Housing Market Analysis for MELBOURNE DRIVE, IP28 7BP

Are you looking to understand IP28 7BP 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 West Suffolk postcode.

For the location information and nearby amenities in the IP28 7BP area, explore the IP28 7BP Area information page.
For comprehensive crime statistics in the IP28 7BP area, explore the IP28 7BP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP28 7BP postcode area, The average prices are as follows,

Detached
- The average price is around £161,099 median price is £176,500 Standard Deviation is £64,078 with Total Sold: 81
- The Last 5 Year average price is £301,550 with Total Sold: 2
- The most recent sale happened at this postcode is 32 MELBOURNE DRIVE: £328,100 (Sold on 08 Apr 2022)
- The first recorded sale happened at this postcode is 6 MELBOURNE DRIVE: £65,500 (Sold on 11 Aug 1995)
Semi-Detached
- The average price is around £110,409 median price is £82,000 Standard Deviation is £52,463 with Total Sold: 11
- The Last 5 Year average price is £150,000 with Total Sold: 1
- The most recent sale happened at this postcode is 8 MELBOURNE DRIVE: £150,000 (Sold on 12 Feb 2021)
- The first recorded sale happened at this postcode is 93 MELBOURNE DRIVE: £79,100 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 7BP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£328,100	£3,038	1
2021	£275,000	£3,056	1
2019	£210,000	£2,165	1
2018	£300,050	£2,521	1
2016	£254,000	£2,662	2
2015	£233,498	£2,375	2
2014	£221,590	£2,217	5
2013	£195,833	£2,169	3
2012	£176,500	£1,859	1
2011	£200,500	£1,897	2
2010	£217,000	£2,710	2
2008	£222,000	£2,577	2
2007	£221,500	£2,396	2
2006	£194,250	£2,075	4
2005	£190,625	£1,888	4
2004	£190,214	£1,807	7
2003	£180,900	£1,810	5
2002	£164,750	£1,644	4
2001	£132,250	£1,193	2
2000	£116,821	£1,147	7
1999	£98,200	£977	6
1998	£89,950		1
1997	£69,800	£752	5
1996	£75,687	£853	8
1995	£72,167	£739	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£150,000	£2,632	1
2014	£136,950	£3,043	1
2012	£50,000	£847	1
2008	£178,000		1
2007	£210,000		1
2002	£142,000	£1,440	1
2000	£82,000		1
1999	£54,500		1
1998	£65,975	£716	2
1995	£79,100	£802	1

All the Sales in the MELBOURNE DRIVE, IP28 7BP

See the table below for more details on the sold house prices in the IP28 7BP, West Suffolk postcode.

