Housing Market Analysis for MILL LANE, CB8 7JN

Are you looking to understand CB8 7JN 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 7JN area, explore the CB8 7JN Area information page.
For comprehensive crime statistics in the CB8 7JN area, explore the CB8 7JN Crime Rates page.

Overview of Sold House prices

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

  • Flat
    • The average price is around £74,000 median price is £74,000 Standard Deviation is £36,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 11 MILL LANE: £110,000 (Sold on 29 Jun 2006)
    • The first recorded sale happened at this postcode is 7 MILL LANE: £38,000 (Sold on 22 Dec 1998)
  • Detached
    • The average price is around £68,000 median price is £68,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 MILL LANE: £68,000 (Sold on 23 Aug 1996)
    • The first recorded sale happened at this postcode is 2 MILL LANE: £68,000 (Sold on 23 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CB8 7JN 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£110,0001
1998£38,000 £844 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£68,000 £687 1

All the Sales in the MILL LANE, CB8 7JN

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

AddressSold DatePrice% Change
11 MILL LANEFlat, Leasehold29 Jun 2006£110,000First Sale
7 MILL LANEFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-197522 Dec 1998£38,000First Sale
2 MILL LANEDetached, FreeholdArea: 99 Sq.mtrAge: 1950-196623 Aug 1996£68,000First Sale

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

MILL LANE, CB8 7JN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CB8 7JN 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 7JN postcode.

