Housing Market Analysis for MILLENNIUM WAY, IP5 2EN

Are you looking to understand IP5 2EN 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 East Suffolk postcode.

For the location information and nearby amenities in the IP5 2EN area, explore the IP5 2EN Area information page.
For comprehensive crime statistics in the IP5 2EN area, explore the IP5 2EN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP5 2EN postcode area, The average prices are as follows,

  • Detached
    • The average price is around £247,688 median price is £243,000 Standard Deviation is £27,128 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 MILLENNIUM WAY: £290,000 (Sold on 17 Jul 2009)
    • The first recorded sale happened at this postcode is 5 MILLENNIUM WAY: £246,500 (Sold on 23 Nov 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IP5 2EN 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
2009£290,000 £1,808 1
2002£214,750 £1,359 1
2001£243,000 £1,537 2

All the Sales in the MILLENNIUM WAY, IP5 2EN

See the table below for more details on the sold house prices in the IP5 2EN, East Suffolk postcode.

AddressSold DatePrice% Change
5 MILLENNIUM WAYDetached, FreeholdArea: 160.36 Sq.mtrAge: 1996-200217 Jul 2009£290,00017.65%
23 Nov 2001£246,500First Sale
3 MILLENNIUM WAYDetached, FreeholdArea: 158 Sq.mtrAge: 1996-200214 Feb 2002£214,750First Sale
1 MILLENNIUM WAYDetached, Freehold21 Dec 2001£239,500First Sale

Check out the sold house prices near the IP5 2EN postcode. Properties currently for saleProperties currently for rent

MILLENNIUM WAY, IP5 2EN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP5 2EN 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 IP5 2EN postcode.