Address	Sold Date	Price	% Change
32 MELBOURNE DRIVEDetached, FreeholdArea: 108 Sq.mtrAge: 1983-1990	08 Apr 2022	£328,100	185.93%
	31 Mar 2000	£114,750	First Sale
8 MELBOURNE DRIVESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1983-1990	12 Feb 2021	£150,000	First Sale
55 MELBOURNE DRIVEDetached, FreeholdArea: 90 Sq.mtrAge: 1976-1982	08 Feb 2021	£275,000	First Sale
61 MELBOURNE DRIVEDetached, FreeholdArea: 97 Sq.mtrAge: 1991-1995	29 Mar 2019	£210,000	-4.55%
	28 Apr 2014	£220,000	-12.00%
	07 Jul 2008	£250,000	56.25%
	22 Feb 2002	£160,000	First Sale
40 MELBOURNE DRIVEDetached, FreeholdArea: 119 Sq.mtrAge: 1996-2002	16 Nov 2018	£300,050	First Sale
47 MELBOURNE DRIVEDetached, FreeholdArea: 91 Sq.mtrAge: 1976-1982	29 Nov 2016	£270,000	17.42%
	30 Apr 2014	£229,950	5.48%
	03 Aug 2007	£218,000	45.33%
	12 Sep 2003	£150,000	First Sale
27 MELBOURNE DRIVEDetached, FreeholdArea: 101 Sq.mtrAge: 1983-1990	16 Sep 2016	£238,000	151.85%
	27 Aug 1999	£94,500	First Sale
36 MELBOURNE DRIVEDetached, FreeholdArea: 93 Sq.mtrAge: 1983-1990	04 Dec 2015	£239,995	20.00%
	15 Feb 2013	£200,000	5.26%
	30 Jun 2010	£190,000	3.83%
	28 Apr 2005	£183,000	142.38%
	25 Aug 1995	£75,500	First Sale
87 MELBOURNE DRIVEDetached, FreeholdArea: 104.68 Sq.mtrAge: 1983-1990	18 Jun 2015	£227,000	10.19%
	21 Jul 2006	£206,000	17.71%
	16 Aug 2002	£175,000	35.14%
	04 Jul 2000	£129,500	56.02%
	26 Jul 1996	£83,000	First Sale
107 MELBOURNE DRIVEDetached, FreeholdArea: 96 Sq.mtrAge: 1991-1995	07 Nov 2014	£222,000	5.21%
	04 Aug 2014	£211,000	8.21%
	08 Dec 2011	£195,000	8.33%
	03 Nov 2004	£180,000	85.57%
	20 Sep 1999	£97,000	First Sale
14 MELBOURNE DRIVESemi-Detached, FreeholdArea: 45 Sq.mtrAge: 1967-1975	28 Aug 2014	£136,950	First Sale
59 MELBOURNE DRIVEDetached, FreeholdArea: 126.32 Sq.mtrAge: 1983-1990	22 Aug 2014	£225,000	7.14%
	08 Apr 2004	£210,000	52.73%
	31 Jul 2000	£137,500	First Sale
29 MELBOURNE DRIVEDetached, FreeholdArea: 88 Sq.mtrAge: 1976-1982	11 Dec 2013	£200,000	First Sale
45 MELBOURNE DRIVEDetached, FreeholdArea: 90 Sq.mtrAge: 1983-1990	25 Jan 2013	£187,500	First Sale
18 MELBOURNE DRIVESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1976-1982	08 Oct 2012	£50,000	First Sale
101 MELBOURNE DRIVEDetached, FreeholdArea: 94.95 Sq.mtrAge: 1983-1990	15 Jun 2012	£176,500	-11.53%
	28 Nov 2005	£199,500	First Sale
89 MELBOURNE DRIVEDetached, FreeholdArea: 116.86 Sq.mtrAge: 1983-1990	09 Sep 2011	£206,000	5.64%
	21 Nov 2003	£195,000	150.00%
	20 Dec 1996	£78,000	First Sale
49 MELBOURNE DRIVEDetached, FreeholdArea: 72.27 Sq.mtrAge: 1983-1990	16 Nov 2010	£244,000	206.92%
	30 Jul 1996	£79,500	First Sale
21 MELBOURNE DRIVEDetached, Freehold	31 Jul 2008	£194,000	58.37%
	31 Jul 2001	£122,500	35.36%
	30 Nov 1999	£90,500	24.83%
	30 Jul 1996	£72,500	First Sale
5 MELBOURNE DRIVESemi-Detached, Freehold	08 Feb 2008	£178,000	First Sale
