Housing Market Analysis for BANKS WALK, IP33 2PA

Are you looking to understand IP33 2PA 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 West Suffolk postcode.

For the location information and nearby amenities in the IP33 2PA area, explore the IP33 2PA Area information page.
For comprehensive crime statistics in the IP33 2PA area, explore the IP33 2PA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP33 2PA postcode area, The average prices are as follows,

Flat
- The average price is around £145,107 median price is £150,000 Standard Deviation is £16,671 with Total Sold: 14
- The Last 5 Year average price is £160,600 with Total Sold: 5
- The most recent sale happened at this postcode is 32 BANKS WALK: £165,000 (Sold on 02 Oct 2023)
- The first recorded sale happened at this postcode is 30 BANKS WALK: £121,000 (Sold on 12 May 2014)
Terraced
- The average price is around £128,270 median price is £136,000 Standard Deviation is £51,471 with Total Sold: 35
- The Last 5 Year average price is £224,750 with Total Sold: 4
- The most recent sale happened at this postcode is 31 BANKS WALK: £226,000 (Sold on 25 Jul 2023)
- The first recorded sale happened at this postcode is 31 BANKS WALK: £44,500 (Sold on 17 May 1996)
Semi-Detached
- The average price is around £82,500 median price is £82,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 21 BANKS WALK: £82,500 (Sold on 08 Jan 2002)
- The first recorded sale happened at this postcode is 21 BANKS WALK: £82,500 (Sold on 08 Jan 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IP33 2PA 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£165,000	£2,047	1
2021	£160,000	£1,985	1
2020	£159,000	£2,227	2
2019	£160,000	£1,985	1
2018	£150,000	£2,226	3
2017	£143,000	£1,774	1
2016	£128,750	£2,238	2
2015	£128,500	£1,594	2
2014	£121,000	£1,635	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£228,000	£2,581	2
2019	£221,500	£2,576	2
2017	£100,000	£1,220	1
2014	£175,000	£2,011	1
2013	£165,000	£1,941	1
2012	£145,000	£1,726	1
2011	£136,000	£1,604	2
2010	£153,000	£1,968	2
2009	£134,000	£1,576	1
2008	£152,500	£1,733	1
2007	£151,500	£1,824	2
2006	£152,648	£1,657	3
2005	£139,083	£1,646	3
2003	£119,000	£1,391	2
2002	£85,950		1
2001	£82,500	£987	1
2000	£78,450	£917	2
1999	£63,735	£818	4
1998	£54,000	£557	1
1997	£45,950	£541	1
1996	£44,500	£549	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£82,500	£829	1

All the Sales in the BANKS WALK, IP33 2PA

See the table below for more details on the sold house prices in the IP33 2PA, West Suffolk postcode.

