House Prices in IP33 House Prices in IP33 (Bury St. Edmunds)

The average house price in IP33 (Bury St. Edmunds) is £339,125 using HM Land Registry data.

The average property price increased by £49,798 (7.92%) over the last 5 years and increased by £9,978 (1.36%) over the last 12 months.

Over the last year, there were 288 residential property sales – a decrease of 108 transactions (-37.50%) relative to the previous year. The majority of house sales (84) were in the £228,000 - £316,000 range. Then came properties in the £140,000 - £228,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,920 (-2%).

In Oct 24, there were 56 new estate agency instructions, 53 agreed home sales and 36 property price reductions.

5-Year Average Property Prices in IP33 (Bury St. Edmunds)

7.92%

Property prices in Bury St. Edmunds increased by 7.92% 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 IP33 (Bury St. Edmunds) Over the Last Year

1.36%

Property prices in Bury St. Edmunds increased by 1.36% 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 IP33 (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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 IP33 (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 IP33 (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 IP33 (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 IP33 (Bury St. Edmunds) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP33 postcode area since 1995.

Recent Sales in IP33 (Bury St. Edmunds)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
147 Southgate Street, Bury St Edmunds, Suffolk, IP33 2AF£330,000£310,000-£20,00022 Mar 202421 Aug 2024152 Days
76 Rembrandt Way, Bury St Edmunds, Suffolk, IP33 2LU£350,000£349,000-£1,00019 Mar 202419 Aug 2024153 Days
30b, Barons Road, Bury St Edmunds, Suffolk, IP33 2LW£425,000£412,000-£13,00028 May 202402 Aug 202466 Days
Garden House, Queens Close, Bury St Edmunds, Suffolk, IP33 3ER£850,000£825,000-£25,00025 Oct 202324 Jul 2024273 Days
12 Flemyng Road, Bury St Edmunds, Suffolk, IP33 3UZ£280,000£280,000£0019 Oct 202304 Jul 2024259 Days
12 Shadwell Walk, Bury St Edmunds, Suffolk, IP33 3HU£210,000£205,000-£5,00016 Feb 202413 Jun 2024118 Days
30 Albemarle Road, Bury St Edmunds, Suffolk, IP33 3QS£325,000£305,000-£20,00028 Feb 202411 Jun 2024104 Days
24 Old Convent Orchard, Bury St Edmunds, Suffolk, IP33 3PQ£400,000£382,000-£18,00013 Feb 202411 Jun 2024119 Days
10 Finley Way, Bury St Edmunds, Suffolk, IP33 2BF£650,000£650,000£0004 Mar 202405 Jun 202493 Days
7 College Lane, Bury St Edmunds, Suffolk, IP33 1NN£350,000£341,000-£9,00001 Dec 202329 May 2024180 Days
14 Osmund Walk, Bury St Edmunds, Suffolk, IP33 3UU£210,000£195,000-£15,00010 Mar 202428 May 202479 Days
27 Home Farm Lane, Bury St Edmunds, Suffolk, IP33 2QJ£350,000£345,000-£5,00019 Jan 202416 May 2024118 Days
45 Park Road, Bury St Edmunds, Suffolk, IP33 3QW£255,000£255,000£0003 Feb 202415 May 2024102 Days
33 Willcox Avenue, Bury St Edmunds, Suffolk, IP33 3HQ£245,000£237,500-£7,50024 Jan 202410 May 2024107 Days
19 Hatter Street, Bury St Edmunds, Suffolk, IP33 1NE£650,000£644,000-£6,00025 Oct 202302 May 2024190 Days
7 Lincoln Green, Bury St Edmunds, Suffolk, IP33 2LL£290,000£280,000-£10,00002 Feb 202401 May 202489 Days
4 Rembrandt Way, Bury St Edmunds, Suffolk, IP33 2LP£360,000£350,000-£10,00023 Jun 202326 Apr 2024308 Days
9 Home Farm Lane, Bury St Edmunds, Suffolk, IP33 2QJ£315,000£305,000-£10,00007 Mar 202412 Apr 202436 Days
36 Hepworth Avenue, Bury St Edmunds, Suffolk, IP33 3XS£190,000£180,000-£10,00007 Sep 202312 Apr 2024218 Days
2 Westgate Street, Bury St Edmunds, Suffolk, IP33 1QR£425,000£415,000-£10,00025 Jul 202310 Apr 2024260 Days

Most Expensive Streets in IP33 (Bury St. Edmunds)

PostcodeStreetAreaAverageNo. of Sales
IP33 1PRGuildhall Street, Bury St EdmundsBury St. Edmunds£1,489,4564
IP33 2AJSt Marys Square, Bury St EdmundsBury St. Edmunds£1,431,6663
IP33 1RTHoney Hill, Bury St EdmundsBury St. Edmunds£1,255,6254
IP33 2NBSharp Road, Bury St EdmundsBury St. Edmunds£876,0005
IP33 1LZHatter Street, Bury St EdmundsBury St. Edmunds£841,1003
IP33 3BEGrove Road, Bury St EdmundsBury St. Edmunds£831,8333
IP33 1SPSt Johns Street, Bury St EdmundsBury St. Edmunds£810,8333
IP33 1QRWestgate Street, Bury St EdmundsBury St. Edmunds£788,1254
IP33 2QFHardwick Lane, Bury St EdmundsBury St. Edmunds£746,2504
IP33 2QLHome Farm Lane, Bury St EdmundsBury St. Edmunds£718,1254

Least Expensive Streets in IP33 (Bury St. Edmunds)

PostcodeStreetAreaAverageNo. of Sales
IP33 1ASHops Court, Tayfen RoadBury St. Edmunds£67,7296
IP33 1EPCryspen Court, Bury St EdmundsBury St. Edmunds£122,81024
IP33 3SHPrince Of Wales Close, Bury St EdmundsBury St. Edmunds£140,8336
IP33 3LNAshwell Road, Bury St EdmundsBury St. Edmunds£141,5003
IP33 3RDThe Beeches, Bury St EdmundsBury St. Edmunds£148,31811
IP33 1STIpswich Court, Bury St EdmundsBury St. Edmunds£149,2504
IP33 3ATTrinity Mews, Bury St EdmundsBury St. Edmunds£149,25010
IP33 3ADLacy Court, Risbygate Street, Bury St EdmundsBury St. Edmunds£152,32220
IP33 1YQEastgate Street, Bury St EdmundsBury St. Edmunds£152,72218
IP33 3XTDenham Close, Bury St EdmundsBury St. Edmunds£152,9449

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