Housing Market Analysis for MILL ROAD, IP31 2NB

Are you looking to understand IP31 2NB 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 2NB area, explore the IP31 2NB Area information page.
For comprehensive crime statistics in the IP31 2NB area, explore the IP31 2NB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP31 2NB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £411,500 median price is £431,000 Standard Deviation is £198,215 with Total Sold: 4
    • The Last 5 Year average price is £464,500 with Total Sold: 2
    • The most recent sale happened at this postcode is MISTY MERE MILL ROAD: £635,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is MEADOW GARTH MILL ROAD: £149,000 (Sold on 20 Jun 1997)
  • Semi-Detached
    • The average price is around £350,990 median price is £399,950 Standard Deviation is £94,144 with Total Sold: 5
    • The Last 5 Year average price is £470,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE COTTAGE MILL ROAD: £470,000 (Sold on 05 Nov 2021)
    • The first recorded sale happened at this postcode is 1, MICKLEMERE MILL ROAD: £230,000 (Sold on 17 Dec 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2NB 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£635,000 £3,508 1
2022£294,000 £3,500 1
2006£568,000 £2,744 1
1997£149,000 £720 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£470,000 £3,790 1
2019£399,950 £3,225 1
2018£405,000 £2,722 1
2013£250,000 £1,680 1
2008£230,000 £1,546 1

All the Sales in the MILL ROAD, IP31 2NB

See the table below for more details on the sold house prices in the IP31 2NB, West Suffolk postcode.

AddressSold DatePrice% Change
MISTY MERE MILL ROADDetached, FreeholdArea: 181 Sq.mtrAge: 1900-192928 Apr 2023£635,000First Sale
MERE VIEW MILL ROADDetached, FreeholdArea: 84 Sq.mtrAge: 1950-196607 Sep 2022£294,000First Sale
THE COTTAGE MILL ROADSemi-Detached, FreeholdArea: 124 Sq.mtrAge: before 190005 Nov 2021£470,00017.51%
09 Dec 2019£399,950First Sale
1, MICKLEMERE MILL ROADSemi-Detached, FreeholdArea: 148.8 Sq.mtrAge: before 190016 Nov 2018£405,00062.00%
08 Jan 2013£250,0008.70%
17 Dec 2008£230,000First Sale
MEADOW GARTH MILL ROADDetached, FreeholdArea: 207 Sq.mtrAge: 1967-197529 Sep 2006£568,000281.21%
20 Jun 1997£149,000First Sale

Check out the sold house prices near the IP31 2NB postcode. Properties currently for saleProperties currently for rent

MILL ROAD, IP31 2NB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 2NB 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 2NB postcode.

  • Detached
    • The average price is around £249,572 median price is £213,750 Standard Deviation is £158,240 with Total Sold: 126
    • The Last 5 Year average price is £437,946 with Total Sold: 14
    • The most recent sale happened at this postcode is , MISTY MERE MILL ROAD: £635,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is , 10 KETTLEBORROW CLOSE: £71,250 (Sold on 26 Oct 1995)
  • Semi-Detached
    • The average price is around £311,439 median price is £265,000 Standard Deviation is £93,987 with Total Sold: 9
    • The Last 5 Year average price is £470,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE COTTAGE MILL ROAD: £470,000 (Sold on 05 Nov 2021)
    • The first recorded sale happened at this postcode is 2, BAILEYPOOL HOUSE BAILEYPOOL: £183,000 (Sold on 04 Nov 2005)
  • Other
    • The average price is around £30,000 median price is £30,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , STRATHCONA GRIMSTONE END: £30,000 (Sold on 01 Nov 2018)
    • The first recorded sale happened at this postcode is , STRATHCONA GRIMSTONE END: £30,000 (Sold on 01 Nov 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£635,000 £3,508 1
2022£364,800 £2,927 5
2021£542,812 £3,159 4
2020£375,250 £3,333 4
2019£441,833 £3,108 3
2018£454,667 £3,223 3
2017£415,000 £2,749 6
2016£433,333 £3,188 3
2015£327,000 £2,732 6
2014£335,000 £2,212 3
2013£265,625 £2,437 4
2012£390,000 £2,635 1
2011£400,000 £3,372 1
2010£286,667 £2,534 3
2009£221,000 £1,534 3
2008£246,250 £2,318 2
2007£260,250 £2,734 4
2006£382,625 £2,276 4
2005£276,250 £2,401 4
2004£229,890 £1,940 5
2003£199,575 £1,730 6
2002£157,583 £1,372 6
2001£150,717 £1,184 9
2000£126,400 £1,099 5
1999£122,200 £1,031 5
1998£114,000 £1,045 4
1997£98,250 £812 12
1996£81,671 £668 7
1995£75,083 £685 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£470,000 £3,790 1
2019£399,950 £3,225 1
2018£405,000 £2,722 1
2017£235,000 £2,304 1
2015£315,000 £2,474 2
2013£250,000 £1,680 1
2008£230,000 £1,546 1
2005£183,000 £1,679 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£30,000 £102 1

House Type in IP31 2NB area

The most common house types in the IP31 2NB postcode area are Detached (89), Semi-detached (34), and Terraced (6).

Total130
Detached89
Semi-detached34
Terraced6
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright63
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency18
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2NB have 2 people in household (55), and 1 person in household (31).

2 people in household55
1 person in household31
3 people in household21
4 people in household20
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0