Housing Market Analysis for MILL CLOSE, IP31 3BW

Are you looking to understand IP31 3BW 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 Mid Suffolk postcode.

For the location information and nearby amenities in the IP31 3BW area, explore the IP31 3BW Area information page.
For comprehensive crime statistics in the IP31 3BW area, explore the IP31 3BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP31 3BW postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £196,750 median price is £216,000 Standard Deviation is £88,737 with Total Sold: 4
    • The Last 5 Year average price is £244,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 MILL CLOSE: £215,000 (Sold on 08 Jan 2024)
    • The first recorded sale happened at this postcode is 2 MILL CLOSE: £55,000 (Sold on 20 Nov 1998)
  • Semi-Detached
    • The average price is around £158,000 median price is £164,000 Standard Deviation is £9,201 with Total Sold: 3
    • The most recent sale happened at this postcode is 10 MILL CLOSE: £165,000 (Sold on 28 Jan 2011)
    • The first recorded sale happened at this postcode is 10 MILL CLOSE: £164,000 (Sold on 20 Nov 2006)
  • Detached
    • The average price is around £112,750 median price is £106,500 Standard Deviation is £54,458 with Total Sold: 4
    • The most recent sale happened at this postcode is 7 MILL CLOSE: £190,000 (Sold on 16 May 2006)
    • The first recorded sale happened at this postcode is 5 MILL CLOSE: £48,000 (Sold on 25 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3BW 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,000 £3,209 1
2021£217,000 £3,239 1
2019£300,000 £2,521 1
1998£55,000 £462 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£155,000 £1,906 2
2006£164,000 £2,073 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£190,0001
2002£135,0001
1999£78,000 £848 1
1996£48,000 £522 1

All the Sales in the MILL CLOSE, IP31 3BW

See the table below for more details on the sold house prices in the IP31 3BW, Mid Suffolk postcode.

AddressSold DatePrice% Change
4 MILL CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1967-197508 Jan 2024£215,000-0.92%
06 Aug 2021£217,000First Sale
2 MILL CLOSETerraced, FreeholdArea: 119 Sq.mtrAge: 1967-197510 Dec 2019£300,000445.45%
20 Nov 1998£55,000First Sale
10 MILL CLOSESemi-Detached, FreeholdArea: 79.1 Sq.mtrAge: 1976-198228 Jan 2011£165,0000.61%
20 Nov 2006£164,000First Sale
8 MILL CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196628 Jan 2011£145,000First Sale
7 MILL CLOSEDetached, Freehold16 May 2006£190,00040.74%
25 Oct 2002£135,000First Sale
5 MILL CLOSEDetached, FreeholdArea: 92 Sq.mtrAge: 1976-198220 May 1999£78,00062.50%
25 Oct 1996£48,000First Sale

Check out the sold house prices near the IP31 3BW postcode. Properties currently for saleProperties currently for rent

MILL CLOSE, IP31 3BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 3BW 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 3BW postcode.

