Palmer Street - IP31 3BZ
Key Postcode Insights
IP31 3BZ is a residential postcode situated on Palmer Street, Walsham-Le-Willows, Bury St. Edmunds, IP31 with 44 addresses.
It ranks as the 735th largest and 311th most expensive of the 764 postcodes in the IP31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 43 houses and 1 flat.
- Ave. Sale Price
- £354,504
- 10 Year change
- up 18.7%
- Ave. Rental Price
- £1,336pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
IP31 3BZ is a residential postcode situated on Palmer Street, Walsham-Le-Willows, Bury St. Edmunds, IP31 with 44 addresses.
It ranks as the 735th largest and 311th most expensive of the 764 postcodes in the IP31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 43 houses and 1 flat.
- Ave. Sale Price
- £354,504
- 10 Year change
- up 18.7%
- Ave. Rental Price
- £1,336pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin IP31 3BZ
- Ash Tree Cottage
3 Bed Period House
- Chapel Cottage
Unknown
- Chapel House
Unknown
- Clipper Cottage
4 Bed Period House
- Four Ashes Cottage
Unknown
Sales Market Trends
The last sale in IP31 3BZ sold for £287,000 on 16th January 2026. Since then prices are up an average of 1.4%.
The current average value in the postcode is £354,504.
The IP31 3BZ Sales Market has increased by 18.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £354,504 |
| June 2025 | 1.6% | £365,968 |
| June 2024 | -3.5% | £360,198 |
| June 2023 | 0.8% | £373,089 |
| June 2022 | 7.6% | £370,197 |
| June 2021 | 5.1% | £344,014 |
| June 2020 | 2.8% | £327,335 |
| June 2019 | -1.5% | £318,304 |
| June 2018 | 1.8% | £323,025 |
| June 2017 | 6.2% | £317,267 |
| June 2016 | 7.7% | £298,629 |
| June 2015 | 5.4% | £277,336 |
| June 2014 | 10.3% | £263,224 |
| June 2013 | 0.4% | £238,650 |
| June 2012 | 0.1% | £237,644 |
| June 2011 | 0.4% | £237,441 |
| June 2010 | 10.4% | £236,459 |
| June 2009 | -11.9% | £214,157 |
| June 2008 | -2.9% | £242,965 |
| June 2007 | 0% | £250,344 |
Rental Market Trends
The current average rental value in the postcode is £1,336.
The IP31 3BZ Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,336pcm |
| June 2025 | 5.3% | £1,304pcm |
| June 2024 | 6.2% | £1,239pcm |
| June 2023 | 7% | £1,167pcm |
| June 2022 | 6.9% | £1,090pcm |
| June 2021 | 7.1% | £1,020pcm |
| June 2020 | -0.4% | £952pcm |
| June 2019 | 1.6% | £956pcm |
| June 2018 | 2.5% | £941pcm |
| June 2017 | 1.7% | £918pcm |
| June 2016 | 5.2% | £902pcm |
| June 2015 | 3.7% | £857pcm |
| June 2014 | 3.4% | £827pcm |
| June 2013 | 1.1% | £800pcm |
| June 2012 | 0.6% | £791pcm |
| June 2011 | 2.4% | £787pcm |
| June 2010 | 4.1% | £768pcm |
| June 2009 | -4.5% | £738pcm |
| June 2008 | 1.9% | £772pcm |
| June 2007 | 0% | £758pcm |
Sales History
The last sale was on 16th January 2026 for £287,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 61 sales since 1995.
IP31 3BZ has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Jan 2026£287,000 | 3 Bed House17, Palmer Street, Bury St. Edmunds, IP31 3BZ17, Palmer Street, Bury St. Edmunds, IP31 3BZ
- Sold Dec 2025£655,000 | 5 Bed HouseThe Old Vicarage, Palmer Street, Bury St. Edmunds, IP31 3BZThe Old Vicarage, Palmer Street, Bury St. Edmunds, IP31 3BZ
- Sold Dec 2024£440,000 | 4 Bed HouseHigh Hedges, Palmer Street, Bury St. Edmunds, IP31 3BZHigh Hedges, Palmer Street, Bury St. Edmunds, IP31 3BZ
- Sold Aug 2024£250,000 | 3 Bed HouseSummers End, Palmer Street, Bury St. Edmunds, IP31 3BZSummers End, Palmer Street, Bury St. Edmunds, IP31 3BZ
- Sold Jul 2022£238,000 | 3 Bed House20, Palmer Street, Bury St. Edmunds, IP31 3BZ20, Palmer Street, Bury St. Edmunds, IP31 3BZ
Nearby Postcodes
IP31 3BZ is the 735th largest and the 311th most expensive postcode out of the 764 postcodes in the IP31 area.
- IP31 3AF, Grove Road, Walsham-Le-Willows, Bury St. Edmunds, IP31IP31 3AF10 Addresses|177 m away
- IP31 3DB, Staple Close, Walsham-Le-Willows, Bury St. Edmunds, IP31IP31 3DB16 Addresses|230 m away
- IP31 3AE, Grove Park, Walsham-Le-Willows, Bury St. Edmunds, IP31IP31 3AE36 Addresses|243 m away
- IP31 3DA, Palmer Street, Walsham-Le-Willows, Bury St. Edmunds, IP31IP31 3DA13 Addresses|264 m away
- IP31 3BG, Pound Close, Walsham-Le-Willows, Bury St. Edmunds, IP31IP31 3BG5 Addresses|283 m away
Property Types
- 6 period houses built between 1800 and 1911
- 6 modern houses built after 1980
- 10 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 3 early-century houses built between 1912 and 1935
- 17 other addresses of unknown type
- period house (6)
- modern house (6)
- mid-century house (10)
- house (2)
- early-century house (3)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (1)
- F (4)
- C (4)
- G (0)
- D (9)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Dec 2025£655,000 | 5 Bed HouseThe Old Vicarage, Palmer Street, Bury St. Edmunds, IP31 3BZThe Old Vicarage, Palmer Street, Bury St. Edmunds, IP31 3BZ
- Sold Jul 2016£450,000 | 4 Bed HouseWillow Tree Farm, Palmer Street, Bury St. Edmunds, IP31 3BZWillow Tree Farm, Palmer Street, Bury St. Edmunds, IP31 3BZ
- Sold Jul 2018£445,000 | 5 Bed HouseGrove Cottage, Palmer Street, Bury St. Edmunds, IP31 3BZGrove Cottage, Palmer Street, Bury St. Edmunds, IP31 3BZ
Schools Nearby
- Walsham-le-Willows Church of England Voluntary Controlled Primary School1.1 km away
- Stanton Primary School4.3 km away
- Bacton Primary School6.0 km away
- Ixworth High School6.7 km away
- Thurston Community College10.1 km away
- Stowmarket High School12.2 km away
More reading links
Public Transport Nearby
The closest station to IP31 3BZ is Elmswell station, which is 7.0 kilometres away.
- Elmswell|7.0 km away
- Thurston|10.4 km away
- Stowmarket|12.8 km away
- Diss|15.0 km away
