House Prices in IP32 House Prices in IP32 (Bury St. Edmunds)

The average house price in IP32 (Bury St. Edmunds) is £291,250 using HM Land Registry data.

The average property price increased by £26,077 (9.33%) over the last 5 years and increased by £5,225 (1.59%) over the last 12 months.

Over the last year, there were 180 residential property sales – a decrease of 100 transactions (-55.56%) relative to the previous year. The majority of house sales (40) were in the £200,000 - £260,000 range. Then came properties in the £260,000 - £320,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,525 (-3%).

In Oct 24, there were 35 new estate agency instructions, 25 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in IP32 (Bury St. Edmunds)

9.33%

Property prices in Bury St. Edmunds increased by 9.33% 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 IP32 (Bury St. Edmunds) Over the Last Year

1.59%

Property prices in Bury St. Edmunds increased by 1.59% 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 IP32 (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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 IP32 (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 IP32 (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 IP32 (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 IP32 (Bury St. Edmunds) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP32 postcode area since 1995.

Recent Sales in IP32 (Bury St. Edmunds)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 Philip Road, Bury St Edmunds, Suffolk, IP32 6DQ£499,995£465,000-£34,99518 Mar 202426 Jul 2024130 Days
42 Anderson Walk, Bury St Edmunds, Suffolk, IP32 6QH£210,000£207,000-£3,00007 May 202419 Jul 202473 Days
19 Emsworth Close, Bury St Edmunds, Suffolk, IP32 7LT£382,000£375,000-£7,00013 Mar 202428 Jun 2024107 Days
74 Fornham Road, Bury St Edmunds, Suffolk, IP32 6AN£375,000£367,500-£7,50002 Jan 202421 Jun 2024171 Days
6 Maltings Way, Bury St Edmunds, Suffolk, IP32 6EY£95,000£95,000£0014 Nov 202307 Jun 2024206 Days
9 Fiske Close, Bury St Edmunds, Suffolk, IP32 7LX£595,000£595,000£0015 Jan 202405 Jun 2024142 Days
82 Raedwald Drive, Bury St Edmunds, Suffolk, IP32 7DE£400,000£387,500-£12,50020 Dec 202304 Jun 2024167 Days
4a, Hollow Road, Bury St Edmunds, Suffolk, IP32 7AU£230,000£230,000£0008 Nov 202331 May 2024205 Days
135 Codling Road, Bury St Edmunds, Suffolk, IP32 7HE£325,000£320,000-£5,00008 Mar 202424 May 202477 Days
4 Waveney Road, Bury St Edmunds, Suffolk, IP32 6JX£240,000£236,000-£4,00019 Feb 202424 May 202495 Days
8 Goldsmith Close, Bury St Edmunds, Suffolk, IP32 6QT£230,000£230,000£0024 Jan 202417 May 2024114 Days
15 Alvis Close, Bury St Edmunds, Suffolk, IP32 7LU£280,000£280,000£0026 Oct 202310 May 2024197 Days
5 Holliday Close, Bury St Edmunds, Suffolk, IP32 7GE£575,000£526,500-£48,50005 Feb 202401 May 202486 Days
79 Clay Road, Bury St Edmunds, Suffolk, IP32 6QZ£140,000£130,000-£10,00015 Aug 202330 Apr 2024259 Days
75 Clay Road, Bury St Edmunds, Suffolk, IP32 6QZ£230,000£220,000-£10,00022 Jan 202426 Apr 202495 Days
11 Mitchell Avenue, Bury St Edmunds, Suffolk, IP32 6HB£250,000£250,000£0018 Oct 202322 Mar 2024156 Days
26 Mermaid Close, Bury St Edmunds, Suffolk, IP32 6AG£165,000£165,000£0025 Aug 202315 Mar 2024203 Days
125 Northumberland Avenue, Bury St Edmunds, Suffolk, IP32 6ND£230,000£222,000-£8,00009 Jun 202311 Mar 2024276 Days
25 Honeysuckle Way, Bury St Edmunds, Suffolk, IP32 7HS£240,000£240,000£0001 Nov 202323 Feb 2024114 Days
232 Raedwald Drive, Bury St Edmunds, Suffolk, IP32 7DN£375,000£370,000-£5,00013 Sep 202321 Feb 2024161 Days

Most Expensive Streets in IP32 (Bury St. Edmunds)

PostcodeStreetAreaAverageNo. of Sales
IP32 7BEBarton Road, Bury St EdmundsBury St. Edmunds£969,0863
IP32 7HUDowning Close, Bury St EdmundsBury St. Edmunds£761,3754
IP32 7DPOswyn Close, Bury St EdmundsBury St. Edmunds£514,2504
IP32 6FAYarn Walk, Bury St EdmundsBury St. Edmunds£484,9984
IP32 7AUHollow Road, Bury St EdmundsBury St. Edmunds£478,3333
IP32 7JJWinsford Road, Bury St EdmundsBury St. Edmunds£469,6666
IP32 6AYNorfolk Road, Bury St EdmundsBury St. Edmunds£465,5183
IP32 6FEShearing Street, Bury St EdmundsBury St. Edmunds£456,56930
IP32 7FECely Road, Bury St EdmundsBury St. Edmunds£444,49114
IP32 7QRPrigmore Drive, Bury St EdmundsBury St. Edmunds£432,38818

Least Expensive Streets in IP32 (Bury St. Edmunds)

PostcodeStreetAreaAverageNo. of Sales
IP32 6ENThe Maltings, Mildenhall RoadBury St. Edmunds£75,2086
IP32 6EYMaltings Way, Bury St EdmundsBury St. Edmunds£138,82114
IP32 6FWCargo Lane, Bury St EdmundsBury St. Edmunds£152,2504
IP32 7ABEastern Way, Bury St EdmundsBury St. Edmunds£153,5717
IP32 7RHOxlip House, Airfield RoadBury St. Edmunds£159,22516
IP32 6AGMermaid Close, Bury St EdmundsBury St. Edmunds£161,8758
IP32 6BPForum Court, Bury St EdmundsBury St. Edmunds£162,00016
IP32 6QLWollaston Close, Bury St EdmundsBury St. Edmunds£173,6663
IP32 6TFWarwick Drive, Bury St EdmundsBury St. Edmunds£179,8754
IP32 6ARForum Court, Bury St EdmundsBury St. Edmunds£181,6005

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