Housing Market Analysis for MELLIS ROAD, IP23 8ET

Are you looking to understand IP23 8ET 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 IP23 8ET area, explore the IP23 8ET Area information page.
For comprehensive crime statistics in the IP23 8ET area, explore the IP23 8ET Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP23 8ET postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £297,333 median price is £367,500 Standard Deviation is £115,506 with Total Sold: 3
    • The Last 5 Year average price is £390,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 222 MELLIS ROAD: £390,000 (Sold on 19 Feb 2021)
    • The first recorded sale happened at this postcode is 223 MELLIS ROAD: £134,500 (Sold on 23 Jul 1998)
  • Detached
    • The average price is around £269,000 median price is £195,000 Standard Deviation is £186,312 with Total Sold: 3
    • The most recent sale happened at this postcode is THE OLD RECTORY MELLIS ROAD: £525,000 (Sold on 19 Oct 2007)
    • The first recorded sale happened at this postcode is 225 MELLIS ROAD: £87,000 (Sold on 28 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8ET 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£390,0001
2015£367,5001
1998£134,500 £928 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£525,000 £2,419 1
1999£195,000 £899 1
1995£87,0001

All the Sales in the MELLIS ROAD, IP23 8ET

See the table below for more details on the sold house prices in the IP23 8ET, Mid Suffolk postcode.

AddressSold DatePrice% Change
222 MELLIS ROADSemi-Detached, Freehold19 Feb 2021£390,0006.12%
02 Nov 2015£367,500First Sale
THE OLD RECTORY MELLIS ROADDetached, FreeholdArea: 217 Sq.mtrAge: 1900-192919 Oct 2007£525,000169.23%
19 Nov 1999£195,000First Sale
223 MELLIS ROADSemi-Detached, FreeholdArea: 145 Sq.mtrAge: before 190023 Jul 1998£134,500First Sale
225 MELLIS ROADDetached, Freehold28 Jul 1995£87,000First Sale

Check out the sold house prices near the IP23 8ET postcode. Properties currently for saleProperties currently for rent

MELLIS ROAD, IP23 8ET Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP23 8ET 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 IP23 8ET postcode.

  • Detached
    • The average price is around £407,917 median price is £352,500 Standard Deviation is £272,894 with Total Sold: 6
    • The Last 5 Year average price is £637,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , TWIN OAKS BULL ROAD: £340,000 (Sold on 12 Oct 2022)
    • The first recorded sale happened at this postcode is , 225 MELLIS ROAD: £87,000 (Sold on 28 Jul 1995)
  • Semi-Detached
    • The average price is around £232,500 median price is £251,000 Standard Deviation is £150,387 with Total Sold: 4
    • The Last 5 Year average price is £390,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 222 MELLIS ROAD: £390,000 (Sold on 19 Feb 2021)
    • The first recorded sale happened at this postcode is , 213 BULL ROAD: £38,000 (Sold on 20 Nov 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£340,000 £4,416 1
2021£935,500 £17,990 1
2016£365,0001
2007£525,000 £2,419 1
1999£195,000 £899 1
1995£87,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£390,0001
2015£367,5001
1998£134,500 £928 1
1997£38,0001

House Type in IP23 8ET area

The most common house types in the IP23 8ET postcode area are Detached (61), Semi-detached (23), and Terraced (13).

Total105
Detached61
Semi-detached23
Terraced13
converted building7
Shared house1
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Private rented: Private landlord or letting agency (25).

Owned: Owns outright54
Private rented: Private landlord or letting agency25
Owned: Owns with a mortgage or loan22
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP23 8ET have 2 people in household (45), and 1 person in household (39).

2 people in household45
1 person in household39
3 people in household15
4 people in household7
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0