IP31 1BP house prices
IP31 1BP has an average sold price of £243,112 across 38 HM Land Registry transactions.
IP31 1BP decision snapshot
IP31 1BP has 38 HM Land Registry sales, a median sold price of £201,250 and an average sold price of £243,112. Use the recent transactions and nearby postcode comparisons before treating the average as a guide.
- Average sold price
- £243,112
- Mean of registered sold prices in this postcode.
- Median sold price
- £201,250
- Often a better guide when outliers affect the average.
- Transactions
- 38
- HM Land Registry records used for this postcode.
- 5-year movement
- Not enough data
- Historical sold-price movement, not a valuation.
IP31 1BP House Prices Overview
IP31 1BP is a more affordable market, with average prices 39% below the national average. The median sits below the average, suggesting that a subset of higher-value sales pulls the mean upward — a pattern common in areas with mixed housing stock ranging from starter homes to luxury properties. Based on 38 registered HM Land Registry transactions across 23 years of data, these figures reflect actual completed sales rather than asking prices. Five-year growth compares average prices over 12-month windows; the most recent months may be slightly incomplete due to registration lag (sales can take 2–6 months to appear in the Land Registry). Note that this analysis draws on 38 transactions, which gives a directional picture but may not capture the full price range of this area.
Frequently Asked Questions
Why is my postcode missing?
A postcode may be missing when it has no recorded sales or too few registered HM Land Registry transactions to publish a useful page. Very recent completions can also be absent until registration and the next monthly data refresh.
How is the average price for this postcode calculated?
The average is the mean of registered residential sale prices available for this postcode in the Land Registry data. It is based on sold prices, not current valuations.
Are these asking prices?
No. These are completed sold prices recorded by HM Land Registry. They are not estate-agent asking prices, live listings or automated valuations.
Can I use this as a valuation?
No. The page is a research summary of historical sold prices. Use it to understand local evidence, then compare property condition, size, tenure, transaction type and professional valuation advice before making a decision.
Why can small postcode samples look unusual?
Some postcodes have only a small number of recorded sales. A few high or low value transactions can move the average, so the transaction count should be read alongside the price.
Property valuation guide
Estimate a property value in IP31 1BP
Professional valuers use recent sold prices as comparable evidence. In IP31 1BP, the median sold price is £201,250 and the average is £243,112, based on 38 HM Land Registry transactions.
These are historical completed-sale prices — not a formal valuation, asking price or investment advice. Use them to sense-check an asking price or set expectations before instructing a surveyor.
IP31 area price trends
Yearly trend data is shown at postcode district level to keep the sample size reliable.
Market insights
Median vs average
£41,862 below avg
Median price is lower than the average, so a few higher-value sales may lift the mean.
Sales pace
2 / year
Based on 38 sales over 23 active years.
Sample quality
Consistent sample
Median and average prices are not showing a strong outlier signal in the recent sample.
Nearby postcodes
IP31 3PY
Closest comparison shown at £134,113.
Data note
Limited sample
38 transactions provide a directional view but may not capture the full market range.
Location
Postcodes in BURY ST. EDMUNDS
Data and methodology
Sold price statistics are calculated from HM Land Registry Price Paid Data and grouped by postcode, town, street or district. The records shown for IP31 1BP are based on available HM Land Registry sale records. Figures are historical sold prices, not a property valuation, and may exclude transactions that have not yet been registered or records with incomplete location data.
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