105 MELBOURNE DRIVESemi-Detached, Freehold	29 Aug 2007	£210,000	First Sale
103 MELBOURNE DRIVEDetached, Freehold	15 Jun 2007	£225,000	First Sale
71 MELBOURNE DRIVEDetached, FreeholdArea: 73.46 Sq.mtrAge: 1976-1982	10 Jul 2006	£170,000	9.68%
	29 Apr 2003	£155,000	First Sale
99 MELBOURNE DRIVEDetached, FreeholdArea: 103.53 Sq.mtrAge: 1983-1990	23 Jun 2006	£201,000	3.08%
	23 Jan 2004	£195,000	First Sale
53 MELBOURNE DRIVEDetached, Freehold	14 Jun 2006	£200,000	6.10%
	13 Dec 2004	£188,500	109.56%
	10 Nov 1998	£89,950	24.93%
	10 May 1996	£72,000	First Sale
15 MELBOURNE DRIVEDetached, Freehold	28 Nov 2005	£190,000	First Sale
85 MELBOURNE DRIVEDetached, FreeholdArea: 119 Sq.mtrAge: 1983-1990	03 Feb 2005	£190,000	33.80%
	27 Jul 2001	£142,000	First Sale
31 MELBOURNE DRIVEDetached, Freehold	19 Jul 2004	£182,000	169.63%
31 MELBOURNE DRIVEDetached, Freehold	28 Aug 1996	£67,500	First Sale
51 MELBOURNE DRIVEDetached, Freehold	16 Apr 2004	£176,000	158.82%
51 MELBOURNE DRIVEDetached, Freehold	13 Dec 1996	£68,000	First Sale
11A MELBOURNE DRIVEDetached, Freehold	12 Mar 2004	£200,000	90.48%
	20 Aug 1999	£105,000	25.75%
	09 Jun 1997	£83,500	First Sale
75 MELBOURNE DRIVEDetached, FreeholdArea: 118 Sq.mtrAge: 1983-1990	01 Aug 2003	£220,000	First Sale
81 MELBOURNE DRIVEDetached, FreeholdArea: 105 Sq.mtrAge: 1991-1995	21 Mar 2003	£184,500	53.75%
	18 Oct 2000	£120,000	First Sale
34 MELBOURNE DRIVEDetached, Freehold	12 Jul 2002	£173,000	57.34%
	17 Sep 1999	£109,950	45.63%
	29 Dec 1995	£75,500	First Sale
79 MELBOURNE DRIVEDetached, FreeholdArea: 93.77 Sq.mtrAge: 1983-1990	05 Apr 2002	£151,000	63.69%
	21 Jul 1999	£92,250	First Sale
93 MELBOURNE DRIVESemi-Detached, FreeholdArea: 98.63 Sq.mtrAge: 1991-1995	24 Jan 2002	£142,000	79.52%
	30 Jun 1995	£79,100	First Sale
1 MELBOURNE DRIVESemi-Detached, Freehold	23 Nov 2000	£82,000	28.23%
1 MELBOURNE DRIVESemi-Detached, Freehold	27 Mar 1998	£63,950	First Sale
30 MELBOURNE DRIVEDetached, FreeholdArea: 94.44 Sq.mtrAge: 1983-1990	21 Jul 2000	£117,000	First Sale
73 MELBOURNE DRIVEDetached, FreeholdArea: 110 Sq.mtrAge: 1991-1995	30 Jun 2000	£109,500	41.29%
	10 Jul 1997	£77,500	First Sale
91 MELBOURNE DRIVEDetached, FreeholdArea: 70.95 Sq.mtrAge: 1983-1990	31 Mar 2000	£89,500	First Sale
12 MELBOURNE DRIVESemi-Detached, Freehold	12 Mar 1999	£54,500	First Sale
7 MELBOURNE DRIVESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1967-1975	25 Sep 1998	£68,000	First Sale
95 MELBOURNE DRIVEDetached, FreeholdArea: 65 Sq.mtrAge: 2007-2011	08 Aug 1997	£61,500	First Sale
77 MELBOURNE DRIVEDetached, FreeholdArea: 88 Sq.mtrAge: 1983-1990	01 Aug 1997	£60,000	First Sale
6 MELBOURNE DRIVEDetached, FreeholdArea: 98.45 Sq.mtrAge: 1967-1975	25 Jul 1997	£66,500	1.53%
	11 Aug 1995	£65,500	First Sale
33 MELBOURNE DRIVEDetached, Freehold	20 Dec 1996	£84,995	First Sale