  • Terraced
    • The average price is around £169,479 median price is £170,000 Standard Deviation is £63,222 with Total Sold: 789
    • The Last 5 Year average price is £258,980 with Total Sold: 94
    • The most recent sale happened at this postcode is , 7 BROADHURST TERRACE: £305,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 24 ELMERS LANE: £48,000 (Sold on 29 Mar 1995)
  • Detached
    • The average price is around £227,098 median price is £224,000 Standard Deviation is £102,944 with Total Sold: 1,490
    • The Last 5 Year average price is £395,019 with Total Sold: 141
    • The most recent sale happened at this postcode is , 8 TREMLETT LANE: £343,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 10 THE BRETTS: £112,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £122,847 median price is £122,500 Standard Deviation is £32,239 with Total Sold: 261
    • The Last 5 Year average price is £169,054 with Total Sold: 37
    • The most recent sale happened at this postcode is , 9 PEPPER PLACE: £200,000 (Sold on 30 Apr 2024)
    • The first recorded sale happened at this postcode is , 24 WILKES COURT: £50,000 (Sold on 15 Jun 2001)
  • Semi-Detached
    • The average price is around £165,910 median price is £164,500 Standard Deviation is £74,210 with Total Sold: 618
    • The Last 5 Year average price is £286,453 with Total Sold: 53
    • The most recent sale happened at this postcode is , 18 GOODMAN GROVE: £380,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 15 COPSWOOD CLOSE: £71,500 (Sold on 17 Jan 1995)
  • Other
    • The average price is around £327,900 median price is £220,000 Standard Deviation is £411,074 with Total Sold: 10
    • The Last 5 Year average price is £387,000 with Total Sold: 7
    • The most recent sale happened at this postcode is , 3 GRANGE BUSINESS PARK: £910,000 (Sold on 17 Jan 2024)
    • The first recorded sale happened at this postcode is , 1 TOMMY FLOWERS DRIVE: £65,000 (Sold on 27 Jul 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£271,111 £3,545 9
2023£270,150 £3,603 10
2022£305,714 £3,505 14
2021£251,680 £3,092 25
2020£242,472 £3,018 18
2019£237,006 £3,046 18
2018£240,826 £2,762 23
2017£229,635 £2,859 24
2016£219,789 £2,967 25
2015£202,180 £2,757 36
2014£204,664 £2,371 46
2013£174,077 £2,493 26
2012£166,042 £2,308 24
2011£169,932 £2,234 22
2010£170,912 £2,236 20
2009£151,061 £2,154 37
2008£160,651 £2,046 35
2007£180,130 £2,221 50
2006£161,469 £2,142 73
2005£164,733 £1,904 55
2004£150,939 £2,038 51
2003£127,926 £1,835 17
2002£105,499 £1,531 17
2001£87,108 £1,186 18
2000£82,352 £1,237 23
1999£67,596 £990 17
1998£60,159 £923 9
1997£56,857 £880 20
1996£53,330 £873 16
1995£54,000 £813 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,625 £3,375 8
2023£437,826 £3,566 23
2022£461,057 £3,541 22
2021£381,846 £3,473 26
2020£369,500 £3,282 32
2019£356,250 £3,036 30
2018£347,103 £3,144 29
2017£331,500 £2,921 33
2016£356,107 £3,017 28
2015£328,881 £2,698 42
2014£298,368 £2,465 38
2013£268,879 £2,153 37
2012£235,260 £2,279 24
2011£246,071 £2,073 37
2010£259,402 £2,100 36
2009£216,529 £2,053 32
2008£267,383 £2,366 64
2007£248,608 £2,113 101
2006£244,283 £1,913 126
2005£225,221 £1,862 84
2004£218,982 £1,876 69
2003£196,264 £1,792 66
2002£179,883 £1,519 120
2001£160,808 £1,412 88
2000£122,267 £1,250 67
1999£106,628 £1,023 67
1998£93,538 £990 62
1997£87,609 £870 50
1996£81,550 £794 28
1995£98,316 £827 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£203,750 £3,232 2
2023£172,318 £5,193 11
2022£175,417 £3,242 12
2021£154,688 £8,096 8
2020£149,250 £2,613 2
2019£155,500 £2,653 2
2018£148,778 £7,756 9
2017£150,500 £2,782 12
2016£130,163 £2,397 19
2015£125,625 £2,130 16
2014£117,125 £2,186 12
2013£107,821 £1,864 7
2012£113,499 £1,936 7
2011£107,125 £5,133 4
2010£104,943 £1,895 9
2009£101,665 £13,943 3
2008£93,161 £1,663 34
2007£125,574 £2,231 16
2006£119,459 £2,217 36
2005£103,688 £1,969 25
2004£121,788 £2,104 10
2001£52,000 £1,371 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,0001
2023£287,700 £3,468 10
2022£303,321 £3,744 14
2021£279,538 £3,385 13
2020£272,857 £2,986 7
2019£266,812 £2,764 8
2018£239,450 £3,257 14
2017£261,313 £3,116 19
2016£248,500 £2,958 10
2015£224,710 £2,668 19
2014£219,264 £2,426 17
2013£207,388 £2,314 9
2012£175,300 £2,275 14
2011£177,000 £2,247 23
2010£200,250 £2,220 14
2009£150,463 £1,991 15
2008£188,633 £2,177 15
2007£190,645 £2,272 41
2006£178,467 £2,064 73
2005£161,552 £1,945 44
2004£156,963 £2,130 35
2003£146,896 £1,718 34
2002£126,913 £1,643 33
2001£113,193 £1,413 15
2000£86,883 £1,356 16
1999£67,891 £1,051 25
1998£65,722 £916 11
1997£61,079 £940 15
1996£57,848 £872 37
1995£63,281 £922 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£910,0001
2023£440,2333
2021£141,650 £1,771 2
2020£195,000 £3,362 1
2018£260,000 £2,921 1
2017£245,000 £2,816 1
2016£65,0001

House Type in IP5 2EN area

The most common house types in the IP5 2EN postcode area are Detached (94), Semi-detached (55), and Terraced (1).

Total151
Detached94
Semi-detached55
Terraced1
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright93
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency5
Private rented: Other private rented1
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 IP5 2EN have 1 person in household (62), and 4 people in household (34).

1 person in household62
4 people in household34
2 people in household29
3 people in household21
5 people in household6
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0