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House Prices in IP29 House Prices in IP29 (Bury St. Edmunds)

The average house price in IP29 (Bury St. Edmunds) is £343,500 using HM Land Registry data.

The average property price increased by £112,715 (18.45%) over the last 5 years and increased by £22,584 (2.93%) over the last 12 months.

Over the last year, there were 93 residential property sales – an increase of 3 transactions (3.23%) relative to the previous year. The majority of house sales (25) were in the £240,000 - £356,000 range. Then came properties in the £356,000 - £472,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,613 (-1%).

In Oct 24, there were 16 new estate agency instructions, 13 agreed home sales and 17 property price reductions.

Nearby Postcodes: CB21, CB25, CB7, CB8, CB9, CO10, CO6, CO8, CO9, IP14, IP24, IP27, IP28, IP30, IP31, IP32, IP33, IP7

5-Year Average Property Prices in IP29 (Bury St. Edmunds)

18.45%

Property prices in Bury St. Edmunds increased by 18.45% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in IP29 (Bury St. Edmunds) Over the Last Year

2.93%

Property prices in Bury St. Edmunds increased by 2.93% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for IP29 (Bury St. Edmunds) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in IP29 (Bury St. Edmunds)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in IP29 (Bury St. Edmunds)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in IP29 (Bury St. Edmunds)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the IP29 (Bury St. Edmunds) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP29 postcode area since 1995.

Recent Sales in IP29 (Bury St. Edmunds)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Beechcroft, Stanningfield, Bury St Edmunds, Suffolk, IP29 4RT£250,000£250,000£0030 Apr 202421 Aug 2024113 Days
Lyndale, The Green, Depden, Bury St Edmunds, Suffolk, IP29 4BY£500,000£495,000-£5,00012 Jan 202424 Jul 2024194 Days
Martins, Whepstead Road, Hawstead, Bury St Edmunds, Suffolk, IP29 5NS£450,000£425,500-£24,50026 Dec 202311 Jul 2024198 Days
19 Majors Close, Chedburgh, Bury St Edmunds, Suffolk, IP29 4UN£400,000£395,000-£5,00002 Feb 202425 Jun 2024144 Days
27 Green Farm Lane, Barrow, Bury St Edmunds, Suffolk, IP29 5DN£525,000£510,000-£15,00010 Apr 202410 Jun 202461 Days
17 Hawthorn Drive, Horringer, Bury St Edmunds, Suffolk, IP29 5SS£300,000£300,000£0011 Jan 202406 Jun 2024147 Days
1 Park Farm Cottages, Boxted, Bury St Edmunds, Suffolk, IP29 4JU£325,000£316,500-£8,50008 Nov 202303 May 2024177 Days
Saxonwood, Bury Road, Brockley, Bury St Edmunds, Suffolk, IP29 4AG£1,200,000£1,150,000-£50,00025 Sep 202303 May 2024221 Days
5 Kings Park, Chedburgh, Bury St Edmunds, Suffolk, IP29 4TY£699,995£685,000-£14,99509 Oct 202325 Apr 2024199 Days
Court Cottage, The Street, Shimpling, Bury St Edmunds, Suffolk, IP29 4HS£575,000£565,000-£10,00010 Jan 202412 Apr 202493 Days
The Forge, The Green, Hartest, Bury St Edmunds, Suffolk, IP29 4DH£550,000£500,000-£50,00031 Oct 202318 Mar 2024139 Days
14 The Limes, Horringer, Bury St Edmunds, Suffolk, IP29 5SQ£550,000£540,000-£10,00011 Aug 202315 Mar 2024217 Days
Orchard House, Somerton Road, Hartest, Bury St Edmunds, Suffolk, IP29 4NA£850,000£820,000-£30,00031 Aug 202312 Mar 2024194 Days
1 Woodcrofts Close, Brockley, Bury St Edmunds, Suffolk, IP29 4BA£390,000£390,000£0004 Apr 202323 Feb 2024325 Days
7 Brittons Crescent, Barrow, Bury St Edmunds, Suffolk, IP29 5AG£300,000£300,000£0019 Oct 202319 Feb 2024123 Days
2 Twites Corner, Great Saxham, Bury St Edmunds, Suffolk, IP29 5JR£250,000£235,000-£15,00031 Jul 202312 Feb 2024196 Days
9 Hawthorn Drive, Horringer, Bury St Edmunds, Suffolk, IP29 5SS£345,000£340,000-£5,00027 Jul 202315 Jan 2024172 Days
33 Paddock Way, Chedburgh, Bury St Edmunds, Suffolk, IP29 4UY£230,000£230,000£0023 Jun 202320 Dec 2023180 Days
Farriers End, Colethorpe Lane, Barrow, Bury St Edmunds, Suffolk, IP29 5BG£475,000£460,000-£15,00025 Jul 202308 Dec 2023136 Days
Thatched Cottage, The Row, Hartest, Bury St Edmunds, Suffolk, IP29 4DJ£500,000£455,000-£45,00005 Apr 202305 Dec 2023244 Days

Most Expensive Streets in IP29 (Bury St. Edmunds)

PostcodeStreetAreaAverageNo. of Sales
IP29 5LHLittle Saxham, Bury St EdmundsBury St. Edmunds£1,261,2504
IP29 4BERede, Bury St EdmundsBury St. Edmunds£969,3333
IP29 4PYMelford Road, LawshallBury St. Edmunds£765,0003
IP29 4ETShimpling Road, HartestBury St. Edmunds£707,3333
IP29 4UAOld School Road, WhepsteadBury St. Edmunds£691,2504
IP29 4EAHartest, Bury St EdmundsBury St. Edmunds£678,0003
IP29 5PRGlebe Close, HorringerBury St. Edmunds£663,3333
IP29 4BYThe Green, DepdenBury St. Edmunds£653,3333
IP29 4HLLittle Chadacre, ShimplingBury St. Edmunds£638,3333
IP29 4DHThe Green, HartestBury St. Edmunds£616,0005

Least Expensive Streets in IP29 (Bury St. Edmunds)

PostcodeStreetAreaAverageNo. of Sales
IP29 5RWDepden Lane, ChevingtonBury St. Edmunds£223,5717
IP29 5LZAlmshouses, High GreenBury St. Edmunds£225,0003
IP29 4UYPaddock Way, ChedburghBury St. Edmunds£226,8749
IP29 4WDStirling Close, ChedburghBury St. Edmunds£234,3995
IP29 4RUFox Cottages, StanningfieldBury St. Edmunds£238,3333
IP29 4PWThe Glebe, LawshallBury St. Edmunds£239,2505
IP29 5AFBrittons Road, BarrowBury St. Edmunds£244,1663
IP29 4RTBeechcroft, StanningfieldBury St. Edmunds£261,4005
IP29 5DDStoney Lane, BarrowBury St. Edmunds£265,0003
IP29 5QYChedburgh Road, ChevingtonBury St. Edmunds£271,5004

Explore IP29 (Bury St. Edmunds) using map

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