Housing Market Analysis for MILL ROAD, IP31 1BT

Are you looking to understand IP31 1BT 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 IP31 1BT area, explore the IP31 1BT Area information page.
For comprehensive crime statistics in the IP31 1BT area, explore the IP31 1BT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP31 1BT postcode area, The average prices are as follows,

  • Detached
    • The average price is around £238,182 median price is £221,500 Standard Deviation is £127,339 with Total Sold: 22
    • The Last 5 Year average price is £369,286 with Total Sold: 7
    • The most recent sale happened at this postcode is BLAKEWAY MILL ROAD: £380,000 (Sold on 01 Dec 2022)
    • The first recorded sale happened at this postcode is GREENWOOD MILL ROAD: £545,000 (Sold on 09 Feb 2024)
  • Other
    • The average price is around £481,000 median price is £481,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £481,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BELLE VUE MILL ROAD: £481,000 (Sold on 25 Jan 2021)
    • The first recorded sale happened at this postcode is BELLE VUE MILL ROAD: £481,000 (Sold on 25 Jan 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1BT 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
2022£387,500 £4,040 2
2021£345,0001
2020£285,000 £2,850 2
2019£350,000 £2,555 1
2018£300,000 £3,261 1
2017£348,0001
2016£305,000 £2,961 1
2015£250,000 £2,358 1
2013£140,000 £2,076 1
2009£205,000 £3,106 1
2006£223,0001
2005£176,500 £2,674 1
2002£189,995 £1,845 1
2000£112,500 £820 2
1999£81,000 £1,068 2
1996£60,000 £909 1
1995£70,500 £684 1
2024£545,000 £3,978 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£481,0001

All the Sales in the MILL ROAD, IP31 1BT

See the table below for more details on the sold house prices in the IP31 1BT, West Suffolk postcode.

AddressSold DatePrice% Change
BLAKEWAY MILL ROADDetached, FreeholdArea: 92 Sq.mtrAge: 1967-197501 Dec 2022£380,00026.67%
09 Nov 2018£300,000First Sale
ORCHARD END MILL ROADDetached, FreeholdArea: 100 Sq.mtrAge: 1967-197526 Jul 2022£395,00012.86%
15 Dec 2020£350,00059.09%
07 Jan 2020£220,000First Sale
MILL HOUSE MILL ROADDetached, Freehold14 Apr 2021£345,000-0.86%
03 Jul 2017£348,000First Sale
BELLE VUE MILL ROADOther, Freehold25 Jan 2021£481,000First Sale
GREENWOOD MILL ROADDetached, FreeholdArea: 137 Sq.mtrAge: 1967-197526 Nov 2019£350,000-35.78%
09 Feb 2024£545,000First Sale
WHISPERDALE MILL ROADDetached, FreeholdArea: 103 Sq.mtrAge: 1983-199014 Jun 2016£305,00060.53%
13 Sep 2002£189,99572.72%
01 Dec 1999£110,00056.03%
04 Oct 1995£70,500First Sale
HEATHERSETT MILL ROADDetached, FreeholdArea: 106 Sq.mtrAge: 1967-197510 Dec 2015£250,000First Sale
WIMPY COTTAGE MILL ROADDetached, FreeholdArea: 67.44 Sq.mtrAge: before 190003 May 2013£140,000First Sale
ELVEZIA MILL ROADDetached, FreeholdArea: 66 Sq.mtrAge: 1967-197511 Sep 2009£205,00016.15%
09 Dec 2005£176,500194.17%
17 Oct 1996£60,000First Sale
HOLME COTTAGE MILL ROADDetached, Freehold31 Aug 2006£223,00065.19%
28 Apr 2000£135,000159.62%
19 Feb 1999£52,000First Sale
VANJELLA MILL ROADDetached, FreeholdArea: 109.7 Sq.mtrAge: 1950-196607 Aug 2000£90,000First Sale

Check out the sold house prices near the IP31 1BT postcode. Properties currently for saleProperties currently for rent

MILL ROAD, IP31 1BT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 1BT 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 IP31 1BT postcode.

