Heath Road - IP31 3LR
Key Postcode Insights
IP31 3LR is a residential postcode situated on Heath Road, Norton, Bury St. Edmunds, IP31 with 21 addresses.
It ranks as the 618th largest and 611th 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 21 properties: 21 houses.
- Ave. Sale Price
- £500,525
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,408pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
IP31 3LR is a residential postcode situated on Heath Road, Norton, Bury St. Edmunds, IP31 with 21 addresses.
It ranks as the 618th largest and 611th 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 21 properties: 21 houses.
- Ave. Sale Price
- £500,525
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,408pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Propertiesin IP31 3LR
- Abbey House
5 Bed Mid-century House
- Chestnut Cottage
Unknown
- Corell Cottage
Unknown
- Holly House
Unknown
- Jasmine Cottage
Unknown
Sales Market Trends
The last sale in IP31 3LR sold for £480,000 on 9th August 2022. Since then prices are down an average of 6.0%.
The current average value in the postcode is £500,525.
The IP31 3LR Sales Market has increased by 20.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £500,525 |
| June 2025 | 1.8% | £519,578 |
| June 2024 | -3.9% | £510,535 |
| June 2023 | 1.1% | £531,302 |
| June 2022 | 8% | £525,466 |
| June 2021 | 6.5% | £486,457 |
| June 2020 | 3.5% | £456,683 |
| June 2019 | -1.7% | £441,434 |
| June 2018 | 0.6% | £449,015 |
| June 2017 | 7.7% | £446,224 |
| June 2016 | 8.2% | £414,245 |
| June 2015 | 6.9% | £382,807 |
| June 2014 | 9.4% | £357,932 |
| June 2013 | 1.1% | £327,312 |
| June 2012 | -1.3% | £323,725 |
| June 2011 | 3.6% | £327,922 |
| June 2010 | 10.8% | £316,512 |
| June 2009 | -11.9% | £285,548 |
| June 2008 | -2.9% | £324,253 |
| June 2007 | 0% | £333,825 |
Rental Market Trends
The current average rental value in the postcode is £1,408.
The IP31 3LR Rental Market has increased by 53.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,408pcm |
| June 2025 | 5.6% | £1,377pcm |
| June 2024 | 5.8% | £1,305pcm |
| June 2023 | 7.4% | £1,233pcm |
| June 2022 | 7.9% | £1,148pcm |
| June 2021 | 8.1% | £1,063pcm |
| June 2020 | -0.7% | £984pcm |
| June 2019 | 1.7% | £991pcm |
| June 2018 | 3.2% | £974pcm |
| June 2017 | 2.9% | £944pcm |
| June 2016 | 5.3% | £917pcm |
| June 2015 | 4.5% | £871pcm |
| June 2014 | 3.6% | £833pcm |
| June 2013 | 1.5% | £804pcm |
| June 2012 | 0.7% | £793pcm |
| June 2011 | 2.7% | £787pcm |
| June 2010 | 3% | £766pcm |
| June 2009 | -3.2% | £744pcm |
| June 2008 | 2.5% | £769pcm |
| June 2007 | 0% | £750pcm |
Sales History
The last sale was on 9th August 2022 for £480,000 and since then the market in the area has decreased by 6.0%. The postcode has had a total of 16 sales since 1995.
IP31 3LR has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2022£480,000 | 4 Bed HouseSunnyside, Heath Road, Bury St. Edmunds, IP31 3LRSunnyside, Heath Road, Bury St. Edmunds, IP31 3LR
- Sold Jun 2022£825,000 | 5 Bed HouseThe Paddock, Heath Road, Bury St. Edmunds, IP31 3LRThe Paddock, Heath Road, Bury St. Edmunds, IP31 3LR
- Sold Mar 2021£525,000 | 4 Bed HouseSandalwood, Heath Road, Bury St. Edmunds, IP31 3LRSandalwood, Heath Road, Bury St. Edmunds, IP31 3LR
- Sold May 2019£360,000 | 4 Bed HouseSunnyside, Heath Road, Bury St. Edmunds, IP31 3LRSunnyside, Heath Road, Bury St. Edmunds, IP31 3LR
- Sold Dec 2016£520,000 | 5 Bed HouseAbbey House, Heath Road, Bury St. Edmunds, IP31 3LRAbbey House, Heath Road, Bury St. Edmunds, IP31 3LR
Nearby Postcodes
IP31 3LR is the 618th largest and the 611th most expensive postcode out of the 764 postcodes in the IP31 area.
- IP31 3NG, Walnut Tree Close, Norton, Bury St. Edmunds, IP31IP31 3NG3 Addresses|66 m away
- IP31 3LS, Hawes Lane, Norton, Bury St. Edmunds, IP31IP31 3LS5 Addresses|82 m away
- IP31 3LN, Plumbers Arms Close, Norton, Bury St. Edmunds, IP31IP31 3LN6 Addresses|86 m away
- IP31 3GZ, Jubilee Close, Norton, Bury St. Edmunds, IP31IP31 3GZ8 Addresses|115 m away
- IP31 3LP, Ixworth Road, Norton, Bury St. Edmunds, IP31IP31 3LP14 Addresses|149 m away
Property Types
- 1 modern house built after 1980
- 6 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 13 other addresses of unknown type
- modern house (1)
- mid-century house (6)
- early-century house (1)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (1)
- D (6)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Jun 2022£825,000 | 5 Bed HouseThe Paddock, Heath Road, Bury St. Edmunds, IP31 3LRThe Paddock, Heath Road, Bury St. Edmunds, IP31 3LR
- Sold Oct 2015£712,500 | 5 Bed HouseGlebe House, Heath Road, Bury St. Edmunds, IP31 3LTGlebe House, Heath Road, Bury St. Edmunds, IP31 3LT
- Sold Mar 2021£525,000 | 4 Bed HouseSandalwood, Heath Road, Bury St. Edmunds, IP31 3LRSandalwood, Heath Road, Bury St. Edmunds, IP31 3LR
Schools Nearby
- Norton CEVC Primary School300 m away
- Thurston Church of England Primary Academy300 m away
- Elmswell Community Primary School4.2 km away
- Thurston Community College3.7 km away
- Ixworth High School5.4 km away
- Sybil Andrews Academy7.3 km away
More reading links
Public Transport Nearby
The closest station to IP31 3LR is Elmswell station, which is 3.8 kilometres away.
- Elmswell|3.8 km away
- Thurston|3.8 km away
- Bury St Edmunds|10.3 km away
- Stowmarket|11.7 km away