  • Semi-Detached
    • The average price is around £183,883 median price is £156,000 Standard Deviation is £114,937 with Total Sold: 159
    • The Last 5 Year average price is £308,205 with Total Sold: 22
    • The most recent sale happened at this postcode is , 20 BEECHWOOD CLOSE: £320,000 (Sold on 21 Sep 2024)
    • The first recorded sale happened at this postcode is , 13 BURWELL ROAD: £54,500 (Sold on 28 Apr 1995)
  • Terraced
    • The average price is around £166,911 median price is £144,550 Standard Deviation is £144,085 with Total Sold: 386
    • The Last 5 Year average price is £328,170 with Total Sold: 67
    • The most recent sale happened at this postcode is , 18 MALLARD WAY: £287,500 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 27 LACEYS LANE: £49,500 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £324,886 median price is £329,950 Standard Deviation is £163,083 with Total Sold: 334
    • The Last 5 Year average price is £483,340 with Total Sold: 53
    • The most recent sale happened at this postcode is , 1A LACEYS LANE: £425,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 10 CHAPEL STREET: £113,000 (Sold on 07 Feb 1995)
  • Other
    • The average price is around £912,441 median price is £426,480 Standard Deviation is £1,366,064 with Total Sold: 18
    • The Last 5 Year average price is £675,571 with Total Sold: 10
    • The most recent sale happened at this postcode is , 1 HARRATON SQUARE: £364,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 60 LACEYS LANE: £120,000 (Sold on 27 May 2014)
  • Flat
    • The average price is around £223,278 median price is £113,500 Standard Deviation is £298,358 with Total Sold: 52
    • The Last 5 Year average price is £194,950 with Total Sold: 10
    • The most recent sale happened at this postcode is THE MORRIS APARTMENT, EXNING HOUSE COTTON END ROAD: £460,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is , 3 NEW ROAD: £29,500 (Sold on 12 Oct 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,0002
2023£321,750 £3,545 4
2022£405,000 £3,808 2
2021£281,000 £3,104 6
2020£254,583 £2,828 6
2019£435,000 £2,021 2
2018£281,663 £3,301 6
2017£270,803 £3,092 12
2016£258,333 £2,772 3
2015£243,165 £2,227 3
2014£59,532 £451 1
2013£178,750 £1,986 2
2012£315,000 £1,849 2
2011£176,714 £2,034 7
2010£143,000 £2,188 4
2009£221,000 £2,209 2
2008£173,750 £2,493 4
2007£346,250 £2,055 4
2006£150,083 £2,243 9
2005£273,699 £2,145 5
2004£249,627 £1,137 4
2003£225,833 £1,111 3
2002£165,570 £1,771 13
2001£103,036 £1,454 7
2000£78,375 £827 10
1999£68,489 £886 9
1998£81,741 £821 7
1997£88,214 £617 7
1996£58,562 £708 8
1995£61,500 £518 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£436,2502
2023£365,611 £3,323 9
2022£329,278 £3,361 17
2021£308,773 £3,272 19
2020£288,250 £3,000 10
2019£347,750 £3,179 10
2018£267,125 £3,082 8
2017£234,988 £3,220 20
2016£231,295 £2,866 10
2015£187,778 £2,705 9
2014£179,843 £2,414 22
2013£158,038 £2,099 18
2012£154,000 £2,091 12
2011£124,773 £1,990 11
2010£160,624 £2,103 10
2009£147,389 £1,797 9
2008£137,869 £2,046 6
2007£161,865 £2,213 17
2006£144,761 £2,201 16
2005£122,305 £1,705 10
2004£133,338 £1,935 17
2003£110,781 £1,380 16
2002£123,142 £1,590 19
2001£80,604 £1,172 14
2000£67,983 £1,007 10
1999£60,362 £840 16
1998£53,799 £881 12
1997£46,928 £650 15
1996£46,391 £591 16
1995£47,158 £683 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£537,938 £3,312 8
2023£499,500 £3,359 10
2022£453,438 £3,721 8
2021£488,450 £3,145 10
2020£475,583 £2,897 6
2019£450,273 £3,378 11
2018£406,522 £2,947 19
2017£415,964 £2,921 38
2016£425,122 £3,004 20
2015£357,564 £2,613 7
2014£418,091 £2,480 11
2013£364,375 £2,162 4
2012£297,778 £2,714 9
2011£275,900 £2,567 6
2010£326,000 £2,195 5
2009£310,000 £1,864 5
2008£352,500 £5,360 4
2007£339,782 £2,106 7
2006£339,553 £2,106 19
2005£301,566 £2,238 15
2004£339,750 £1,959 16
2003£320,800 £1,589 10
2002£239,281 £1,789 8
2001£197,355 £1,317 11
2000£122,661 £1,191 9
1999£108,050 £677 10
1998£109,211 £924 9
1997£101,653 £790 14
1996£105,723 £569 11
1995£110,071 £963 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£494,5002
2023£482,070 £2,745 3
2021£1,312,500 £2,946 2
2020£210,000 £2,267 2
2019£1,275,500 £3,023 1
2018£852,500 £6,225 3
2017£234,500 £2,010 2
2016£342,0001
2014£3,149,867 £23,140 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£460,000 £1,483 1
2022£172,875 £2,534 4
2021£164,000 £2,312 2
2020£158,750 £3,750 2
2019£152,5001
2018£161,417 £2,000 3
2015£142,500 £2,938 2
2013£1,415,0001
2012£408,625 £1,790 4
2011£111,900 £1,735 2
2010£79,000 £1,390 2
2009£855,0001
2007£500,0001
2006£100,333 £2,031 3
2005£369,500 £1,415 4
2004£102,000 £1,645 1
2003£256,988 £1,616 4
2002£226,333 £1,696 3
2001£62,7002
2000£43,850 £838 3
1999£52,5002
1998£42,000 £822 3
1995£29,500 £366 1

House Type in CB8 7JN area

The most common house types in the CB8 7JN postcode area are Detached (59), Flat (33), and Semi-detached (26).

Total139
Detached59
Flat33
Semi-detached26
Terraced18
commercial building3
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright55
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency30
Social rented: Other social rented16
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CB8 7JN have 2 people in household (61), and 1 person in household (51).

2 people in household61
1 person in household51
4 people in household14
3 people in household12
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0