Housing Market Analysis for WHEATFIELDS, IP31 3TE

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £106,452 median price is £85,950 Standard Deviation is £57,505 with Total Sold: 24
- The Last 5 Year average price is £210,000 with Total Sold: 2
- The most recent sale happened at this postcode is 38 WHEATFIELDS: £215,000 (Sold on 30 Jun 2023)
- The first recorded sale happened at this postcode is 32 WHEATFIELDS: £57,000 (Sold on 31 May 1995)
Detached
- The average price is around £203,622 median price is £177,500 Standard Deviation is £117,454 with Total Sold: 16
- The Last 5 Year average price is £392,667 with Total Sold: 3
- The most recent sale happened at this postcode is 17 WHEATFIELDS: £375,000 (Sold on 09 Jan 2023)
- The first recorded sale happened at this postcode is 18 WHEATFIELDS: £47,950 (Sold on 03 Jul 1996)
Terraced
- The average price is around £116,337 median price is £120,500 Standard Deviation is £51,893 with Total Sold: 42
- The Last 5 Year average price is £177,333 with Total Sold: 3
- The most recent sale happened at this postcode is 16 WHEATFIELDS: £208,000 (Sold on 22 Mar 2021)
- The first recorded sale happened at this postcode is 6 WHEATFIELDS: £40,000 (Sold on 08 Nov 1995)
Other
- The average price is around £220,000 median price is £220,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £220,000 with Total Sold: 1
- The most recent sale happened at this postcode is 44 WHEATFIELDS: £220,000 (Sold on 05 Mar 2021)
- The first recorded sale happened at this postcode is 44 WHEATFIELDS: £220,000 (Sold on 05 Mar 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3TE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£215,000	£3,839	1
2021	£205,000	£3,534	1
2015	£210,000	£2,371	1
2010	£146,000	£2,517	1
2008	£144,995		1
2006	£159,725		2
2005	£145,375	£2,048	2
2004	£132,000		1
2003	£136,750	£1,544	1
2002	£99,950	£1,723	1
2000	£65,975	£1,034	2
1999	£58,000	£1,000	1
1998	£58,250	£728	2
1996	£46,000		1
1995	£50,417	£725	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£375,000	£3,505	1
2020	£488,000	£3,783	1
2019	£315,000	£3,500	1
2018	£298,000	£2,950	1
2014	£240,000	£2,667	1
2009	£150,000	£2,000	1
2007	£156,500	£2,087	1
2006	£232,500		1
2005	£250,000		1
2003	£172,000		1
2002	£95,000	£1,267	1
2001	£183,000	£1,419	1
1999	£90,000	£1,000	1
1998	£88,000		1
1997	£77,000		1
1996	£47,950	£639	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£208,000	£3,649	1
2020	£162,000	£2,554	2
2018	£218,000		1
2016	£215,000	£2,867	1
2014	£181,333	£2,513	3
2013	£152,000		1
2012	£149,488	£2,270	4
2011	£144,000	£2,520	1
2010	£146,500	£2,369	2
2008	£119,750	£1,194	2
2005	£113,375	£1,662	4
2004	£134,500	£1,635	2
2003	£115,500	£1,641	2
2002	£79,000	£1,096	2
2001	£74,040	£1,145	5
1999	£61,165	£901	3
1998	£53,167	£788	3
1997	£43,000	£455	2
1995	£40,000	£700	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£220,000	£3,852	1

