IP31 2EP is a residential postcode located on Garrard Place, Ixworth, Bury St. Edmunds, IP31. It is the 724th largest postcode in the IP31 area.
It contains 16 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £274,236. Sales values have increased in the last 12 months by 1.4% and Rental values have increased by 1.5%.
Property sale values range from £219,959 for a freehold house, with 2 bedrooms split across 549 square feet of gross internal area and has a garden to £298,948 for a freehold house, with 3 bedrooms split across 872 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IP31 2EP is £354/ft2.
Properties achieve a rental yield of between 4.6% and 5%, and rental values range from £916 to £1,200 per month.
The last sale was 24 May 2024 for £220,000 and since then the market in the area as increased by 1.8%. The postcode has had a total of 4 sales since 1995.
IP31 2EP has seen 1 sale in the last three years and 1 sale in the last twelve months.
IP31 2EP is the 724th largest and the 334th most expensive postcode out of the 1,165 postcodes in the IP31 area.
IP31 2EP is a residential postcode located on Garrard Place, Ixworth, Bury St. Edmunds, IP31 with 16 houses within its bounds.
The most common property type in IP31 2EP is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to IP31 2EP is Thurston station which is 5.8 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IP31 2EP, 70.1% of property is privately owned outright and 14.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IP31 2EP, 7.9% of residents are recorded as possessing school level qualifications and 27.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around IP31 2EP, the average age was 42.6 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IP31 2EP, 0.6% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IP31 2EP, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.