Housing Market Analysis for MILL HILL ESTATE, IP16 4QB

Are you looking to understand IP16 4QB 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 IP16 4QB area, explore the IP16 4QB Area information page.
For comprehensive crime statistics in the IP16 4QB area, explore the IP16 4QB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP16 4QB postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £106,768 median price is £94,998 Standard Deviation is £50,188 with Total Sold: 4
    • The Last 5 Year average price is £178,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 MILL HILL ESTATE: £178,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is 7 MILL HILL ESTATE: £60,000 (Sold on 20 Mar 2001)
  • Semi-Detached
    • The average price is around £152,000 median price is £152,000 Standard Deviation is £84,000 with Total Sold: 2
    • The Last 5 Year average price is £236,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MILL HILL ESTATE: £236,000 (Sold on 17 Nov 2022)
    • The first recorded sale happened at this postcode is 17 MILL HILL ESTATE: £68,000 (Sold on 03 Aug 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IP16 4QB 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
2023£178,000 £3,490 1
2016£129,995 £3,023 1
2012£59,075 £1,158 1
2001£60,000 £1,176 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£236,000 £3,233 1
2001£68,000 £878 1

All the Sales in the MILL HILL ESTATE, IP16 4QB

See the table below for more details on the sold house prices in the IP16 4QB, East Suffolk postcode.

AddressSold DatePrice% Change
7 MILL HILL ESTATETerraced, FreeholdArea: 51 Sq.mtrAge: 1950-196616 Jun 2023£178,000201.31%
17 Jul 2012£59,075-1.54%
20 Mar 2001£60,000First Sale
3 MILL HILL ESTATESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1930-194917 Nov 2022£236,000First Sale
8 MILL HILL ESTATETerraced, FreeholdArea: 43 Sq.mtrAge: 1950-196603 Aug 2016£129,995First Sale
17 MILL HILL ESTATESemi-Detached, FreeholdArea: 77.43 Sq.mtrAge: 1950-196603 Aug 2001£68,000First Sale

Check out the sold house prices near the IP16 4QB postcode. Properties currently for saleProperties currently for rent

MILL HILL ESTATE, IP16 4QB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP16 4QB 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 IP16 4QB postcode.

  • Semi-Detached
    • The average price is around £199,547 median price is £210,000 Standard Deviation is £94,884 with Total Sold: 51
    • The Last 5 Year average price is £257,125 with Total Sold: 28
    • The most recent sale happened at this postcode is , 4 WEST HILL: £210,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 3 MILL HILL COTTAGES: £45,995 (Sold on 20 Jul 1995)
  • Detached
    • The average price is around £274,598 median price is £258,500 Standard Deviation is £131,006 with Total Sold: 152
    • The Last 5 Year average price is £444,750 with Total Sold: 28
    • The most recent sale happened at this postcode is , 31 HAWTHORN CLOSE: £340,000 (Sold on 29 Apr 2024)
    • The first recorded sale happened at this postcode is , 17 ALDRINGHAM PARK: £22,500 (Sold on 22 Jun 1995)
  • Flat
    • The average price is around £139,500 median price is £141,750 Standard Deviation is £20,839 with Total Sold: 10
    • The Last 5 Year average price is £166,250 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 3, COLONIAL HOUSE STATION ROAD: £157,500 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is FLAT 10, COLONIAL HOUSE STATION ROAD: £139,500 (Sold on 28 Jun 2017)
  • Terraced
    • The average price is around £188,307 median price is £215,750 Standard Deviation is £78,671 with Total Sold: 10
    • The Last 5 Year average price is £233,429 with Total Sold: 7
    • The most recent sale happened at this postcode is , 7 MILL HILL ESTATE: £178,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is , 7 MILL HILL ESTATE: £60,000 (Sold on 20 Mar 2001)
  • Other
    • The average price is around £616,414 median price is £579,680 Standard Deviation is £524,029 with Total Sold: 4
    • The Last 5 Year average price is £710,328 with Total Sold: 2
    • The most recent sale happened at this postcode is , ALDRINGHAM COURT NURSING HOME ALDEBURGH ROAD: £1,261,297 (Sold on 29 Mar 2023)
    • The first recorded sale happened at this postcode is , PARROT & PUNCHBOWL INN : £45,000 (Sold on 12 Jul 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,0002
2022£229,042 £3,370 12
2021£307,455 £3,907 11
2020£213,000 £2,899 3
2019£300,000 £2,419 1
2015£210,000 £3,580 1
2014£280,000 £2,059 1
2010£207,500 £2,827 1
2009£170,000 £1,592 2
2008£157,450 £2,302 2
2006£192,000 £1,548 1
2005£147,750 £1,582 2
2003£144,000 £1,800 1
2002£89,500 £1,243 1
2001£78,333 £980 3
1998£55,167 £796 3
1997£53,5001
1996£48,0001
1995£50,998 £414 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,0001
2023£620,000 £2,857 1
2022£507,500 £4,961 2
2021£456,875 £3,374 16
2020£396,000 £3,246 8
2019£371,500 £2,839 3
2018£363,750 £3,242 4
2017£335,045 £2,760 10
2016£351,000 £3,420 5
2015£270,900 £2,047 5
2014£275,050 £3,153 6
2013£241,400 £2,702 5
2012£243,750 £2,687 6
2011£301,000 £2,113 4
2010£354,000 £2,003 5
2009£325,125 £3,986 4
2008£335,000 £2,131 2
2007£285,250 £3,243 4
2006£217,754 £1,640 6
2005£80,800 £371 2
2004£259,000 £2,530 2
2003£187,954 £1,747 12
2002£195,500 £1,302 4
2001£156,738 £1,441 21
2000£85,000 £392 1
1999£136,650 £616 5
1998£65,7752
1997£151,0003
1996£68,500 £1,007 1
1995£57,375 £359 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£157,500 £2,283 1
2021£175,000 £2,536 1
2018£129,875 £2,806 4
2017£135,750 £2,574 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£178,000 £3,490 1
2022£233,200 £3,199 5
2021£290,000 £3,494 1
2016£129,995 £3,023 1
2012£59,075 £1,158 1
2001£60,000 £1,176 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,261,2971
2020£159,360 £1,992 1
2019£1,000,000 £12,821 1
2017£45,0001

House Type in IP16 4QB area

The most common house types in the IP16 4QB postcode area are Detached (89), Semi-detached (42), and Terraced (23).

Total166
Detached89
Semi-detached42
Terraced23
Shared house7
Flat3
converted building1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (94), and Social rented: Other social rented (27).

Owned: Owns outright94
Social rented: Other social rented27
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency9
Private rented: Other private rented7
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP16 4QB have 2 people in household (78), and 1 person in household (60).

2 people in household78
1 person in household60
4 people in household13
3 people in household10
5 people in household4
7 people in household2
6 people in household1
0 people in household0
8 or more people in household0