  • Detached
    • The average price is around £278,963 median price is £268,000 Standard Deviation is £164,840 with Total Sold: 165
    • The Last 5 Year average price is £409,286 with Total Sold: 28
    • The most recent sale happened at this postcode is , CLEMATIS HOUSE THE STREET: £305,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 CHERRY TREE ROW: £60,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £273,779 median price is £190,000 Standard Deviation is £194,319 with Total Sold: 7
    • The Last 5 Year average price is £335,890 with Total Sold: 5
    • The most recent sale happened at this postcode is , LINTON HOUSE THE STREET: £160,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , ROLFES OF WALSHAM THE STREET: £190,000 (Sold on 31 Oct 2017)
  • Terraced
    • The average price is around £166,469 median price is £171,500 Standard Deviation is £80,816 with Total Sold: 116
    • The Last 5 Year average price is £249,477 with Total Sold: 22
    • The most recent sale happened at this postcode is , 17 ELM DRIVE: £342,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , THE MALTINGS, 6 THE MALTINGS: £101,000 (Sold on 29 Mar 1995)
  • Semi-Detached
    • The average price is around £165,568 median price is £164,000 Standard Deviation is £84,756 with Total Sold: 80
    • The Last 5 Year average price is £271,582 with Total Sold: 14
    • The most recent sale happened at this postcode is , MAYBURY WATTISFIELD ROAD: £263,650 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is , HARLEQUIN WATTISFIELD ROAD: £54,000 (Sold on 10 Feb 1995)
  • Flat
    • The average price is around £178,492 median price is £183,500 Standard Deviation is £24,731 with Total Sold: 7
    • The Last 5 Year average price is £191,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , STANFORD ELM DRIVE: £200,000 (Sold on 12 Feb 2021)
    • The first recorded sale happened at this postcode is , 39 ELM DRIVE: £139,995 (Sold on 01 Jul 2011)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£305,0001
2023£328,333 £2,947 3
2022£448,500 £3,591 5
2021£453,750 £3,349 8
2020£384,100 £2,255 5
2019£396,167 £3,077 6
2018£422,500 £2,897 2
2017£353,000 £2,846 6
2016£313,429 £2,730 7
2015£486,000 £2,601 4
2014£301,208 £2,406 6
2013£336,249 £2,071 6
2012£285,988 £2,065 4
2011£326,299 £2,102 10
2010£346,360 £2,321 10
2009£252,749 £2,390 10
2008£423,750 £2,016 4
2007£247,333 £2,348 3
2006£412,988 £2,175 4
2005£192,5003
2004£255,800 £2,112 5
2003£182,917 £2,031 6
2002£289,667 £1,443 6
2001£167,000 £1,063 5
2000£122,333 £1,071 3
1999£163,590 £1,063 5
1998£97,333 £891 3
1997£103,500 £741 9
1996£76,214 £582 7
1995£76,356 £594 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,0001
2021£523,500 £3,248 2
2019£236,225 £3,139 2
2017£118,5002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,333 £3,195 3
2023£288,333 £3,331 3
2022£315,750 £3,258 2
2021£222,438 £3,016 8
2020£283,500 £2,162 2
2019£222,125 £2,236 4
2018£180,500 £2,750 2
2017£229,400 £2,824 5
2016£261,667 £2,425 3
2015£167,750 £2,267 5
2014£179,800 £2,503 5
2013£148,812 £1,722 6
2012£191,214 £2,296 7
2011£159,125 £1,869 4
2010£183,394 £1,969 10
2009£162,198 £1,994 10
2008£122,000 £1,605 1
2007£155,000 £1,795 1
2006£119,250 £2,479 2
2005£154,500 £1,648 3
2004£107,500 £2,295 2
2003£152,983 £2,644 3
2002£148,817 £1,340 3
2001£71,667 £1,091 3
2000£67,250 £1,220 2
1999£57,833 £752 6
1998£51,000 £462 2
1997£54,650 £961 5
1996£75,1252
1995£73,000 £592 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£306,825 £4,540 2
2021£290,400 £3,254 5
2020£255,000 £4,079 3
2019£242,875 £2,960 4
2018£200,000 £1,905 1
2017£264,500 £3,920 5
2016£226,875 £2,872 4
2015£139,500 £2,683 1
2014£180,750 £2,029 2
2013£128,000 £2,462 1
2012£166,613 £3,094 3
2011£199,583 £2,120 6
2010£159,230 £2,536 2
2009£175,000 £2,031 1
2007£137,000 £2,508 1
2006£158,575 £2,185 6
2005£127,000 £2,481 2
2004£120,000 £2,197 1
2003£140,799 £2,774 5
2002£108,498 £2,292 3
2001£117,000 £1,868 5
2000£58,288 £632 2
1999£58,667 £904 3
1998£81,249 £1,127 4
1997£62,750 £741 2
1996£52,665 £922 3
1995£71,8333
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£200,000 £1,695 1
2019£183,500 £2,691 1
2016£190,316 £2,055 3
2015£155,000 £2,273 1
2011£139,995 £2,053 1

House Type in IP31 3BW area

The most common house types in the IP31 3BW postcode area are Detached (67), Semi-detached (31), and Terraced (18).

Total116
Detached67
Semi-detached31
Terraced18
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 (57), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright57
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency17
Social rented: Other social rented11
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP31 3BW have 2 people in household (53), and 1 person in household (37).

2 people in household53
1 person in household37
3 people in household16
4 people in household6
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0