Check out the sold house prices near the IP28 7BP postcode. Properties currently for saleProperties currently for rent

MELBOURNE DRIVE, IP28 7BP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP28 7BP 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 IP28 7BP postcode.

Terraced
- The average price is around £112,841 median price is £118,000 Standard Deviation is £54,590 with Total Sold: 236
- The Last 5 Year average price is £203,783 with Total Sold: 23
- The most recent sale happened at this postcode is , 40 CHARLES MELROSE CLOSE: £231,000 (Sold on 13 Aug 2024)
- The first recorded sale happened at this postcode is , 40 CHARLES MELROSE CLOSE: £43,950 (Sold on 07 Apr 1995)
Detached
- The average price is around £165,260 median price is £161,500 Standard Deviation is £82,135 with Total Sold: 1,099
- The Last 5 Year average price is £300,084 with Total Sold: 96
- The most recent sale happened at this postcode is , 3 JIM MOLLISON COURT: £311,250 (Sold on 13 Aug 2024)
- The first recorded sale happened at this postcode is , 51 CHARLES MELROSE CLOSE: £63,500 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £130,379 median price is £129,000 Standard Deviation is £67,647 with Total Sold: 339
- The Last 5 Year average price is £237,671 with Total Sold: 38
- The most recent sale happened at this postcode is , 18 FIELD ROAD: £308,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 44 CHARLES MELROSE CLOSE: £45,000 (Sold on 19 Jan 1995)
Other
- The average price is around £714,491 median price is £315,000 Standard Deviation is £1,108,249 with Total Sold: 17
- The Last 5 Year average price is £1,015,250 with Total Sold: 9
- The most recent sale happened at this postcode is , 48 LEYTON AVENUE: £780,000 (Sold on 05 Jan 2024)
- The first recorded sale happened at this postcode is UNIT 13, MERLIN PARK FRED DANNATT ROAD: £110,600 (Sold on 05 Aug 2014)
Flat
- The average price is around £72,499 median price is £76,248 Standard Deviation is £22,297 with Total Sold: 6
- The Last 5 Year average price is £55,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 7 NORTH PLACE: £55,000 (Sold on 28 Mar 2023)
- The first recorded sale happened at this postcode is , 32 FOLLY ROAD: £34,500 (Sold on 30 Aug 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£181,000		4
2023	£226,750	£3,746	4
2022	£226,750	£3,355	6
2021	£187,333	£3,006	6
2020	£190,500	£3,206	3
2019	£176,000	£2,634	5
2018	£180,750	£2,651	6
2017	£174,136	£2,914	7
2016	£152,653	£2,587	13
2015	£130,995	£2,053	10
2014	£138,731	£1,947	8
2013	£118,250	£1,833	6
2012	£123,000	£1,968	5
2011	£114,100	£1,728	5
2010	£129,181	£1,745	8
2009	£121,786	£1,680	7
2008	£134,071	£2,043	7
2007	£123,250	£2,362	10
2006	£126,636	£1,633	11
2005	£119,500	£1,901	6
2004	£97,849	£1,752	9
2003	£108,850	£1,611	7
2002	£88,722	£1,183	9
2001	£62,032	£1,000	14
2000	£56,056	£930	14
1999	£54,924	£847	10
1998	£48,625	£776	8
1997	£46,944	£773	18
1996	£41,625	£359	4
1995	£41,607	£774	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,139	£2,564	9
2023	£310,545	£3,204	10
2022	£312,618	£3,491	22
2021	£295,043	£3,281	35
2020	£291,212	£2,549	20
2019	£266,625	£3,440	22
2018	£254,552	£2,878	20
2017	£256,852	£2,725	20
2016	£248,038	£2,453	26
2015	£228,879	£2,330	39
2014	£204,208	£2,365	45
2013	£192,350	£2,052	30
2012	£180,413	£2,103	26
2011	£189,952	£1,984	21
2010	£197,038	£2,076	17
2009	£212,925	£1,832	14
2008	£197,844	£2,275	16
2007	£223,506	£2,149	44
2006	£190,008	£2,026	44
2005	£175,148	£1,955	44
2004	£184,824	£1,747	40
2003	£170,482	£1,822	57
2002	£146,702	£1,550	55
2001	£119,610	£1,276	61
2000	£111,928	£1,101	50
1999	£93,861	£976	63
1998	£80,027	£842	50
1997	£72,788	£770	78
1996	£70,290	£774	68
1995	£72,891	£732	53

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£308,000		1
2023	£226,278	£2,861	9
2022	£267,333	£2,866	6
2021	£232,853	£2,885	17
2020	£224,900	£2,372	5
2019	£196,250	£2,794	6
2018	£175,000	£3,043	2
2017	£214,688	£2,677	8
2016	£175,944	£2,500	9
2015	£182,420	£2,328	10
2014	£168,439	£2,096	9
2013	£160,064	£1,839	7
2012	£148,688	£1,621	8
2011	£155,417	£1,869	12
2010	£162,809	£1,761	16
2009	£136,317	£2,092	3
2008	£162,250	£1,732	8
2007	£159,038	£1,841	13
2006	£141,904	£2,086	13
2005	£149,633	£1,874	15
2004	£128,450	£1,787	10
2003	£122,146	£1,733	12
2002	£119,991	£1,422	17
2001	£82,997	£1,137	15
2000	£77,392	£1,016	14
1999	£65,438	£833	17
1998	£54,343	£686	15
1997	£54,384	£698	23
1996	£52,916	£666	21
1995	£52,585	£711	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£780,000		1
2023	£860,000		1
2022	£201,667		3
2021	£135,250		1
2020	£2,252,333	£1,737	3
2019	£650,000		1
2017	£355,200	£65	5
2016	£472,500		1
2014	£110,600		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£55,000	£1,196	1
2011	£93,000	£1,951	1
2008	£79,995		1
2007	£86,250	£2,174	2
1996	£34,500	£724	1

House Type in IP28 7BP area

The most common house types in the IP28 7BP postcode area are Detached (137), Semi-detached (18), and Terraced (6).

Total	162
Detached	137
Semi-detached	18
Terraced	6
Shared house	1
Flat	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	66
Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	40
Social rented: Other social rented	8
Shared ownership: Shared ownership	3
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IP28 7BP have 2 people in household (60), and 1 person in household (39).

2 people in household	60
1 person in household	39
3 people in household	30
4 people in household	28
5 people in household	2
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0