Housing Market Analysis for MILL REEF CLOSE, CB8 7RW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £164,917 median price is £189,000 Standard Deviation is £92,733 with Total Sold: 6
    • The Last 5 Year average price is £261,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 MILL REEF CLOSE: £292,500 (Sold on 19 Feb 2021)
    • The first recorded sale happened at this postcode is 6 MILL REEF CLOSE: £40,000 (Sold on 06 Dec 1999)
  • Semi-Detached
    • The average price is around £116,000 median price is £130,000 Standard Deviation is £61,698 with Total Sold: 7
    • The Last 5 Year average price is £205,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 MILL REEF CLOSE: £205,000 (Sold on 04 Nov 2020)
    • The first recorded sale happened at this postcode is 1 MILL REEF CLOSE: £14,000 (Sold on 13 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CB8 7RW 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£292,500 £2,333 1
2020£230,000 £1,949 1
2015£210,000 £1,675 1
2011£168,000 £1,340 1
2000£49,000 £392 1
1999£40,000 £323 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£205,000 £2,385 1
2015£155,000 £1,804 1
2013£124,500 £1,449 1
2009£136,750 £1,098 2
1998£40,000 £471 1
1996£14,000 £165 1

All the Sales in the MILL REEF CLOSE, CB8 7RW

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

AddressSold DatePrice% Change
10 MILL REEF CLOSETerraced, FreeholdArea: 125.37 Sq.mtrAge: 1976-198219 Feb 2021£292,50039.29%
30 Jun 2015£210,00025.00%
06 Jul 2011£168,00029.23%
06 Mar 2009£130,000First Sale
11 MILL REEF CLOSETerraced, FreeholdArea: 118 Sq.mtrAge: 1967-197516 Dec 2020£230,000First Sale
4 MILL REEF CLOSESemi-Detached, FreeholdArea: 85.94 Sq.mtrAge: 1983-199004 Nov 2020£205,00032.26%
16 Jul 2015£155,000First Sale
1 MILL REEF CLOSESemi-Detached, FreeholdArea: 85.94 Sq.mtrAge: 1983-199011 Jun 2013£124,500211.25%
31 Mar 1998£40,000185.71%
13 Nov 1996£14,000First Sale
6 MILL REEF CLOSESemi-Detached, FreeholdArea: 123.84 Sq.mtrAge: 1976-198213 Mar 2009£143,500258.75%
06 Dec 1999£40,000First Sale
12 MILL REEF CLOSETerraced, FreeholdArea: 124.94 Sq.mtrAge: 1983-199006 Mar 2000£49,000First Sale

