IP32 (Bury St. Edmunds) area guide
Bury St. Edmunds
The IP32 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Abbeygate, Bury St Edmunds, Eastgate, Fornham, Great Barton, Moreton Hall, Northgate, Risbygate, St Olaves, Suffolk.
A Mouseprice property guide for IP32 Bury St. Edmunds is coming soon. In the meantime, please have a look at the raw data and statistics about IP32 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
The size of the property market in IP32 is 5639 homes.
Property in this postcode district (IP32) has been growing at a nominal annual rate of 8% over the last 5 years. This rate can be indicative ofsomewhere where the economy cannot support property price growth above the national average. This could be because the area is very rural or is recovering from industrial decline and doesn’t offer sufficient employment opportunities or local amenities to induce people to move to the area. However, areas of this type tend to offer reasonable transport to other places in the vicinity and so benefit from secondary economic growth as the effects of a successful regional hub emanate outwards.
Average property prices in this postcode district over the last three months have been approximately £177738.
Price earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 9.6.
New transactions as a percentage of overall sales are 15.4%.
The most commonly found type of housing in this area are Terraced Houses, making up 34.7% of the housing stock.
The least common type of property in this area is Flats (12.5% of the total housing stock). alt="Bury St. Edmunds property">Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 23.4%.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is less that the national average of £187894 at £159063.
Who lives here:
There are 6679 men and 6841 women in this postcode district.
The average age in this area is 34.
This area has a high percentage of married people at 27.5%.
Average working hours in this area for men are 43 and for women are 30.
This area has 20.1 people per square kilometre.
The largest source of work in this area is Wholesale & Retail (21.7% of workers), followed by Construction (19.1%).