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Thurston House Prices Thurston House Prices

The average house price in Thurston is £194,166 using HM Land Registry data.

The average property price increased by £98,422 (35.39%) over the last 5 years and increased by £19,671 (5.51%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 72 transactions (-128.57%) relative to the previous year. The majority of house sales (15) were in the £220,000 - £276,000 range. Then came properties in the £332,000 - £388,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,816 (-3%).

In April 2024, there were 12 new estate agency instructions, 7 agreed home sales and 9 property price reductions.

Postcodes Covered: IP31

5-Year Average Property Prices in Thurston

35.39%

Property prices in Thurston increased by 35.39% 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 Thurston Over the Last Year

5.51%

Property prices in Thurston increased by 5.51% 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 Thurston - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Thurston

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 Thurston

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 Thurston

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 Thurston since 1995

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

Recent Property Sales in Thurston

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Wren Close, Thurston, Bury St Edmunds, Suffolk, IP31 3TQ£350,000£342,000-£8,00012 Jul 202328 Feb 2024231 Days
27 Oakey Field Road, Thurston, Bury St Edmunds, Suffolk, IP31 3RX£375,000£364,000-£11,00024 Mar 202324 Nov 2023245 Days
57 Maltings Garth, Thurston, Bury St Edmunds, Suffolk, IP31 3PP£350,000£343,000-£7,00030 Aug 202307 Nov 202369 Days
13 Heath Road, Thurston, Bury St Edmunds, Suffolk, IP31 3PJ£485,000£475,000-£10,00031 Jul 202301 Nov 202393 Days
Mill Lane Cottage, Mill Lane, Thurston, Bury St Edmunds, Suffolk, IP31 3QA£585,000£575,000-£10,00001 Jun 202315 Sep 2023106 Days
1 Victoria Close, Thurston, Bury St Edmunds, Suffolk, IP31 3SX£275,000£275,000£0022 May 202310 Aug 202380 Days
8 Blackbird Close, Thurston, Bury St Edmunds, Suffolk, IP31 3PF£350,000£350,000£0019 Oct 202228 Jul 2023282 Days
16 Blackbird Close, Thurston, Bury St Edmunds, Suffolk, IP31 3PF£435,000£425,000-£10,00013 Mar 202320 Jul 2023129 Days
3 Bassett Road, Thurston, Bury St Edmunds, Suffolk, IP31 3UT£330,000£330,000£0020 Feb 202317 Jul 2023147 Days
38 Rowan Way, Thurston, Bury St Edmunds, Suffolk, IP31 3PU£350,000£330,000-£20,00008 Apr 202314 Jul 202397 Days
38 Wheatfields, Thurston, Bury St Edmunds, Suffolk, IP31 3TE£220,000£215,000-£5,00008 Apr 202330 Jun 202383 Days
25 Birch Road, Thurston, Bury St Edmunds, Suffolk, IP31 3SA£250,000£242,000-£8,00016 Mar 202323 Jun 202399 Days
47 Victoria Close, Thurston, Bury St Edmunds, Suffolk, IP31 3SX£250,000£237,000-£13,00008 Feb 202320 Jun 2023132 Days
28 Heather Close, Thurston, Bury St Edmunds, Suffolk, IP31 3PX£350,000£315,000-£35,00009 Nov 202231 May 2023203 Days
6 Hazelwood Close, Thurston, Bury St Edmunds, Suffolk, IP31 3NX£450,000£430,000-£20,00010 Jan 202309 May 2023119 Days
30 Victoria Close, Thurston, Bury St Edmunds, Suffolk, IP31 3SX£285,000£275,000-£10,00022 Nov 202225 Apr 2023154 Days
37 Howes Avenue, Thurston, Bury St Edmunds, Suffolk, IP31 3PY£340,000£335,000-£5,00005 Sep 202231 Mar 2023207 Days
8 The Acorns, Thurston, Bury St Edmunds, Suffolk, IP31 3QW£725,000£690,000-£35,00030 Nov 202220 Mar 2023110 Days
52 Howes Avenue, Thurston, Bury St Edmunds, Suffolk, IP31 3PY£250,000£250,000£0023 Jun 202230 Jan 2023221 Days
17 Wheatfields, Thurston, Bury St Edmunds, Suffolk, IP31 3TE£375,000£375,000£0015 Aug 202209 Jan 2023147 Days

Most Expensive Streets in Thurston

PostcodeStreetAreaAverageNo. of Sales
IP31 3QWThe AcornsThurston£608,7504
IP31 3QSCedars CloseThurston£574,0003
IP31 3PGBarton RoadThurston£570,0004
IP31 3UFGatekeeper CloseThurston£435,50010
IP31 3PBNorton RoadThurston£420,6663
IP31 3PRFurze CloseThurston£413,3333
IP31 3GEKings RoadThurston£402,89019
IP31 3TWRed Admiral HeightsThurston£397,33315
IP31 3QAStone CottagesThurston£385,5005
IP31 3UHSkipper CloseThurston£377,1427

Least Expensive Streets in Thurston

PostcodeStreetAreaAverageNo. of Sales
IP31 3QFRylands CloseThurston£115,0003
IP31 3RZSt Peters WayThurston£198,3333
IP31 3TLField ViewThurston£220,0006
IP31 3QUStation HillThurston£227,72510
IP31 3GDMaplefieldsThurston£230,8336
IP31 3SXVictoria CloseThurston£249,04511
IP31 3UQCook MewsThurston£252,1663
IP31 3QLPartridge CloseThurston£254,9166
IP31 3TEWheatfieldsThurston£259,2857
IP31 3TGNew Green AvenueThurston£260,7504

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