School Road - IP31 3SP
Key Postcode Insights
IP31 3SP is a residential postcode situated on School Road, Thurston, Bury St. Edmunds, IP31 with 2 addresses.
It ranks as the 95th largest and 431st 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 2 properties: 2 houses.
- Ave. Sale Price
- £396,118
- 10 Year change
- up 19.0%
- Ave. Rental Price
- £1,157pcm
- 10 Year change
- up 48.6%
- Ave. £ per ft²
- £431/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
IP31 3SP is a residential postcode situated on School Road, Thurston, Bury St. Edmunds, IP31 with 2 addresses.
It ranks as the 95th largest and 431st 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 2 properties: 2 houses.
- Ave. Sale Price
- £396,118
- 10 Year change
- up 19.0%
- Ave. Rental Price
- £1,157pcm
- 10 Year change
- up 48.6%
- Ave. £ per ft²
- £431/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin IP31 3SP
Sales Market Trends
The last sale in IP31 3SP sold for £450,000 on 31st March 2022. Since then prices are down an average of 0.8%.
The current average value in the postcode is £396,118.
The IP31 3SP Sales Market has increased by 19.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £396,118 |
| June 2025 | 3% | £408,030 |
| June 2024 | -3.3% | £396,077 |
| June 2023 | 0.1% | £409,523 |
| June 2022 | 7.6% | £408,986 |
| June 2021 | 4.4% | £379,979 |
| June 2020 | 2.3% | £363,988 |
| June 2019 | -2.3% | £355,849 |
| June 2018 | 2.1% | £364,329 |
| June 2017 | 7.3% | £356,946 |
| June 2016 | 8.4% | £332,788 |
| June 2015 | 6.7% | £307,075 |
| June 2014 | 12.3% | £287,874 |
| June 2013 | -0.1% | £256,400 |
| June 2012 | 1.2% | £256,757 |
| June 2011 | 0.6% | £253,793 |
| June 2010 | 10.1% | £252,181 |
| June 2009 | -13% | £229,135 |
| June 2008 | -3.3% | £263,283 |
| June 2007 | 0% | £272,270 |
Rental Market Trends
The current average rental value in the postcode is £1,157.
The IP31 3SP Rental Market has increased by 48.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,157pcm |
| June 2025 | 5.5% | £1,127pcm |
| June 2024 | 5.5% | £1,068pcm |
| June 2023 | 6.1% | £1,013pcm |
| June 2022 | 7.8% | £955pcm |
| June 2021 | 7.2% | £886pcm |
| June 2020 | -0.2% | £827pcm |
| June 2019 | 0.9% | £828pcm |
| June 2018 | 2.5% | £821pcm |
| June 2017 | 2.9% | £801pcm |
| June 2016 | 7.1% | £779pcm |
| June 2015 | 3.3% | £727pcm |
| June 2014 | 4.4% | £704pcm |
| June 2013 | 1.3% | £675pcm |
| June 2012 | 0.4% | £666pcm |
| June 2011 | 2.5% | £663pcm |
| June 2010 | 5.7% | £647pcm |
| June 2009 | -6.2% | £613pcm |
| June 2008 | 1.3% | £653pcm |
| June 2007 | 0% | £644pcm |
Sales History
The last sale was on 31st March 2022 for £450,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 3 sales since 1995.
IP31 3SP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2022£450,000 | 3 Bed House12, School Road, Bury St. Edmunds, IP31 3SP12, School Road, Bury St. Edmunds, IP31 3SP
- Sold Oct 2021£342,550 | 3 Bed House14, School Road, Bury St. Edmunds, IP31 3SP14, School Road, Bury St. Edmunds, IP31 3SP
- Sold Jun 2015£250,000 | 3 Bed House14, School Road, Bury St. Edmunds, IP31 3SP14, School Road, Bury St. Edmunds, IP31 3SP
Nearby Postcodes
IP31 3SP is the 95th largest and the 431st most expensive postcode out of the 764 postcodes in the IP31 area.
- IP31 3SB, School Road, Thurston, Bury St. Edmunds, IP31IP31 3SB29 Addresses|51 m away
- IP31 3SA, Birch Road, Thurston, Bury St. Edmunds, IP31IP31 3SA25 Addresses|85 m away
- IP31 3SR, School Road, Thurston, Bury St. Edmunds, IP31IP31 3SR6 Addresses|94 m away
- IP31 3RS, Lodge Close, Thurston, Bury St. Edmunds, IP31IP31 3RS6 Addresses|99 m away
- IP31 3SX, Victoria Close, Thurston, Bury St. Edmunds, IP31IP31 3SX50 Addresses|135 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- mid-century house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Sep 2015£570,000 | 4 Bed HouseHolly Lodge, School Road, Bury St. Edmunds, IP31 3SYHolly Lodge, School Road, Bury St. Edmunds, IP31 3SY
- Sold Mar 2022£450,000 | 3 Bed House12, School Road, Bury St. Edmunds, IP31 3SP12, School Road, Bury St. Edmunds, IP31 3SP
- Sold Feb 2024£450,000 | 4 Bed House21, School Road, Bury St. Edmunds, IP31 3SB21, School Road, Bury St. Edmunds, IP31 3SB
Schools Nearby
- Rougham Church of England Primary School2.8 km away
- Norton CEVC Primary School3.5 km away
- Thurston Church of England Primary Academy3.5 km away
- Thurston Community College700 m away
- Sybil Andrews Academy4.1 km away
- Ixworth High School5.9 km away
More reading links
Public Transport Nearby
The closest station to IP31 3SP is Thurston station, which is 500 metres away.
- Thurston|500 m away
- Elmswell|6.6 km away
- Bury St Edmunds|7.1 km away
- Stowmarket|14.2 km away