Housing Market Analysis for MILLFIELD ROAD, IP31 1DY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £200,974 median price is £216,300 Standard Deviation is £94,066 with Total Sold: 27
    • The Last 5 Year average price is £373,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 24 MILLFIELD ROAD: £415,000 (Sold on 31 Jul 2023)
    • The first recorded sale happened at this postcode is 22 MILLFIELD ROAD: £84,000 (Sold on 24 Aug 1995)
  • Semi-Detached
    • The average price is around £232,000 median price is £232,000 Standard Deviation is £62,000 with Total Sold: 2
    • The Last 5 Year average price is £294,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 MILLFIELD ROAD: £170,000 (Sold on 02 Oct 2006)
    • The first recorded sale happened at this postcode is 2 MILLFIELD ROAD: £294,000 (Sold on 05 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1DY 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£387,500 £3,634 2
2021£345,000 £2,614 1
2016£241,833 £3,538 3
2015£182,000 £3,250 1
2014£200,000 £3,571 1
2011£270,000 £2,374 2
2010£270,000 £2,477 1
2009£237,500 £1,853 2
2007£210,667 £2,275 3
2006£180,0001
2005£228,000 £1,915 1
2003£216,3001
1999£77,000 £1,120 2
1998£77,750 £1,223 2
1997£88,000 £633 3
1995£84,000 £636 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£170,000 £2,000 1
2024£294,000 £3,459 1

All the Sales in the MILLFIELD ROAD, IP31 1DY

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

AddressSold DatePrice% Change
24 MILLFIELD ROADDetached, FreeholdArea: 109 Sq.mtrAge: 1996-200231 Jul 2023£415,00053.70%
28 May 2010£270,000First Sale
14 MILLFIELD ROADDetached, FreeholdArea: 104 Sq.mtrAge: 1983-199025 Jan 2023£360,000First Sale
22 MILLFIELD ROADDetached, FreeholdArea: 132 Sq.mtrAge: 1983-199012 Jan 2021£345,00039.68%
20 Mar 2007£247,000194.05%
24 Aug 1995£84,000First Sale
12 MILLFIELD ROADDetached, FreeholdArea: 56 Sq.mtrAge: 1967-197521 Dec 2016£237,50030.49%
30 Jan 2015£182,000225.00%
30 Jul 1999£56,000First Sale
34 MILLFIELD ROADDetached, FreeholdArea: 74 Sq.mtrAge: 1983-199015 Aug 2016£230,000First Sale
28 MILLFIELD ROADDetached, FreeholdArea: 79 Sq.mtrAge: 1983-199027 May 2016£258,000163.27%
28 Jul 1999£98,000First Sale
20 MILLFIELD ROADDetached, FreeholdArea: 56 Sq.mtrAge: 1983-199029 Sep 2014£200,00033.33%
26 Oct 2007£150,000118.98%
22 Apr 1998£68,500First Sale
4 MILLFIELD ROADDetached, FreeholdArea: 119.09 Sq.mtrAge: 1983-199001 Dec 2011£265,00016.23%
15 Dec 2005£228,000First Sale
6 MILLFIELD ROADDetached, FreeholdArea: 109 Sq.mtrAge: 1976-198229 Sep 2011£275,00037.50%
14 Jan 2009£200,000First Sale
30 MILLFIELD ROADDetached, FreeholdArea: 147 Sq.mtrAge: 1983-199004 Dec 2009£275,000195.70%
16 Dec 1997£93,000First Sale
40 MILLFIELD ROADDetached, Freehold05 Sep 2007£235,000First Sale
26 MILLFIELD ROADDetached, Freehold22 Nov 2006£180,000First Sale
2 MILLFIELD ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-197502 Oct 2006£170,000-42.18%
05 Mar 2024£294,000First Sale
8 MILLFIELD ROADDetached, Freehold18 Dec 2003£216,300148.62%
26 Sep 1997£87,000First Sale
10 MILLFIELD ROADDetached, Freehold31 Jul 1998£87,0003.57%
07 May 1997£84,000First Sale

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

MILLFIELD ROAD, IP31 1DY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 1DY 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 1DY 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 £189,370 median price is £189,950 Standard Deviation is £92,445 with Total Sold: 71
    • 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£209,500 £1,908 5
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 1DY area

The most common house types in the IP31 1DY 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 1DY 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