Housing Market Analysis for MILL ROAD, IP31 2RY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £212,429 median price is £210,000 Standard Deviation is £81,836 with Total Sold: 7
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is OLD POSTMANS COTTAGE MILL ROAD: £210,000 (Sold on 15 Sep 2023)
    • The first recorded sale happened at this postcode is HI-WAYS MILL ROAD: £84,000 (Sold on 12 Sep 1997)
  • Semi-Detached
    • The average price is around £97,650 median price is £99,950 Standard Deviation is £9,530 with Total Sold: 3
    • The most recent sale happened at this postcode is PRIMROSE COTTAGE MILL ROAD: £108,000 (Sold on 03 Oct 1997)
    • The first recorded sale happened at this postcode is PRIMROSE COTTAGE MILL ROAD: £85,000 (Sold on 01 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2RY 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£210,000 £2,763 1
2012£300,000 £2,459 1
2007£280,000 £2,295 1
2005£176,000 £1,443 1
2004£310,000 £1,907 1
1997£105,500 £781 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£103,9752
1995£85,0001

All the Sales in the MILL ROAD, IP31 2RY

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

AddressSold DatePrice% Change
OLD POSTMANS COTTAGE MILL ROADDetached, FreeholdArea: 76 Sq.mtrAge: before 190015 Sep 2023£210,000First Sale
DUNELM MILL ROADDetached, FreeholdArea: 122 Sq.mtrAge: 1976-198214 Dec 2012£300,0007.14%
09 Jul 2007£280,00059.09%
18 Nov 2005£176,000First Sale
LEESIDE MILL ROADDetached, FreeholdArea: 162.59 Sq.mtrAge: 1950-196608 Oct 2004£310,000144.09%
14 Nov 1997£127,000First Sale
PRIMROSE COTTAGE MILL ROADSemi-Detached, Freehold03 Oct 1997£108,00027.06%
01 Feb 1995£85,000First Sale
HI-WAYS MILL ROADDetached, Freehold12 Sep 1997£84,000First Sale
SHRUBLAND MILL ROADSemi-Detached, Freehold13 May 1997£99,950First Sale

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

MILL ROAD, IP31 2RY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £203,838 median price is £207,750 Standard Deviation is £96,855 with Total Sold: 35
    • The Last 5 Year average price is £286,500 with Total Sold: 5
    • The most recent sale happened at this postcode is , RESTHAVEN LIVERMERE ROAD: £280,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , PRIMROSE COTTAGE MILL ROAD: £85,000 (Sold on 01 Feb 1995)
  • Detached
    • The average price is around £315,556 median price is £293,500 Standard Deviation is £194,671 with Total Sold: 326
    • The Last 5 Year average price is £525,412 with Total Sold: 40
    • The most recent sale happened at this postcode is , WRATTLERS LIVERMERE ROAD: £490,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 12 THE COPPICE: £156,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £249,064 median price is £245,000 Standard Deviation is £120,968 with Total Sold: 11
    • The Last 5 Year average price is £340,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , WILLOW COTTAGE, 4 CONYERS GREEN: £500,000 (Sold on 25 Apr 2024)
    • The first recorded sale happened at this postcode is , 3 CONYERS GREEN: £39,000 (Sold on 30 Jun 1997)
  • Other
    • The average price is around £189,286 median price is £150,000 Standard Deviation is £140,571 with Total Sold: 7
    • The Last 5 Year average price is £113,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , THE ORCHARD CONYERS GREEN: £150,000 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is , 16A CONYERS WAY: £360,000 (Sold on 02 Mar 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£320,000 £4,638 1
2021£362,5001
2020£235,000 £3,616 2
2019£402,500 £3,132 2
2018£305,0001
2017£260,000 £3,421 1
2015£240,000 £2,393 2
2014£256,750 £2,990 2
2013£250,000 £2,174 1
2010£355,000 £2,316 1
2009£232,112 £2,112 2
2006£196,2503
2003£182,500 £1,547 1
2002£174,725 £1,613 2
2001£143,0001
2000£135,000 £804 1
1999£96,250 £1,370 2
1998£87,000 £1,223 2
1997£103,9752
1996£79,000 £1,028 1
1995£72,317 £669 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£763,667 £3,889 3
2023£390,500 £3,854 9
2022£517,000 £4,784 11
2021£713,750 £3,256 6
2020£476,500 £3,274 11
2019£480,108 £3,179 8
2018£398,600 £3,380 5
2017£451,879 £3,673 17
2016£412,269 £3,537 13
2015£399,778 £2,985 9
2014£465,125 £3,033 8
2013£373,405 £2,414 11
2012£390,250 £2,513 8
2011£337,050 £2,509 9
2010£336,545 £2,308 11
2009£374,494 £2,462 9
2008£312,643 £1,693 7
2007£341,250 £2,557 8
2006£347,785 £2,319 14
2005£369,350 £1,881 10
2004£332,875 £1,973 16
2003£246,778 £1,752 9
2002£233,850 £1,601 10
2001£198,675 £1,279 14
2000£198,530 £1,276 15
1999£158,250 £1,285 12
1998£163,889 £918 9
1997£111,007 £880 22
1996£108,108 £758 12
1995£104,288 £804 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£500,0001
2022£310,000 £4,697 1
2021£275,000 £3,395 1
2020£275,000 £4,167 1
2015£313,100 £3,132 2
2014£205,000 £3,106 1
2009£225,000 £1,933 1
2003£197,000 £1,692 1
2000£87,500 £1,326 1
1997£39,000 £591 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£150,0001
2022£67,5002
2021£250,000 £877 1
2020£30,0001
2018£380,000 £2,440 2

House Type in IP31 2RY area

The most common house types in the IP31 2RY postcode area are Detached (113), Semi-detached (8), and Terraced (8).

Total129
Detached113
Semi-detached8
Terraced8
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright76
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency5
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2RY have 2 people in household (55), and 3 people in household (26).

2 people in household55
3 people in household26
1 person in household19
4 people in household15
5 people in household13
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0