0001
2018£165,000 £2,726 1
2012£122,500 £2,024 1
2010£144,833 £2,625 3
2009£110,000 £2,245 1
2008£80,000 £825 1
2007£180,000 £3,214 1
2005£146,500 £2,616 2
2003£87,000 £1,653 3
2001£79,500 £1,806 1
2000£79,750 £1,424 1
1999£47,500 £969 1
1996£61,148 £1,113 3

House Type in IP31 3SP area

The most common house types in the IP31 3SP postcode area are Detached (112), Semi-detached (34), and Terraced (14).

Total168
Detached112
Semi-detached34
Terraced14
Flat6
commercial building2
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright93
Owned: Owns with a mortgage or loan35
Social rented: Other social rented23
Private rented: Private landlord or letting agency6
Shared ownership: Shared ownership5
Private rented: Other private rented5
Social rented: Rents from council or Local Authority3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP31 3SP have 2 people in household (80), and 1 person in household (49).

2 people in household80
1 person in household49
3 people in household14
4 people in household14
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0