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

MILL REEF CLOSE, CB8 7RW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £127,282 median price is £125,000 Standard Deviation is £61,942 with Total Sold: 673
    • The Last 5 Year average price is £219,135 with Total Sold: 94
    • The most recent sale happened at this postcode is , 246 PARKERS WALK: £204,500 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 22 HIGHCLERE CLOSE: £35,000 (Sold on 23 Jan 1995)
  • Semi-Detached
    • The average price is around £136,560 median price is £130,000 Standard Deviation is £82,314 with Total Sold: 299
    • The Last 5 Year average price is £257,038 with Total Sold: 41
    • The most recent sale happened at this postcode is , 11 CHALONER WAY: £360,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 337 HETHERSETT CLOSE: £48,500 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £254,299 median price is £183,500 Standard Deviation is £186,470 with Total Sold: 154
    • The Last 5 Year average price is £411,532 with Total Sold: 30
    • The most recent sale happened at this postcode is , 286 HETHERSETT CLOSE: £345,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 29 VINCENT CLOSE: £49,500 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £1,242,153 median price is £313,500 Standard Deviation is £1,992,643 with Total Sold: 36
    • The Last 5 Year average price is £1,341,911 with Total Sold: 17
    • The most recent sale happened at this postcode is UNIT 12A, STUDLANDS PARK INDUSTRIAL ESTATE STUDLANDS PARK AVENUE: £600,000 (Sold on 21 Dec 2023)
    • The first recorded sale happened at this postcode is , UNIT 3A ACORN BUSINESS CENTRE: £185,000 (Sold on 05 Sep 2014)
  • Flat
    • The average price is around £103,000 median price is £103,000 Standard Deviation is £18,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 117 PARKERS WALK: £121,000 (Sold on 30 Jul 2010)
    • The first recorded sale happened at this postcode is , 117 PARKERS WALK: £85,000 (Sold on 06 Jul 2009)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,5007
2023£237,300 £2,936 10
2022£245,400 £2,956 15
2021£215,400 £2,807 30
2020£196,580 £2,850 15
2019£205,029 £2,596 17
2018£213,000 £2,343 12
2017£204,713 £2,580 27
2016£189,780 £2,469 27
2015£172,533 £1,942 15
2014£145,823 £2,028 27
2013£137,714 £1,768 14
2012£135,070 £1,714 17
2011£133,167 £1,766 15
2010£131,307 £1,761 21
2009£120,527 £1,256 56
2008£137,722 £2,045 9
2007£145,772 £2,204 11
2006£137,598 £1,905 30
2005£127,988 £1,751 26
2004£122,252 £1,679 27
2003£106,432 £1,454 33
2002£88,464 £1,193 27
2001£74,504 £1,033 25
2000£61,476 £749 52
1999£53,889 £708 38
1998£47,455 £679 20
1997£44,774 £623 17
1996£40,313 £565 19
1995£36,946 £522 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,000 £2,981 2
2023£251,250 £3,372 6
2022£264,775 £3,286 6
2021£293,723 £3,110 13
2020£211,750 £2,524 6
2019£210,438 £2,525 8
2018£227,409 £2,645 11
2017£318,480 £2,709 5
2016£211,250 £2,645 6
2015£172,167 £2,014 9
2014£164,142 £1,892 10
2013£143,700 £1,657 10
2012£147,333 £1,889 6
2011£135,950 £1,760 10
2010£136,666 £2,120 6
2009£129,384 £1,303 22
2008£128,052 £1,675 5
2007£160,363 £1,767 11
2006£137,280 £1,649 15
2005£133,650 £1,716 10
2004£120,938 £1,827 8
2003£122,925 £1,598 10
2002£97,636 £1,239 11
2001£75,630 £1,009 15
2000£68,965 £742 17
1999£59,056 £717 16
1998£48,718 £600 11
1997£49,850 £666 12
1996£45,650 £575 10
1995£40,054 £555 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,0001
2023£426,167 £2,959 6
2022£323,188 £3,384 4
2021£505,725 £3,448 12
2020£341,300 £2,669 5
2019£188,000 £3,047 2
2018£222,000 £3,107 2
2017£225,000 £3,132 4
2016£353,857 £2,667 14
2015£398,618 £2,682 11
2014£238,800 £2,404 5
2013£249,714 £1,917 7
2012£366,000 £2,035 6
2011£160,000 £2,597 1
2010£204,875 £1,996 4
2009£210,500 £1,687 4
2008£188,375 £2,509 4
2007£156,498 £2,296 2
2006£231,714 £2,291 7
2005£201,000 £2,257 5
2004£291,000 £2,033 3
2003£154,832 £1,534 6
2002£180,375 £1,534 8
2001£81,000 £1,306 1
2000£122,250 £927 4
1999£56,749 £744 4
1998£47,500 £709 3
1997£131,875 £960 4
1996£47,435 £612 10
1995£58,800 £348 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£370,0002
2022£2,300,000 £3,045 2
2021£1,736,750 £1,532 4
2020£972,2127
2019£1,860,0002
2018£983,0446
2017£1,842,9698
2016£312,6673
2014£162,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£121,000 £1,891 1
2009£85,000 £1,328 1

House Type in CB8 7RW area

The most common house types in the CB8 7RW postcode area are Semi-detached (71), Terraced (57), and Detached (26).

Total155
Semi-detached71
Terraced57
Detached26
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (58), and Owned: Owns with a mortgage or loan (46).

Private rented: Private landlord or letting agency58
Owned: Owns with a mortgage or loan46
Owned: Owns outright42
Private rented: Other private rented7
Social rented: Other social rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CB8 7RW have 2 people in household (62), and 1 person in household (38).

2 people in household62
1 person in household38
3 people in household38
4 people in household14
7 people in household2
5 people in household1
6 people in household1
0 people in household0
8 or more people in household0