Address	Sold Date	Price	% Change
32 BANKS WALKFlat, LeaseholdArea: 80.6 Sq.mtrAge: 1967-1975	02 Oct 2023	£165,000	3.12%
	20 Sep 2021	£160,000	11.89%
	05 Jul 2017	£143,000	First Sale
31 BANKS WALKTerraced, FreeholdArea: 81 Sq.mtrAge: 1976-1982	25 Jul 2023	£226,000	407.87%
	17 May 1996	£44,500	First Sale
2 BANKS WALKTerraced, FreeholdArea: 97 Sq.mtrAge: 1967-1975	04 Apr 2023	£230,000	56.52%
	24 Mar 2006	£146,950	172.13%
	30 Apr 1998	£54,000	First Sale
30 BANKS WALKFlat, LeaseholdArea: 74 Sq.mtrAge: 1967-1975	27 Mar 2020	£157,000	29.75%
30 BANKS WALKFlat, LeaseholdArea: 74 Sq.mtrAge: 1967-1975	12 May 2014	£121,000	First Sale
24 BANKS WALKFlat, LeaseholdArea: 69 Sq.mtrAge: 1976-1982	06 Mar 2020	£161,000	15.00%
24 BANKS WALKFlat, LeaseholdArea: 69 Sq.mtrAge: 1976-1982	27 May 2016	£140,000	First Sale
10 BANKS WALKTerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	01 Nov 2019	£220,000	49.41%
	02 Dec 2005	£147,250	First Sale
25 BANKS WALKTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	29 Oct 2019	£223,000	35.15%
	17 Jan 2013	£165,000	6.45%
	19 Jan 2007	£155,000	237.32%
	14 Mar 1997	£45,950	First Sale
22 BANKS WALKFlat, LeaseholdArea: 80.6 Sq.mtrAge: 1967-1975	26 Sep 2019	£160,000	30.08%
22 BANKS WALKFlat, LeaseholdArea: 80.6 Sq.mtrAge: 1967-1975	03 Feb 2015	£123,000	First Sale
26 BANKS WALKFlat, LeaseholdArea: 80.6 Sq.mtrAge: 1967-1975	07 Sep 2018	£160,000	First Sale
28 BANKS WALKFlat, LeaseholdArea: 80.6 Sq.mtrAge: 1967-1975	11 May 2018	£160,000	19.40%
28 BANKS WALKFlat, LeaseholdArea: 80.6 Sq.mtrAge: 1967-1975	24 Nov 2015	£134,000	First Sale
1A BANKS WALKFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	01 Feb 2018	£130,000	10.64%
1A BANKS WALKFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	16 Feb 2016	£117,500	First Sale
8 BANKS WALKTerraced, FreeholdArea: 82 Sq.mtrAge: 1967-1975	17 Mar 2017	£100,000	First Sale
14 BANKS WALKTerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	15 May 2014	£175,000	8.02%
	30 May 2006	£162,000	First Sale
4 BANKS WALKTerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	25 Jan 2012	£145,000	First Sale
23 BANKS WALKTerraced, FreeholdArea: 83.82 Sq.mtrAge: 1967-1975	10 Oct 2011	£147,000	9.70%
	05 May 2005	£134,000	83.57%
	12 Oct 1999	£72,995	First Sale
6 BANKS WALKTerraced, FreeholdArea: 85.9 Sq.mtrAge: 1976-1982	15 Feb 2011	£125,000	5.04%
	06 May 2003	£119,000	First Sale
17 BANKS WALKTerraced, FreeholdArea: 72.41 Sq.mtrAge: 1976-1982	29 Apr 2010	£149,000	136.53%
	10 Nov 1999	£62,995	First Sale
11 BANKS WALKTerraced, FreeholdArea: 83.6 Sq.mtrAge: 1976-1982	29 Jan 2010	£157,000	90.30%
	03 Aug 2001	£82,500	First Sale
29 BANKS WALKTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	15 Sep 2009	£134,000	12.61%
	31 Jan 2003	£119,000	52.66%
	27 Jun 2000	£77,950	First Sale
9 BANKS WALKTerraced, FreeholdArea: 88 Sq.mtrAge: 1976-1982	06 Oct 2008	£152,500	First Sale
15 BANKS WALKTerraced, Freehold	10 Jan 2007	£148,000	8.82%
15 BANKS WALKTerraced, Freehold	27 Sep 2005	£136,000	First Sale
12 BANKS WALKTerraced, Freehold	17 Jul 2006	£148,995	88.72%
12 BANKS WALKTerraced, Freehold	01 Aug 2000	£78,950	First Sale
19 BANKS WALKTerraced, Freehold	05 Apr 2002	£85,950	45.68%
19 BANKS WALKTerraced, Freehold	22 Oct 1999	£59,000	First Sale
21 BANKS WALKSemi-Detached, FreeholdArea: 99.47 Sq.mtrAge: 1967-1975	08 Jan 2002	£82,500	First Sale
20 BANKS WALKTerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	23 Jul 1999	£59,950	First Sale

Check out the sold house prices near the IP33 2PA postcode. Properties currently for saleProperties currently for rent

BANKS WALK, IP33 2PA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP33 2PA 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 IP33 2PA postcode.

