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Postcode Overview
of IP31 2LZ
IP31 2LZ is a residential postcode located on Grimstone End, Pakenham, Bury St. Edmunds, IP31. It is the 697th largest postcode in the IP31 area.
It contains 15 houses and the most common type of property is a period house built between 1800 and 1911.
Average property prices
in IP31 2LZ
The average house value is £464,470. Sales values have increased in the last 12 months by 1.3% and Rental values have increased by 0.8%.
Property sale values range from £380,450 for a freehold house, with 3 bedrooms split across 841 square feet of gross internal area and has a garden to £809,160 for a freehold house, with 5 bedrooms split across 3,229 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IP31 2LZ is £394/ft2.
Properties achieve a rental yield of between 2.9% and 3.8%, and rental values range from £1,106 to £1,922 per month.
Recent sales
within IP31 2LZ
The last sale was 09 Mar 2022 for £425,000 and since then the market in the area as increased by -1.5%. The postcode has had a total of 4 sales since 1995.
IP31 2LZ has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to IP31 2LZ
IP31 2LZ is the 697th largest and the 909th most expensive postcode out of the 1,165 postcodes in the IP31 area.
Property types
in IP31 2LZ
IP31 2LZ is a residential postcode located on Grimstone End, Pakenham, Bury St. Edmunds, IP31 with 15 houses within its bounds.
The most common property type in IP31 2LZ is a period house built between 1800 and 1911.
Energy Efficiency
of properties within IP31 2LZ
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to IP31 2LZ
Public transport nearby
to IP31 2LZ
The closest station to IP31 2LZ is Thurston station which is 4.5 km away.
