Housing Market Analysis for MILL REEF, CB8 7FB

Are you looking to understand CB8 7FB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this West Suffolk postcode.

For the location information and nearby amenities in the CB8 7FB area, explore the CB8 7FB Area information page.
For comprehensive crime statistics in the CB8 7FB area, explore the CB8 7FB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CB8 7FB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £646,000 median price is £665,000 Standard Deviation is £119,264 with Total Sold: 10
    • The Last 5 Year average price is £680,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 MILL REEF: £730,000 (Sold on 10 Nov 2016)
    • The first recorded sale happened at this postcode is 2 MILL REEF: £680,000 (Sold on 19 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average CB8 7FB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£730,000 £3,989 1
2015£750,000 £4,098 1
2011£570,000 £2,931 1
2009£495,000 £2,475 2
2008£630,000 £2,797 3
2007£850,000 £4,645 1
2024£680,0001

All the Sales in the MILL REEF, CB8 7FB

See the table below for more details on the sold house prices in the CB8 7FB, West Suffolk postcode.

AddressSold DatePrice% Change
5 MILL REEFDetached, FreeholdArea: 183 Sq.mtrAge: 2007 onwards10 Nov 2016£730,000-2.67%
17 Sep 2015£750,000-11.76%
27 Sep 2007£850,000First Sale
3 MILL REEFDetached, FreeholdArea: 194.48 Sq.mtrAge: 2007 onwards28 Oct 2011£570,00014.00%
12 May 2009£500,000First Sale
1 MILL REEFDetached, FreeholdArea: 206 Sq.mtrAge: 2007 onwards22 Apr 2009£490,000-24.62%
19 Sep 2008£650,000First Sale
2 MILL REEFDetached, FreeholdArea: 205 Sq.mtrAge: 2007 onwards22 Dec 2008£500,000-26.47%
19 Aug 2024£680,000First Sale
4 MILL REEFDetached, Freehold18 Apr 2008£740,000First Sale

Check out the sold house prices near the CB8 7FB postcode. Properties currently for saleProperties currently for rent

MILL REEF, CB8 7FB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CB8 7FB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CB8 7FB postcode.