  • Detached
    • The average price is around £222,140 median price is £212,750 Standard Deviation is £112,859 with Total Sold: 300
    • The Last 5 Year average price is £363,623 with Total Sold: 53
    • The most recent sale happened at this postcode is , 46 BISHOPS CROFT: £245,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 21 BISHOPS CROFT: £60,000 (Sold on 20 Mar 1995)
  • Semi-Detached
    • The average price is around £189,962 median price is £192,725 Standard Deviation is £91,936 with Total Sold: 72
    • The Last 5 Year average price is £294,696 with Total Sold: 13
    • The most recent sale happened at this postcode is , 39 HOPTON ROAD: £195,500 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 11 HEPWORTH ROAD: £44,000 (Sold on 08 Sep 1995)
  • Terraced
    • The average price is around £218,062 median price is £215,000 Standard Deviation is £98,193 with Total Sold: 25
    • The Last 5 Year average price is £301,935 with Total Sold: 5
    • The most recent sale happened at this postcode is , MALTINGS END HOPTON ROAD: £250,000 (Sold on 30 Jan 2024)
    • The first recorded sale happened at this postcode is , 43 MILLFIELD ROAD: £68,500 (Sold on 14 Nov 1996)
  • Flat
    • The average price is around £84,333 median price is £96,000 Standard Deviation is £30,923 with Total Sold: 3
    • The Last 5 Year average price is £115,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 3 POUND CORNER: £115,000 (Sold on 14 Jan 2022)
    • The first recorded sale happened at this postcode is , 3 POUND CORNER: £42,000 (Sold on 05 Sep 1997)
  • Other
    • The average price is around £246,200 median price is £180,000 Standard Deviation is £195,673 with Total Sold: 5
    • The Last 5 Year average price is £478,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , LARCHE HOUSE HEPWORTH ROAD: £475,000 (Sold on 23 Mar 2021)
    • The first recorded sale happened at this postcode is , BARNVIEW HEPWORTH ROAD: £30,000 (Sold on 10 Mar 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£353,333 £3,978 3
2023£371,714 £3,686 7
2022£404,000 £3,701 10
2021£387,233 £3,143 15
2020£313,111 £2,766 9
2019£327,056 £2,743 9
2018£319,312 £2,749 8
2017£304,000 £3,189 7
2016£257,964 £3,005 14
2015£282,442 £2,636 18
2014£197,500 £2,142 7
2013£214,214 £1,983 7
2012£227,500 £2,279 6
2011£242,500 £2,516 6
2010£239,300 £2,246 10
2009£217,400 £2,200 5
2008£246,400 £1,998 6
2007£215,852 £2,371 17
2006£223,245 £2,099 19
2005£196,650 £2,090 10
2004£258,727 £2,301 11
2003£194,930 £1,959 10
2002£146,493 £1,507 8
2001£129,644 £1,576 8
2000£125,681 £957 8
1999£97,137 £978 27
1998£87,778 £1,024 9
1997£76,621 £652 12
1996£79,188 £686 8
1995£79,750 £742 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£273,167 £2,944 3
2023£271,500 £3,366 2
2022£366,667 £3,148 3
2021£277,017 £2,993 3
2019£268,750 £2,620 2
2018£247,000 £3,293 1
2017£289,900 £2,858 5
2016£223,988 £2,197 4
2015£225,705 £2,180 7
2014£213,250 £1,922 6
2012£159,750 £2,732 2
2011£270,000 £3,755 1
2010£203,332 £2,540 3
2009£172,500 £1,461 1
2008£167,000 £2,062 2
2007£235,000 £1,567 1
2006£146,167 £1,862 3
2005£205,000 £1,304 2
2004£95,000 £1,557 1
2002£115,000 £1,344 2
2001£70,599 £757 5
2000£90,500 £1,118 2
1999£74,438 £568 4
1998£53,0001
1997£76,700 £648 3
1996£53,0001
1995£56,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,000 £2,841 1
2022£303,225 £3,307 3
2021£350,000 £2,023 1
2016£342,500 £2,289 2
2013£178,000 £2,147 2
2012£138,500 £1,832 2
2011£325,000 £2,400 1
2007£261,090 £2,125 5
2006£176,667 £2,183 3
2005£145,000 £1,142 1
2000£90,000 £490 1
1999£79,962 £765 2
1996£68,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£115,000 £2,447 1
2004£96,000 £2,043 1
1997£42,000 £894 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£478,000 £2,746 2
2018£180,000 £1,333 1
2017£47,500 £480 2

House Type in IP31 1BT area

The most common house types in the IP31 1BT postcode area are Detached (138), Semi-detached (13), and Terraced (12).

Total164
Detached138
Semi-detached13
Terraced12
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (102), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright102
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency8
Private rented: Other private rented5
Social rented: Rents from council or Local Authority4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 1BT have 2 people in household (84), and 1 person in household (33).

2 people in household84
1 person in household33
3 people in household26
4 people in household15
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0