Housing Market Analysis for MILL LANE, IP12 3LL

Are you looking to understand IP12 3LL 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 East Suffolk postcode.

For the location information and nearby amenities in the IP12 3LL area, explore the IP12 3LL Area information page.
For comprehensive crime statistics in the IP12 3LL area, explore the IP12 3LL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP12 3LL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £322,000 median price is £360,000 Standard Deviation is £94,159 with Total Sold: 5
    • The most recent sale happened at this postcode is GREEN ACRES MILL LANE: £440,000 (Sold on 24 Aug 2015)
    • The first recorded sale happened at this postcode is SANDY RISE MILL LANE: £190,000 (Sold on 01 Sep 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 3LL 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
2015£440,000 £3,697 1
2008£385,0001
2006£360,0001
2003£235,0001
2000£190,0001

All the Sales in the MILL LANE, IP12 3LL

See the table below for more details on the sold house prices in the IP12 3LL, East Suffolk postcode.

AddressSold DatePrice% Change
GREEN ACRES MILL LANEDetached, FreeholdArea: 119 Sq.mtrAge: 1950-196624 Aug 2015£440,000First Sale
REST HAVEN MILL LANEDetached, Freehold09 Jan 2008£385,000First Sale
SANDY RISE MILL LANEDetached, Freehold12 Sep 2006£360,00089.47%
01 Sep 2000£190,000First Sale
MILL RISE MILL LANEDetached, Freehold24 Nov 2003£235,000First Sale

Check out the sold house prices near the IP12 3LL postcode. Properties currently for saleProperties currently for rent

MILL LANE, IP12 3LL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP12 3LL 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 IP12 3LL postcode.

  • Terraced
    • The average price is around £101,387 median price is £138,000 Standard Deviation is £57,611 with Total Sold: 6
    • The Last 5 Year average price is £143,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 6 COTTONS ACRE: £142,000 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is , 6 COTTONS ACRE: £16,800 (Sold on 13 Jan 1999)
  • Detached
    • The average price is around £302,630 median price is £320,000 Standard Deviation is £132,601 with Total Sold: 23
    • The Last 5 Year average price is £377,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , SHEEPSTOR : £495,000 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is , CHESTERFIELD LODGE THE STREET: £88,500 (Sold on 16 Oct 1996)
  • Semi-Detached
    • The average price is around £233,909 median price is £268,500 Standard Deviation is £107,222 with Total Sold: 11
    • The most recent sale happened at this postcode is , JUBILEE COTTAGE : £365,000 (Sold on 14 Dec 2018)
    • The first recorded sale happened at this postcode is , PROSPECT COTTAGE : £67,000 (Sold on 16 Aug 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£142,0001
2020£144,500 £1,376 2
2006£137,000 £1,612 1
1999£20,160 £198 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£495,000 £3,486 1
2019£260,000 £3,514 1
2018£320,000 £2,336 1
2017£436,000 £2,449 1
2016£382,000 £2,146 1
2015£440,000 £3,697 1
2012£482,500 £3,094 2
2008£385,0001
2006£370,000 £1,603 2
2005£367,5002
2003£235,0001
2002£203,667 £1,068 3
2000£152,500 £839 2
1999£232,500 £1,522 2
1998£98,0001
1996£88,500 £540 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£365,000 £3,259 1
2016£304,250 £3,042 2
2013£300,000 £3,182 1
2012£128,0001
2011£340,000 £2,971 2
2004£90,000 £1,113 1
2003£192,000 £1,713 1
1999£142,500 £1,159 1
1996£67,000 £598 1

House Type in IP12 3LL area

The most common house types in the IP12 3LL postcode area are Detached (32), Semi-detached (20), and Terraced (19).

Total74
Detached32
Semi-detached20
Terraced19
Flat2
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (40), and Social rented: Other social rented (17).

Owned: Owns outright40
Social rented: Other social rented17
Owned: Owns with a mortgage or loan10
Private rented: Private landlord or letting agency4
Social rented: Rents from council or Local Authority3
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 IP12 3LL have 2 people in household (38), and 1 person in household (25).

2 people in household38
1 person in household25
3 people in household5
4 people in household3
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0