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

The average house price in IP33 (Bury St. Edmunds) is £346,976 using HM Land Registry data.

The average property price increased by £64,704 (7.92%) over the last 5 years and increased by £12,935 (1.36%) over the last 12 months.

Over the last year, there were 311 residential property sales – a decrease of 123 transactions (-39.55%) relative to the previous year. The majority of house sales (86) were in the £238,000 - £326,000 range. Then came properties in the £150,000 - £238,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,920 (-2%).

In June 2024, there were 66 new estate agency instructions, 52 agreed home sales and 25 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) - June 2024

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
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
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
Flat 17, Lydgate Court, Abbots Gate, Bury St Edmunds, Suffolk, IP33 2FB£259,950£245,000-£14,95022 Sep 201703 Apr 20242385 Days
133 York Road, Bury St Edmunds, Suffolk, IP33 3EE£650,000£650,000£0015 Nov 202326 Mar 2024132 Days
19 Byfield Way, Bury St Edmunds, Suffolk, IP33 2SN£527,500£527,000-£50003 Jan 202422 Mar 202479 Days
32 Raingate Street, Bury St Edmunds, Suffolk, IP33 2AR£250,000£245,000-£5,00011 Mar 202418 Mar 20247 Days
27 Albert Street, Bury St Edmunds, Suffolk, IP33 3DZ£325,000£320,000-£5,00030 Oct 202315 Mar 2024137 Days
15 Townlane Road, Bury St Edmunds, Suffolk, IP33 2TE£395,000£380,000-£15,00029 Sep 202312 Mar 2024165 Days
38 Whiting Street, Bury St Edmunds, Suffolk, IP33 1NP£375,000£333,350-£41,65007 Feb 202408 Mar 202430 Days
6 Finsbury Place, Bury St Edmunds, Suffolk, IP33 1NU£595,000£555,000-£40,00015 Feb 202304 Mar 2024383 Days
126 Cryspen Court, Bury St Edmunds, Suffolk, IP33 1EP£175,000£165,000-£10,00025 Jun 201922 Feb 20241703 Days
11a, Westbury Avenue, Bury St Edmunds, Suffolk, IP33 3PZ£435,000£430,000-£5,00019 Oct 202322 Feb 2024126 Days
53 College Street, Bury St Edmunds, Suffolk, IP33 1NH£450,000£421,600-£28,40014 Jul 202322 Feb 2024223 Days
35 Sicklesmere Road, Bury St Edmunds, Suffolk, IP33 2BP£375,000£375,000£0008 Nov 202309 Feb 202493 Days
114 Springfield Road, Bury St Edmunds, Suffolk, IP33 3AN£645,000£620,000-£25,00006 Oct 202307 Feb 2024124 Days
26 Maltward Avenue, Bury St Edmunds, Suffolk, IP33 3XQ£280,000£275,000-£5,00025 Sep 202329 Jan 2024126 Days
64 Abbot Road, Bury St Edmunds, Suffolk, IP33 3UB£250,000£240,000-£10,00023 Aug 202326 Jan 2024156 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 3SDWestley Road, Bury St EdmundsBury St. Edmunds£790,6663
IP33 2QFHardwick Lane, Bury St EdmundsBury St. Edmunds£746,2504
IP33 2QLHome Farm Lane, Bury St EdmundsBury St. Edmunds£689,5005

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£127,36326
IP33 3SHPrince Of Wales Close, Bury St EdmundsBury St. Edmunds£140,8336
IP33 3LNAshwell Road, Bury St EdmundsBury St. Edmunds£141,5003
IP33 1STIpswich Court, Bury St EdmundsBury St. Edmunds£149,2504
IP33 3ATTrinity Mews, Bury St EdmundsBury St. Edmunds£149,40911
IP33 3RDThe Beeches, Bury St EdmundsBury St. Edmunds£149,65010
IP33 1YQEastgate Street, Bury St EdmundsBury St. Edmunds£151,00019
IP33 3ADLacy Court, Risbygate Street, Bury St EdmundsBury St. Edmunds£152,09221
IP33 3XTDenham Close, Bury St EdmundsBury St. Edmunds£155,65010

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