Housing Market Analysis for MILL ROAD, IP31 2NE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £343,000 median price is £343,000 Standard Deviation is £43,000 with Total Sold: 2
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BEGGARS ROOST MILL ROAD: £300,000 (Sold on 10 Nov 2020)
    • The first recorded sale happened at this postcode is NOSREDNA MILL ROAD: £386,000 (Sold on 12 Feb 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2NE 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
2020£300,000 £2,524 1
2007£386,0001

All the Sales in the MILL ROAD, IP31 2NE

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

AddressSold DatePrice% Change
BEGGARS ROOST MILL ROADDetached, FreeholdArea: 118.84 Sq.mtrAge: 1950-196610 Nov 2020£300,000First Sale
NOSREDNA MILL ROADDetached, Freehold12 Feb 2007£386,000First Sale

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

MILL ROAD, IP31 2NE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £242,562 median price is £214,500 Standard Deviation is £147,050 with Total Sold: 232
    • The Last 5 Year average price is £378,991 with Total Sold: 29
    • The most recent sale happened at this postcode is , HOLLY BUNGALOW STOW ROAD: £456,000 (Sold on 24 Sep 2024)
    • The first recorded sale happened at this postcode is , PRIORY COTTAGE HIGH STREET: £136,000 (Sold on 07 Jul 1995)
  • Terraced
    • The average price is around £197,391 median price is £202,000 Standard Deviation is £81,926 with Total Sold: 32
    • The Last 5 Year average price is £264,143 with Total Sold: 7
    • The most recent sale happened at this postcode is , 6 LOWER FARM DRIVE: £300,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 30 HIGH STREET: £58,000 (Sold on 27 Mar 1997)
  • Other
    • The average price is around £738,750 median price is £435,000 Standard Deviation is £622,077 with Total Sold: 4
    • The Last 5 Year average price is £798,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , THE PRIORY HIGH STREET: £1,800,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , THE WOOLPACK BURY ROAD: £560,000 (Sold on 13 Mar 2019)
  • Flat
    • The average price is around £288,500 median price is £283,500 Standard Deviation is £54,564 with Total Sold: 4
    • The Last 5 Year average price is £288,500 with Total Sold: 4
    • The most recent sale happened at this postcode is THE CHAMBERS, ROBERT PEEL HOUSE, 3 HIGH STREET: £360,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is SERGEANTS QUARTERS, ROBERT PEEL HOUSE, 3 HIGH STREET: £245,000 (Sold on 23 Apr 2021)
  • Semi-Detached
    • The average price is around £205,057 median price is £176,000 Standard Deviation is £127,159 with Total Sold: 60
    • The Last 5 Year average price is £317,056 with Total Sold: 9
    • The most recent sale happened at this postcode is , 19 HIGH STREET: £350,000 (Sold on 08 Dec 2022)
    • The first recorded sale happened at this postcode is , 1 DOVER TERRACE: £52,000 (Sold on 08 Mar 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£456,0001
2023£432,500 £3,535 4
2022£364,250 £3,374 8
2021£393,594 £3,015 8
2020£342,750 £3,372 8
2019£350,750 £2,826 6
2018£534,500 £3,089 6
2017£410,583 £2,904 12
2016£283,317 £2,557 3
2015£299,909 £2,475 11
2014£285,333 £2,578 9
2013£290,357 £2,083 7
2012£310,000 £2,397 4
2011£250,000 £1,787 3
2010£249,286 £2,319 7
2009£191,333 £1,727 3
2008£405,625 £3,325 4
2007£311,124 £2,545 8
2006£273,859 £2,184 11
2005£228,500 £2,063 4
2004£192,204 £1,781 12
2003£208,050 £1,631 9
2002£161,631 £1,394 13
2001£137,597 £1,250 15
2000£121,938 £1,084 8
1999£107,667 £1,047 9
1998£111,861 £937 9
1997£97,341 £795 16
1996£75,170 £670 10
1995£86,062 £941 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,0001
2023£251,333 £3,102 3
2021£247,500 £3,190 2
2020£300,0001
2018£278,600 £3,486 5
2017£245,000 £3,079 2
2016£131,750 £2,016 2
2015£199,000 £2,006 1
2014£183,500 £2,148 2
2012£165,000 £1,941 1
2008£117,5002
2007£155,000 £2,123 1
2006£127,5002
2004£243,0001
2003£128,0001
2002£248,000 £1,313 1
2001£93,0001
1999£95,0001
1997£69,000 £423 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,800,0001
2021£310,0001
2020£285,0001
2019£560,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£360,000 £2,500 1
2022£227,000 £3,027 1
2021£283,500 £2,480 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£452,500 £2,938 2
2021£369,333 £3,408 3
2020£210,125 £2,409 4
2019£299,983 £3,329 3
2018£291,667 £3,086 3
2017£261,250 £2,415 4
2016£194,750 £2,729 2
2015£255,438 £1,994 4
2014£232,000 £2,778 3
2013£243,714 £1,997 7
2010£139,700 £1,740 5
2009£140,0001
2008£230,000 £1,546 1
2007£112,000 £1,436 1
2006£154,000 £1,912 2
2004£177,750 £2,140 2
2003£134,000 £1,370 2
2002£80,0001
2001£76,638 £1,009 2
2000£68,500 £806 1
1999£83,000 £773 2
1998£40,0001
1997£48,317 £575 3
1996£52,000 £612 1

House Type in IP31 2NE area

The most common house types in the IP31 2NE 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 2NE 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