Detached
- The average price is around £281,094 median price is £247,000 Standard Deviation is £199,304 with Total Sold: 293
- The Last 5 Year average price is £496,007 with Total Sold: 38
- The most recent sale happened at this postcode is , 10 PLOVERS WAY: £485,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 48 BURY PARK DRIVE: £66,000 (Sold on 22 Feb 1995)
Terraced
- The average price is around £140,445 median price is £145,000 Standard Deviation is £66,303 with Total Sold: 535
- The Last 5 Year average price is £234,145 with Total Sold: 78
- The most recent sale happened at this postcode is , 91 CAIE WALK: £227,500 (Sold on 01 May 2024)
- The first recorded sale happened at this postcode is , 25 FALLOWFIELD WALK: £46,000 (Sold on 24 Feb 1995)
Flat
- The average price is around £105,255 median price is £120,000 Standard Deviation is £47,524 with Total Sold: 47
- The Last 5 Year average price is £148,864 with Total Sold: 11
- The most recent sale happened at this postcode is , 20 BEVIS WALK: £162,500 (Sold on 12 Feb 2024)
- The first recorded sale happened at this postcode is 8, STEWARD HOUSE STEWARD ROAD: £34,000 (Sold on 02 Apr 1996)
Semi-Detached
- The average price is around £158,742 median price is £155,000 Standard Deviation is £83,853 with Total Sold: 247
- The Last 5 Year average price is £274,392 with Total Sold: 30
- The most recent sale happened at this postcode is , 18 BEVIS WALK: £136,500 (Sold on 21 Feb 2023)
- The first recorded sale happened at this postcode is , 3 CROFT RISE: £69,000 (Sold on 05 Jan 1995)
Other
- The average price is around £701,000 median price is £58,000 Standard Deviation is £947,063 with Total Sold: 3
- The Last 5 Year average price is £31,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 17 OLLE CLOSE: £5,000 (Sold on 29 Oct 2021)
- The first recorded sale happened at this postcode is , BRECKEY LEY : £2,040,000 (Sold on 25 Oct 2018)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£378,750	£3,757	4
2023	£631,800	£4,189	5
2022	£547,750	£4,133	6
2021	£438,004	£3,698	7
2020	£458,594	£3,083	8
2019	£519,125	£3,213	8
2018	£435,889	£2,904	9
2017	£436,667	£3,352	3
2016	£398,500	£2,733	7
2015	£457,104	£2,869	14
2014	£358,968	£2,428	8
2013	£326,417	£2,557	6
2012	£333,136	£2,074	7
2011	£308,750	£2,233	10
2010	£263,869	£2,172	8
2009	£295,571	£2,171	7
2008	£338,340	£2,015	5
2007	£304,213	£2,450	19
2006	£355,084	£5,535	15
2005	£312,197	£1,883	15
2004	£222,889	£1,981	14
2003	£275,917	£1,564	6
2002	£177,703	£1,308	12
2001	£148,542	£1,269	12
2000	£175,310	£1,179	10
1999	£111,315	£940	23
1998	£93,192	£907	13
1997	£78,667	£531	9
1996	£81,622	£673	16
1995	£135,714	£709	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,500	£2,999	7
2023	£239,861	£2,747	14
2022	£259,709	£3,193	11
2021	£231,076	£2,782	19
2020	£217,833	£2,506	15
2019	£229,083	£2,685	12
2018	£224,097	£2,628	18
2017	£211,124	£2,321	17
2016	£210,636	£2,560	18
2015	£190,170	£2,219	22
2014	£179,563	£1,965	15
2013	£158,500	£1,849	23
2012	£145,523	£1,800	11
2011	£145,625	£1,712	8
2010	£151,403	£1,718	16
2009	£134,733	£1,621	15
2008	£148,075	£1,638	10
2007	£156,058	£1,829	24
2006	£146,316	£1,744	21
2005	£132,002	£1,543	24
2004	£135,246	£1,486	24
2003	£115,090	£1,339	21
2002	£86,213	£1,042	29
2001	£76,745	£857	22
2000	£69,222	£754	20
1999	£59,203	£720	28
1998	£52,916	£628	21
1997	£47,841	£572	16
1996	£42,412	£516	21
1995	£46,231	£544	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£162,500	£2,167	1
2023	£147,333	£2,606	3
2021	£150,000	£1,914	2
2020	£143,250	£2,174	4
2019	£160,000	£1,985	1
2018	£150,000	£2,226	3
2017	£138,333	£2,134	3
2016	£131,000	£2,002	4
2015	£118,583	£2,041	6
2014	£121,000	£1,635	1
2011	£56,000	£1,167	1
2010	£120,000	£1,579	1
2007	£124,000	£1,699	1
2005	£104,167	£1,839	3
2002	£49,950	£1,037	1
2001	£28,138	£500	4
2000	£47,750	£703	2
1999	£42,500	£726	1
1998	£37,000	£474	1
1997	£37,250	£497	1
1996	£33,583	£574	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£273,833	£3,058	3
2022	£305,500	£3,089	4
2021	£280,635	£3,361	13
2020	£261,500	£2,710	8
2019	£224,000	£2,572	2
2018	£276,955	£3,088	11
2017	£236,531	£2,637	8
2016	£263,900	£2,720	5
2015	£242,100	£2,310	5
2014	£206,870	£2,842	11
2013	£181,993	£2,122	7
2012	£202,917	£2,017	6
2011	£159,656	£1,745	8
2010	£155,500	£1,784	5
2009	£163,000	£1,849	7
2008	£178,744	£1,708	8
2007	£198,187	£1,615	8
2006	£186,833	£1,893	6
2005	£158,063	£1,741	11
2004	£162,850	£1,520	7
2003	£141,615	£1,436	13
2002	£95,857	£915	7
2001	£106,662	£1,105	12
2000	£86,590	£899	5
1999	£78,221	£748	12
1998	£67,915	£709	13
1997	£65,175	£619	20
1996	£51,265	£599	13
1995	£57,167	£632	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£5,000		1
2019	£58,000		1
2018	£2,040,000	£4,155	1

House Type in IP33 2PA area

The most common house types in the IP33 2PA postcode area are Terraced (79), Flat (44), and Semi-detached (19).

Total	142
Terraced	79
Flat	44
Semi-detached	19
Detached	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	42
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	31
Social rented: Other social rented	22
Social rented: Rents from council or Local Authority	6
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0

Number of People in a Household

The most houses in the IP33 2PA have 1 person in household (44), and 2 people in household (43).

1 person in household	44
2 people in household	43
3 people in household	26
4 people in household	23
5 people in household	7
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0