All the Sales in the WHEATFIELDS, IP31 3TE

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

Address	Sold Date	Price	% Change
38 WHEATFIELDSSemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1983-1990	30 Jun 2023	£215,000	372.53%
	06 Jul 1995	£45,500	First Sale
17 WHEATFIELDSDetached, FreeholdArea: 107 Sq.mtrAge: 1983-1990	09 Jan 2023	£375,000	First Sale
40 WHEATFIELDSSemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1983-1990	10 Dec 2021	£205,000	40.41%
	18 Oct 2010	£146,000	6.96%
	18 Oct 2005	£136,500	36.57%
	16 Sep 2002	£99,950	72.33%
	14 May 1999	£58,000	First Sale
16 WHEATFIELDSTerraced, FreeholdArea: 57 Sq.mtrAge: 1983-1990	22 Mar 2021	£208,000	199.28%
	23 Feb 2001	£69,500	15.83%
	06 Dec 1999	£60,000	First Sale
44 WHEATFIELDSOther, FreeholdArea: 57.12 Sq.mtrAge: 1983-1990	05 Mar 2021	£220,000	26.44%
	12 Dec 2014	£174,000	20.83%
	17 Feb 2012	£144,000	10.77%
	17 Oct 2005	£130,000	73.33%
	12 Apr 2002	£75,000	First Sale
23 WHEATFIELDSDetached, FreeholdArea: 129 Sq.mtrAge: 1991-1995	23 Dec 2020	£488,000	166.67%
	21 Sep 2001	£183,000	First Sale
6 WHEATFIELDSTerraced, FreeholdArea: 57.14 Sq.mtrAge: 1983-1990	21 Dec 2020	£211,500	46.88%
	01 Aug 2011	£144,000	111.76%
	16 Mar 2001	£68,000	70.00%
	08 Nov 1995	£40,000	First Sale
22 WHEATFIELDSTerraced, LeaseholdArea: 80 Sq.mtrAge: 1983-1990	12 Aug 2020	£112,500	17.80%
	06 May 2008	£95,500	36.43%
	12 Jan 2005	£70,000	First Sale
21 WHEATFIELDSDetached, FreeholdArea: 90 Sq.mtrAge: 1983-1990	01 Mar 2019	£315,000	31.25%
	07 Jul 2014	£240,000	166.67%
	21 May 1999	£90,000	First Sale
3 WHEATFIELDSDetached, FreeholdArea: 101 Sq.mtrAge: 1983-1990	20 Jul 2018	£298,000	First Sale
8 WHEATFIELDSTerraced, Freehold	04 May 2018	£218,000	43.42%
	25 Oct 2013	£152,000	4.83%
	07 Nov 2008	£144,995	14.17%
	22 Apr 2005	£127,000	7.63%
	12 Dec 2003	£118,000	110.71%
	30 Oct 1998	£56,000	First Sale
18 WHEATFIELDSTerraced, FreeholdArea: 75 Sq.mtrAge: 1983-1990	01 Jul 2016	£215,000	43.33%
	24 Apr 2009	£150,000	-4.15%
	20 Apr 2007	£156,500	64.74%
	22 Feb 2002	£95,000	98.12%
	03 Jul 1996	£47,950	First Sale
34 WHEATFIELDSSemi-Detached, FreeholdArea: 88.558 Sq.mtrAge: 1983-1990	13 Aug 2015	£210,000	36.14%
	14 Dec 2005	£154,250	12.80%
	30 May 2003	£136,750	112.02%
	17 Apr 1998	£64,500	8.40%
	18 Aug 1995	£59,500	First Sale
20 WHEATFIELDSTerraced, FreeholdArea: 74.16 Sq.mtrAge: 1983-1990	28 Oct 2014	£180,000	15.38%
	08 Feb 2012	£156,000	6.85%
	17 Sep 2004	£146,000	95.97%
	02 Apr 2001	£74,500	First Sale
12 WHEATFIELDSTerraced, FreeholdArea: 92 Sq.mtrAge: 1983-1990	24 Jan 2014	£190,000	159.39%
	30 Mar 2001	£73,250	31.98%
	27 May 1999	£55,500	First Sale
30 WHEATFIELDSTerraced, FreeholdArea: 65 Sq.mtrAge: 1983-1990	01 Oct 2012	£149,950	120.53%
	10 Dec 1999	£67,995	First Sale
24 WHEATFIELDSTerraced, FreeholdArea: 68.88 Sq.mtrAge: 1991-1995	02 Apr 2012	£148,000	0.0
	26 Mar 2010	£148,000	17.00%
	03 Feb 2005	£126,500	11.95%
	24 Jan 2003	£113,000	128.28%
	17 Jul 1998	£49,500	First Sale
42 WHEATFIELDSTerraced, FreeholdArea: 56 Sq.mtrAge: 1983-1990	20 Sep 2010	£145,000	70.69%
	20 Dec 2001	£84,950	First Sale
26 WHEATFIELDSTerraced, Freehold	31 Mar 2008	£144,000	First Sale
5 WHEATFIELDSDetached, Freehold	24 Nov 2006	£232,500	First Sale
32 WHEATFIELDSSemi-Detached, Freehold	26 Sep 2006	£174,500	206.14%
32 WHEATFIELDSSemi-Detached, Freehold	31 May 1995	£57,000	First Sale
36 WHEATFIELDSSemi-Detached, Freehold	21 Jul 2006	£144,950	9.81%
	08 Oct 2004	£132,000	153.85%
	27 Nov 1998	£52,000	First Sale
29 WHEATFIELDSDetached, Freehold	21 Dec 2005	£250,000	First Sale
28 WHEATFIELDSTerraced, FreeholdArea: 94.5 Sq.mtrAge: 1996-2002	21 Jul 2004	£123,000	48.19%
	19 Apr 2002	£83,000	93.02%
	20 Jun 1997	£43,000	0.0
	27 Mar 1997	£43,000	First Sale
19 WHEATFIELDSDetached, Freehold	29 Aug 2003	£172,000	123.38%
19 WHEATFIELDSDetached, Freehold	19 Sep 1997	£77,000	First Sale
4 WHEATFIELDSSemi-Detached, Freehold	19 Jul 2000	£71,950	56.41%
4 WHEATFIELDSSemi-Detached, Freehold	20 Dec 1996	£46,000	First Sale
14 WHEATFIELDSSemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1983-1990	21 Mar 2000	£60,000	50.00%
	22 Sep 1995	£40,000	First Sale
10 WHEATFIELDSTerraced, FreeholdArea: 63 Sq.mtrAge: 1991-1995	08 May 1998	£54,000	First Sale
7 WHEATFIELDSDetached, Freehold	09 Jan 1998	£88,000	First Sale
2 WHEATFIELDSSemi-Detached, Freehold	02 Oct 1995	£48,000	-8.57%
2 WHEATFIELDSSemi-Detached, Freehold	30 Jun 1995	£52,500	First Sale

