Housing Market Analysis for MILL TERRACE, IP14 5RW

Are you looking to understand IP14 5RW 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 Mid Suffolk postcode.

For the location information and nearby amenities in the IP14 5RW area, explore the IP14 5RW Area information page.
For comprehensive crime statistics in the IP14 5RW area, explore the IP14 5RW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP14 5RW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £483,750 median price is £432,500 Standard Deviation is £215,939 with Total Sold: 4
    • The Last 5 Year average price is £825,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE THATCHED COTTAGE: £825,000 (Sold on 17 Aug 2023)
    • The first recorded sale happened at this postcode is OLD MILL HOUSE: £245,000 (Sold on 13 Aug 2001)
  • Terraced
    • The average price is around £167,067 median price is £177,250 Standard Deviation is £66,904 with Total Sold: 6
    • The Last 5 Year average price is £255,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 MILL TERRACE: £255,000 (Sold on 24 Sep 2021)
    • The first recorded sale happened at this postcode is 1 MILL TERRACE: £53,000 (Sold on 09 Oct 2000)
  • Semi-Detached
    • The average price is around £125,000 median price is £125,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 MILL TERRACE: £125,000 (Sold on 07 Dec 2007)
    • The first recorded sale happened at this postcode is 2 MILL TERRACE: £125,000 (Sold on 07 Dec 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average IP14 5RW 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£825,000 £3,825 1
2010£432,500 £2,295 2
2001£245,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£255,000 £3,148 1
2018£207,500 £3,007 1
2016£215,000 £2,654 1
2014£124,900 £1,735 1
2013£147,000 £2,130 1
2000£53,000 £654 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£125,000 £1,812 1

All the Sales in the MILL TERRACE, IP14 5RW

See the table below for more details on the sold house prices in the IP14 5RW, Mid Suffolk postcode.

AddressSold DatePrice% Change
THE THATCHED COTTAGEDetached, FreeholdArea: 215.67 Sq.mtrAge: before 190017 Aug 2023£825,00066.67%
11 Aug 2010£495,000First Sale
1 MILL TERRACETerraced, FreeholdArea: 81 Sq.mtrAge: before 190024 Sep 2021£255,00018.60%
04 Feb 2016£215,000305.66%
09 Oct 2000£53,000First Sale
2 MILL TERRACETerraced, FreeholdArea: 69 Sq.mtrAge: before 190014 Dec 2018£207,50041.16%
22 Mar 2013£147,00017.60%
07 Dec 2007£125,000First Sale
4 MILL TERRACETerraced, FreeholdArea: 72 Sq.mtrAge: before 190007 Feb 2014£124,900First Sale
OLD MILL HOUSEDetached, Freehold30 Apr 2010£370,00051.02%
13 Aug 2001£245,000First Sale

Check out the sold house prices near the IP14 5RW postcode. Properties currently for saleProperties currently for rent

MILL TERRACE, IP14 5RW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP14 5RW 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 IP14 5RW postcode.