  • Detached
    • The average price is around £315,939 median price is £250,000 Standard Deviation is £259,899 with Total Sold: 466
    • The Last 5 Year average price is £513,841 with Total Sold: 69
    • The most recent sale happened at this postcode is 3, HATCHFIELD FARM FORDHAM ROAD: £440,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 13 TOM JENNINGS CLOSE: £87,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £149,170 median price is £137,000 Standard Deviation is £90,756 with Total Sold: 241
    • The Last 5 Year average price is £282,520 with Total Sold: 25
    • The most recent sale happened at this postcode is , 4 BILL RICKABY DRIVE: £300,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , STABLE COTTAGE, 17A ST ALBANS: £59,999 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £124,500 median price is £124,500 Standard Deviation is £4,500 with Total Sold: 2
    • The Last 5 Year average price is £124,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 10 WESTON WAY: £120,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 50 WESTON WAY: £129,000 (Sold on 03 Sep 2021)
  • Flat
    • The average price is around £93,979 median price is £92,650 Standard Deviation is £55,506 with Total Sold: 306
    • The Last 5 Year average price is £170,560 with Total Sold: 50
    • The most recent sale happened at this postcode is , 11 LESTER PIGGOTT WAY: £145,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 38 WESTON WAY: £26,250 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £140,380 median price is £134,100 Standard Deviation is £72,548 with Total Sold: 280
    • The Last 5 Year average price is £234,264 with Total Sold: 36
    • The most recent sale happened at this postcode is , 5 CARSON WALK: £257,500 (Sold on 27 Jun 2023)
    • The first recorded sale happened at this postcode is , 20 LESTER PIGGOTT WAY: £58,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£522,000 £5,196 5
2023£503,750 £3,813 8
2022£503,883 £4,281 15
2021£464,078 £3,559 16
2020£394,056 £3,811 9
2019£642,812 £3,542 16
2018£362,000 £3,507 14
2017£835,077 £5,189 13
2016£395,964 £3,548 14
2015£352,000 £3,259 17
2014£365,971 £2,812 19
2013£318,593 £2,487 16
2012£238,100 £2,224 10
2011£334,669 £2,691 13
2010£287,419 £2,440 10
2009£263,767 £2,337 15
2008£342,460 £2,668 19
2007£326,721 £3,239 18
2006£296,527 £2,491 15
2005£296,071 £2,281 14
2004£313,000 £2,533 20
2003£227,929 £1,923 14
2002£332,950 £1,846 27
2001£265,831 £1,773 21
2000£152,995 £1,294 11
1999£147,254 £1,297 35
1998£126,640 £1,090 20
1997£119,456 £943 20
1996£81,488 £831 8
1995£92,389 £822 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£242,5004
2023£316,143 £4,307 7
2022£256,000 £3,482 5
2021£238,000 £2,664 2
2020£321,100 £3,758 5
2019£259,250 £3,662 2
2018£290,125 £3,921 4
2017£248,000 £3,643 6
2016£248,470 £3,653 5
2015£226,600 £3,090 7
2014£191,778 £2,774 9
2013£182,167 £2,856 6
2012£176,500 £2,885 4
2011£193,325 £2,865 6
2010£204,082 £2,171 6
2009£190,500 £2,615 3
2008£152,100 £2,709 5
2007£185,583 £2,589 12
2006£165,888 £2,631 9
2005£156,714 £2,226 7
2004£146,125 £2,452 6
2003£160,038 £2,172 13
2002£127,175 £1,847 18
2001£94,222 £1,287 9
2000£66,139 £1,295 9
1999£78,944 £1,181 17
1998£68,834 £1,040 9
1997£65,642 £935 19
1996£50,492 £939 13
1995£56,914 £891 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,0001
2021£129,000 £3,583 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,667 £3,292 6
2023£138,000 £3,153 7
2022£146,833 £3,183 3
2021£163,200 £3,005 10
2020£184,136 £3,033 11
2019£203,385 £3,066 13
2018£135,222 £3,328 9
2017£130,071 £3,017 7
2016£114,194 £2,992 9
2015£106,100 £2,297 5
2014£102,867 £2,240 15
2013£103,600 £2,441 10
2012£99,000 £2,424 5
2011£87,667 £2,034 3
2010£94,625 £2,050 4
2009£98,750 £1,762 10
2008£106,748 £1,748 2
2007£105,516 £2,800 16
2006£101,273 £2,456 19
2005£92,875 £2,227 12
2004£87,468 £2,286 19
2003£69,808 £1,762 19
2002£69,625 £1,800 16
2001£53,994 £1,221 9
2000£35,132 £1,033 19
1999£41,771 £937 12
1998£34,738 £848 12
1997£29,558 £905 12
1996£33,032 £757 6
1995£28,942 £810 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£252,375 £3,555 4
2022£285,778 £3,071 9
2021£225,250 £3,062 6
2020£194,222 £2,921 9
2019£219,062 £3,033 8
2018£243,929 £2,946 7
2017£228,000 £3,176 4
2016£213,241 £2,977 11
2015£218,429 £2,984 7
2014£184,125 £2,283 12
2013£144,062 £1,839 8
2012£178,250 £2,176 4
2011£151,750 £2,013 8
2010£154,749 £2,393 8
2009£139,167 £2,207 3
2008£146,200 £2,526 5
2007£140,520 £2,674 11
2006£147,894 £2,150 19
2005£143,249 £2,199 8
2004£127,526 £1,873 19
2003£111,287 £1,973 13
2002£116,562 £1,709 12
2001£99,758 £1,418 13
2000£70,812 £1,114 13
1999£78,487 £1,170 21
1998£59,741 £995 15
1997£49,469 £796 8
1996£54,382 £869 7
1995£49,375 £624 8

House Type in CB8 7FB area

The most common house types in the CB8 7FB postcode area are Detached (54), Flat (29), and Terraced (23).

Total132
Detached54
Flat29
Terraced23
Semi-detached22
Shared house4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (47), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan47
Owned: Owns outright43
Private rented: Private landlord or letting agency34
Private rented: Other private rented6
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CB8 7FB have 1 person in household (65), and 2 people in household (45).

1 person in household65
2 people in household45
3 people in household9
4 people in household9
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0