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

WHEATFIELDS, IP31 3TE Near By properties

Interactive Map

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

Detached
- The average price is around £253,941 median price is £236,000 Standard Deviation is £156,269 with Total Sold: 739
- The Last 5 Year average price is £389,933 with Total Sold: 141
- 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 , 6 BIRCH ROAD: £67,500 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £150,356 median price is £142,000 Standard Deviation is £92,684 with Total Sold: 482
- The Last 5 Year average price is £277,453 with Total Sold: 89
- 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 £138,582 median price is £137,000 Standard Deviation is £76,125 with Total Sold: 320
- The Last 5 Year average price is £244,089 with Total Sold: 59
- 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 £859,986 median price is £230,000 Standard Deviation is £2,015,558 with Total Sold: 12
- The Last 5 Year average price is £269,043 with Total Sold: 10
- 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 £130,953 median price is £144,000 Standard Deviation is £51,467 with Total Sold: 17
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£361,583	£3,539	6
2023	£406,042	£3,811	24
2022	£418,362	£3,857	29
2021	£376,992	£3,411	57
2020	£370,417	£3,348	12
2019	£384,615	£3,218	13
2018	£449,656	£3,328	32
2017	£424,327	£3,055	26
2016	£366,968	£3,276	18
2015	£303,533	£2,948	12
2014	£371,062	£2,865	24
2013	£276,428	£2,521	14
2012	£244,444	£2,543	9
2011	£289,368	£2,209	19
2010	£328,672	£2,145	16
2009	£265,857	£2,034	14
2008	£302,091	£2,758	11
2007	£272,655	£2,385	34
2006	£272,011	£1,941	33
2005	£234,499	£2,122	26
2004	£222,915	£1,974	27
2003	£200,509	£1,774	25
2002	£168,631	£1,650	32
2001	£159,219	£1,377	18
2000	£140,375	£1,335	28
1999	£119,568	£1,061	27
1998	£110,121	£886	31
1997	£81,473	£840	48
1996	£86,491	£734	41
1995	£77,847	£692	33

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£331,800		5
2023	£311,779	£3,947	17
2022	£309,582	£3,789	13
2021	£251,952	£3,412	31
2020	£259,062	£3,279	16
2019	£250,571	£3,068	7
2018	£257,073	£3,226	11
2017	£227,000	£3,128	10
2016	£200,438	£3,195	8
2015	£228,667	£2,729	12
2014	£181,815	£2,399	13
2013	£152,214	£2,251	7
2012	£167,905	£2,414	11
2011	£146,000	£2,090	15
2010	£149,710	£2,070	12
2009	£160,254	£1,955	12
2008	£153,899	£2,173	8
2007	£173,337	£2,456	16
2006	£150,126	£2,315	19
2005	£148,250	£1,943	13
2004	£150,778	£1,913	18
2003	£123,838	£1,972	25
2002	£111,247	£1,527	18
2001	£82,482	£1,199	20
2000	£77,313	£941	22
1999	£74,486	£895	25
1998	£56,666	£762	15
1997	£56,198	£734	25
1996	£53,258	£755	23
1995	£53,097	£730	35

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,750	£3,367	2
2023	£251,062	£3,903	12
2022	£260,567	£3,939	15
2021	£260,800	£3,296	15
2020	£201,650	£2,792	10
2019	£206,000	£3,234	5
2018	£216,692	£3,232	4
2017	£211,889	£3,501	9
2016	£197,679	£2,883	14
2015	£220,833	£3,067	9
2014	£163,177	£2,473	11
2013	£148,495	£2,401	10
2012	£148,172	£2,384	9
2011	£148,000	£2,399	7
2010	£143,600	£2,383	5
2009	£132,614	£1,924	11
2008	£133,500	£2,049	4
2007	£154,129	£2,447	7
2006	£141,400	£1,972	10
2005	£126,777	£1,942	9
2004	£127,579	£1,975	12
2003	£104,879	£1,625	17
2002	£95,693	£1,486	15
2001	£74,012	£1,177	16
2000	£72,559	£1,159	11
1999	£61,797	£952	16
1998	£52,825	£804	10
1997	£50,300	£626	15
1996	£45,583	£759	21
1995	£51,322	£716	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£340,000	£4,121	1
2022	£240,330	£2,102	3
2021	£185,908	£2,343	5
2019	£699,900		1
2018	£3,814,700	£73,775	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£240,000	£3,529	1
2021	£175,000	£2,928	2
2020	£176,000		1
2017	£130,000	£2,549	1
2010	£144,833	£2,625	3
2008	£80,000	£825	1
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 3TE area

The most common house types in the IP31 3TE postcode area are Detached (80), Semi-detached (35), and Terraced (30).

Total	146
Detached	80
Semi-detached	35
Terraced	30
commercial building	1
Flat	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	60
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IP31 3TE have 2 people in household (52), and 1 person in household (40).

2 people in household	52
1 person in household	40
4 people in household	25
3 people in household	20
5 people in household	4
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0