  • Detached
    • The average price is around £282,701 median price is £262,000 Standard Deviation is £145,475 with Total Sold: 59
    • The Last 5 Year average price is £438,950 with Total Sold: 10
    • The most recent sale happened at this postcode is , WOODFIELD : £325,000 (Sold on 10 Jun 2024)
    • The first recorded sale happened at this postcode is , HIGH HOUSE FARM : £120,000 (Sold on 14 Aug 1995)
  • Other
    • The average price is around £357,750 median price is £221,500 Standard Deviation is £316,166 with Total Sold: 6
    • The Last 5 Year average price is £308,833 with Total Sold: 3
    • The most recent sale happened at this postcode is , GREEN FARM LODGE : £600,000 (Sold on 01 May 2024)
    • The first recorded sale happened at this postcode is , THE BAPTIST CHAPEL : £125,000 (Sold on 08 May 2015)
  • Semi-Detached
    • The average price is around £141,104 median price is £119,250 Standard Deviation is £92,926 with Total Sold: 38
    • The Last 5 Year average price is £268,200 with Total Sold: 6
    • The most recent sale happened at this postcode is , BRIAR PATCH : £360,000 (Sold on 11 Oct 2022)
    • The first recorded sale happened at this postcode is , 9 THE GREEN: £37,000 (Sold on 27 Sep 1996)
  • Terraced
    • The average price is around £107,191 median price is £92,500 Standard Deviation is £63,280 with Total Sold: 43
    • The Last 5 Year average price is £191,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , WILD BRYONY : £165,000 (Sold on 03 Aug 2022)
    • The first recorded sale happened at this postcode is , 1 FORGE COTTAGES: £53,000 (Sold on 23 Jun 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£319,1673
2023£572,250 £2,937 2
2021£577,833 £3,189 3
2019£277,000 £2,632 2
2018£480,000 £2,093 1
2016£255,000 £2,118 2
2015£264,750 £2,339 4
2014£301,000 £1,824 1
2013£421,500 £2,154 2
2012£280,500 £1,759 3
2011£232,875 £1,941 2
2010£368,250 £1,826 4
2009£281,500 £1,921 2
2007£262,000 £2,183 1
2006£258,000 £2,031 3
2005£249,000 £1,856 2
2004£307,083 £2,087 6
2003£304,000 £1,218 2
2001£245,0001
1999£138,583 £901 6
1998£162,500 £1,036 2
1997£36,6001
1996£70,332 £559 3
1995£120,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£600,0001
2020£288,000 £3,310 1
2019£38,500 £370 1
2018£940,000 £5,341 1
2015£140,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£360,000 £4,000 1
2021£270,000 £2,677 2
2020£375,000 £2,610 1
2019£167,100 £2,465 2
2016£285,000 £2,159 1
2015£247,500 £2,507 2
2013£155,000 £3,769 1
2011£285,000 £1,983 1
2010£135,417 £1,473 3
2009£120,000 £1,333 1
2008£115,5001
2007£121,750 £1,841 2
2006£110,000 £640 1
2005£142,000 £1,822 2
2004£128,5001
2003£130,995 £1,819 1
2002£109,9501
2001£35,825 £852 2
2000£71,9833
1999£97,750 £775 1
1998£71,740 £569 5
1997£51,500 £356 2
1996£37,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£165,000 £3,235 1
2021£200,000 £2,996 2
2020£140,000 £3,590 1
2019£252,000 £2,066 1
2018£207,500 £3,007 1
2016£194,125 £2,771 2
2014£141,633 £1,892 3
2013£147,000 £2,130 1
2010£215,0001
2009£93,000 £1,717 2
2008£125,0001
2007£154,500 £3,353 2
2006£114,000 £1,972 1
2005£115,000 £2,556 1
2004£114,500 £1,750 2
2003£68,750 £2,407 2
2002£84,500 £1,455 3
2001£47,250 £1,463 2
2000£55,500 £962 3
1999£57,025 £670 2
1998£31,500 £1,432 1
1997£61,833 £857 3
1996£38,875 £703 4
1995£53,000 £434 1

House Type in IP14 5RW area

The most common house types in the IP14 5RW postcode area are Detached (130), Semi-detached (48), and Terraced (29).

Total216
Detached130
Semi-detached48
Terraced29
temporary structure6
Shared house3
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (104), and Owned: Owns with a mortgage or loan (75).

Owned: Owns outright104
Owned: Owns with a mortgage or loan75
Private rented: Other private rented16
Social rented: Other social rented14
Private rented: Private landlord or letting agency5
Social rented: Rents from council or Local Authority4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP14 5RW have 2 people in household (98), and 1 person in household (45).

2 people in household98
1 person in household45
3 people in household38
4 people in household23
5 people in household7
7 people in household7
6 people in household3
8 or more people in household2
0 people in household0