The Street - IP31 3LY
Key Postcode Insights
IP31 3LY is a residential postcode situated on The Street, Norton, Bury St. Edmunds, IP31 with 12 addresses.
It ranks as the 470th largest and 498th most expensive of the 764 postcodes in the IP31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £395,041
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,465pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
IP31 3LY is a residential postcode situated on The Street, Norton, Bury St. Edmunds, IP31 with 12 addresses.
It ranks as the 470th largest and 498th most expensive of the 764 postcodes in the IP31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £395,041
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,465pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin IP31 3LY
- Bracknell
Unknown
- Bridge House
5 Bed Modern House
- Cherry Tree House
4 Bed Modern House
- Fourways
3 Bed Period House
- Maltings Cottage
Unknown
Sales Market Trends
The last sale in IP31 3LY sold for £270,000 on 10th November 2023. Since then prices are down an average of 2.3%.
The current average value in the postcode is £395,041.
The IP31 3LY Sales Market has increased by 20.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £395,041 |
| June 2025 | 1.8% | £410,079 |
| June 2024 | -3.9% | £402,942 |
| June 2023 | 1.1% | £419,332 |
| June 2022 | 8% | £414,726 |
| June 2021 | 6.5% | £383,939 |
| June 2020 | 3.5% | £360,439 |
| June 2019 | -1.7% | £348,404 |
| June 2018 | 0.6% | £354,387 |
| June 2017 | 7.7% | £352,184 |
| June 2016 | 8.2% | £326,944 |
| June 2015 | 6.9% | £302,132 |
| June 2014 | 9.4% | £282,499 |
| June 2013 | 1.1% | £258,333 |
| June 2012 | -1.3% | £255,501 |
| June 2011 | 3.6% | £258,814 |
| June 2010 | 10.8% | £249,809 |
| June 2009 | -11.9% | £225,370 |
| June 2008 | -2.9% | £255,918 |
| June 2007 | 0% | £263,473 |
Rental Market Trends
The current average rental value in the postcode is £1,465.
The IP31 3LY Rental Market has increased by 53.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,465pcm |
| June 2025 | 5.6% | £1,433pcm |
| June 2024 | 5.8% | £1,358pcm |
| June 2023 | 7.4% | £1,283pcm |
| June 2022 | 7.9% | £1,194pcm |
| June 2021 | 8.1% | £1,107pcm |
| June 2020 | -0.7% | £1,024pcm |
| June 2019 | 1.7% | £1,031pcm |
| June 2018 | 3.2% | £1,014pcm |
| June 2017 | 2.9% | £982pcm |
| June 2016 | 5.3% | £955pcm |
| June 2015 | 4.5% | £907pcm |
| June 2014 | 3.6% | £867pcm |
| June 2013 | 1.5% | £837pcm |
| June 2012 | 0.7% | £825pcm |
| June 2011 | 2.7% | £819pcm |
| June 2010 | 3% | £797pcm |
| June 2009 | -3.2% | £774pcm |
| June 2008 | 2.5% | £800pcm |
| June 2007 | 0% | £781pcm |
Sales History
The last sale was on 10th November 2023 for £270,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 17 sales since 1995.
IP31 3LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£270,000 | 2 Bed HouseMaple Cottage, The Street, Bury St. Edmunds, IP31 3LYMaple Cottage, The Street, Bury St. Edmunds, IP31 3LY
- Sold Feb 2018£454,000 | 5 Bed HouseBridge House, The Street, Bury St. Edmunds, IP31 3LYBridge House, The Street, Bury St. Edmunds, IP31 3LY
- Sold Jan 2016£285,000 | 3 Bed HouseFourways, The Street, Bury St. Edmunds, IP31 3LYFourways, The Street, Bury St. Edmunds, IP31 3LY
- Sold Nov 2015£360,000 | 4 Bed HouseCherry Tree House, The Street, Bury St. Edmunds, IP31 3LYCherry Tree House, The Street, Bury St. Edmunds, IP31 3LY
- Sold Jun 2015£155,000 | 2 Bed HouseMaple Cottage, The Street, Bury St. Edmunds, IP31 3LYMaple Cottage, The Street, Bury St. Edmunds, IP31 3LY
Nearby Postcodes
IP31 3LY is the 470th largest and the 498th most expensive postcode out of the 764 postcodes in the IP31 area.
- IP31 3GW, Old Forge Close, Norton, Bury St. Edmunds, IP31IP31 3GW3 Addresses|86 m away
- IP31 3LZ, School Close, Norton, Bury St. Edmunds, IP31IP31 3LZ19 Addresses|105 m away
- IP31 3LP, Ixworth Road, Norton, Bury St. Edmunds, IP31IP31 3LP14 Addresses|116 m away
- IP31 3LN, Plumbers Arms Close, Norton, Bury St. Edmunds, IP31IP31 3LN6 Addresses|147 m away
- IP31 3NG, Walnut Tree Close, Norton, Bury St. Edmunds, IP31IP31 3NG3 Addresses|180 m away
Property Types
- 5 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (5)
- modern house (2)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (2)
- C (0)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jul 2023£650,000 | 4 Bed HouseBrambles, The Street, Bury St. Edmunds, IP31 3NABrambles, The Street, Bury St. Edmunds, IP31 3NA
- Sold Dec 2020£630,000 | 5 Bed HouseApplebury, The Street, Bury St. Edmunds, IP31 3NAApplebury, The Street, Bury St. Edmunds, IP31 3NA
- Sold Jun 2009£595,000 | 5 Bed HouseFeld House, The Street, Bury St. Edmunds, IP31 3NAFeld House, The Street, Bury St. Edmunds, IP31 3NA
Schools Nearby
- Thurston Church of England Primary Academy100 m away
- Norton CEVC Primary School100 m away
- Elmswell Community Primary School4.1 km away
- Thurston Community College3.9 km away
- Ixworth High School5.5 km away
- Sybil Andrews Academy7.5 km away
More reading links
Public Transport Nearby
The closest station to IP31 3LY is Elmswell station, which is 3.6 kilometres away.
- Elmswell|3.6 km away
- Thurston|4.0 km away
- Bury St Edmunds|10.5 km away
- Stowmarket|11.6 km away
