Housing Market Analysis for MILL LANE, IP12 3PZ

Are you looking to understand IP12 3PZ 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 3PZ area, explore the IP12 3PZ Area information page.
For comprehensive crime statistics in the IP12 3PZ area, explore the IP12 3PZ Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £377,500 median price is £400,000 Standard Deviation is £188,464 with Total Sold: 4
    • The Last 5 Year average price is £403,333 with Total Sold: 3
    • The most recent sale happened at this postcode is LOWLANDS MILL LANE: £500,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is 2, MILL LANE HOUSE MILL LANE: £300,000 (Sold on 19 Nov 2007)
  • Semi-Detached
    • The average price is around £298,800 median price is £350,000 Standard Deviation is £97,076 with Total Sold: 5
    • The Last 5 Year average price is £390,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MILL HOUSE MILL LANE: £390,000 (Sold on 01 Apr 2021)
    • The first recorded sale happened at this postcode is 2, MILL LANE HOUSE MILL LANE: £199,000 (Sold on 19 Oct 2012)
  • Other
    • The average price is around £494,989 median price is £494,989 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is BUTLEY MILLS MILL LANE: £494,989 (Sold on 01 Jun 2018)
    • The first recorded sale happened at this postcode is BUTLEY MILLS MILL LANE: £494,989 (Sold on 01 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 3PZ 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
2023£500,0001
2022£110,0001
2021£600,0001
2007£300,000 £2,343 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£390,000 £1,378 1
2017£390,000 £3,046 1
2016£350,000 £1,237 1
2014£165,000 £583 1
2012£199,000 £1,554 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£494,9891

All the Sales in the MILL LANE, IP12 3PZ

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

AddressSold DatePrice% Change
LOWLANDS MILL LANEDetached, Freehold16 Jun 2023£500,000354.55%
30 Aug 2022£110,000First Sale
BUTLEY MILLS MILL LANEDetached, Freehold29 Jun 2021£600,00021.21%
01 Jun 2018£494,989First Sale
MILL HOUSE MILL LANESemi-Detached, FreeholdArea: 283 Sq.mtrAge: before 190001 Apr 2021£390,00011.43%
17 Jun 2016£350,000112.12%
13 Jun 2014£165,000First Sale
2, MILL LANE HOUSE MILL LANESemi-Detached, FreeholdArea: 128.02 Sq.mtrAge: before 190010 Mar 2017£390,00095.98%
19 Oct 2012£199,000-33.67%
19 Nov 2007£300,000First Sale

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

MILL LANE, IP12 3PZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £382,350 median price is £280,000 Standard Deviation is £275,652 with Total Sold: 10
    • The Last 5 Year average price is £577,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , LOWLANDS MILL LANE: £500,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is , OLD SCHOOL HOUSE : £230,000 (Sold on 10 Apr 1995)
  • Semi-Detached
    • The average price is around £244,342 median price is £199,950 Standard Deviation is £97,988 with Total Sold: 13
    • The Last 5 Year average price is £390,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 WOOD COTTAGES: £390,000 (Sold on 01 Jun 2023)
    • The first recorded sale happened at this postcode is , 2 WOOD COTTAGES: £82,500 (Sold on 12 Jan 2001)
  • Other
    • The average price is around £494,989 median price is £494,989 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , BUTLEY MILLS MILL LANE: £494,989 (Sold on 01 Jun 2018)
    • The first recorded sale happened at this postcode is , BUTLEY MILLS MILL LANE: £494,989 (Sold on 01 Jun 2018)
  • Terraced
    • The average price is around £131,000 median price is £90,500 Standard Deviation is £111,658 with Total Sold: 8
    • The most recent sale happened at this postcode is , 30 LONG ROW: £190,000 (Sold on 12 Feb 2018)
    • The first recorded sale happened at this postcode is , 25 LONG ROW: £13,000 (Sold on 26 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£500,0001
2022£605,000 £2,683 2
2021£600,0001
2014£285,000 £2,615 1
2007£300,000 £2,343 1
2005£275,000 £2,022 1
2003£211,750 £1,636 2
1995£230,000 £561 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£390,000 £3,611 1
2021£390,000 £1,378 1
2017£390,000 £3,046 1
2016£350,000 £1,237 1
2015£250,000 £2,315 1
2014£192,500 £1,449 2
2012£199,475 £1,703 2
2007£180,000 £1,895 1
2006£180,000 £2,414 2
2001£82,500 £764 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£494,9891
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£190,000 £3,725 1
2010£385,000 £3,182 1
2003£104,000 £2,039 1
2001£77,0001
2000£64,000 £1,255 1
1999£42,0001
1996£173,000 £3,327 1
1995£13,0001

House Type in IP12 3PZ area

The most common house types in the IP12 3PZ postcode area are Semi-detached (81), Detached (72), and Terraced (29).

Total184
Semi-detached81
Detached72
Terraced29
Shared house1
commercial building1
Flat0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (70), and Private rented: Private landlord or letting agency (64).

Owned: Owns outright70
Private rented: Private landlord or letting agency64
Owned: Owns with a mortgage or loan32
Private rented: Other private rented11
Social rented: Other social rented5
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 IP12 3PZ have 2 people in household (71), and 1 person in household (54).

2 people in household71
1 person in household54
3 people in household28
4 people in household17
5 people in household13
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0