Bury St Edmunds House Prices Bury St Edmunds House Prices

The average house price in Bury St Edmunds is £296,400 using HM Land Registry data.

The average property price increased by £44,873 (14.84%) over the last 5 years and increased by £8,968 (2.65%) over the last 12 months.

Over the last year, there were 526 residential property sales – a decrease of 313 transactions (-59.51%) relative to the previous year. The majority of house sales (153) were in the £232,000 - £304,000 range. Then came properties in the £160,000 - £232,000 range, where 97 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,047 (-2%).

In April 2024, there were 127 new estate agency instructions, 58 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in Bury St Edmunds

14.84%

Property prices in Bury St Edmunds increased by 14.84% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Bury St Edmunds Over the Last Year

2.65%

Property prices in Bury St Edmunds increased by 2.65% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Bury St Edmunds - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Bury St Edmunds

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Bury St Edmunds

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Bury St Edmunds

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Bury St Edmunds since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Bury St Edmunds area since 1995.

Recent Property Sales in Bury St Edmunds

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Raingate Street, Bury St Edmunds, Suffolk, IP33 2AR£250,000£245,000-£5,00011 Mar 202418 Mar 20247 Days
27 Albert Street, Bury St Edmunds, Suffolk, IP33 3DZ£325,000£320,000-£5,00030 Oct 202315 Mar 2024137 Days
6 Finsbury Place, Bury St Edmunds, Suffolk, IP33 1NU£595,000£555,000-£40,00015 Feb 202304 Mar 2024383 Days
126 Cryspen Court, Bury St Edmunds, Suffolk, IP33 1EP£175,000£165,000-£10,00025 Jun 201922 Feb 20241703 Days
11a, Westbury Avenue, Bury St Edmunds, Suffolk, IP33 3PZ£435,000£430,000-£5,00019 Oct 202322 Feb 2024126 Days
25 Warwick Drive, Bury St Edmunds, Suffolk, IP32 6TF£135,000£132,500-£2,50016 Oct 202319 Feb 2024126 Days
38 Haselmere Close, Bury St Edmunds, Suffolk, IP32 7JQ£169,995£168,000-£1,99503 Jan 202413 Feb 202441 Days
35 Sicklesmere Road, Bury St Edmunds, Suffolk, IP33 2BP£375,000£375,000£0008 Nov 202309 Feb 202493 Days
114 Springfield Road, Bury St Edmunds, Suffolk, IP33 3AN£645,000£620,000-£25,00006 Oct 202307 Feb 2024124 Days
26 Maltward Avenue, Bury St Edmunds, Suffolk, IP33 3XQ£280,000£275,000-£5,00025 Sep 202329 Jan 2024126 Days
4 Codling Road, Bury St Edmunds, Suffolk, IP32 7HF£400,000£396,000-£4,00027 Oct 202326 Jan 202491 Days
37 Kirkstead Road, Bury St Edmunds, Suffolk, IP33 2EW£220,000£220,000£0007 Jul 202325 Jan 2024202 Days
26 Caie Walk, Bury St Edmunds, Suffolk, IP33 2PH£210,000£200,000-£10,00031 Aug 202319 Jan 2024141 Days
2 Hutton Close, Bury St Edmunds, Suffolk, IP33 3GY£650,000£650,000£0008 Aug 202308 Jan 2024153 Days
40 Cryspen Court, Bury St Edmunds, Suffolk, IP33 1EP£110,000£110,000£0001 Aug 202304 Jan 2024156 Days
Blencathra, Westbury Avenue, Bury St Edmunds, Suffolk, IP33 3PZ£385,000£367,000-£18,00003 May 202320 Dec 2023231 Days
33 Barwell Road, Bury St Edmunds, Suffolk, IP33 1AF£465,000£457,500-£7,50023 Aug 202318 Dec 2023117 Days
42 Philip Road, Bury St Edmunds, Suffolk, IP32 6DQ£299,950£295,000-£4,95004 Sep 202315 Dec 2023102 Days
12 Darcy Close, Bury St Edmunds, Suffolk, IP32 7ET£250,000£250,000£0018 Sep 202315 Dec 202388 Days
27 Rockingham Road, Bury St Edmunds, Suffolk, IP33 2SA£295,000£290,000-£5,00019 Sep 202315 Dec 202387 Days

Most Expensive Streets in Bury St Edmunds

PostcodeStreetAreaAverageNo. of Sales
IP33 1PRGuildhall StreetBury St Edmunds£1,489,4564
IP33 2AJSt Marys SquareBury St Edmunds£1,431,6663
IP33 1RTHoney HillBury St Edmunds£1,255,6254
IP33 2NBSharp RoadBury St Edmunds£876,0005
IP33 1LZHatter StreetBury St Edmunds£841,1003
IP33 3BEGrove RoadBury St Edmunds£831,8333
IP33 3SDWestley RoadBury St Edmunds£790,6663
IP32 6BBNorthgate AvenueBury St Edmunds£761,7163
IP32 7HUDowning CloseBury St Edmunds£761,3754
IP33 2QFHardwick LaneBury St Edmunds£746,2504

Least Expensive Streets in Bury St Edmunds

PostcodeStreetAreaAverageNo. of Sales
IP33 1ASHops CourtTayfen Road£67,7296
IP32 6ENThe MaltingsMildenhall Road£78,2505
IP33 1EPCryspen CourtBury St Edmunds£128,57227
IP33 3SHPrince Of Wales CloseBury St Edmunds£140,8336
IP33 3LNAshwell RoadBury St Edmunds£141,5003
IP33 1YQEastgate StreetBury St Edmunds£142,39419
IP33 3ATTrinity MewsBury St Edmunds£147,57613
IP32 6EYMaltings WayBury St Edmunds£148,16612
IP33 1STIpswich CourtBury St Edmunds£149,2504
IP32 6FWCargo LaneBury St Edmunds£152,2504

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