Housing Market Analysis for MILL FARM PLACE, IP8 3NP

Are you looking to understand IP8 3NP 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 Babergh postcode.

For the location information and nearby amenities in the IP8 3NP area, explore the IP8 3NP Area information page.
For comprehensive crime statistics in the IP8 3NP area, explore the IP8 3NP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP8 3NP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £598,000 median price is £650,000 Standard Deviation is £116,344 with Total Sold: 5
    • The Last 5 Year average price is £690,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 MILL FARM PLACE: £680,000 (Sold on 13 Sep 2019)
    • The first recorded sale happened at this postcode is 1 MILL FARM PLACE: £380,000 (Sold on 06 Jul 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 3NP 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
2019£690,000 £2,509 2
2018£536,667 £2,710 3

All the Sales in the MILL FARM PLACE, IP8 3NP

See the table below for more details on the sold house prices in the IP8 3NP, Babergh postcode.

AddressSold DatePrice% Change
4 MILL FARM PLACEDetached, FreeholdArea: 275 Sq.mtr13 Sep 2019£680,000First Sale
3 MILL FARM PLACEDetached, FreeholdArea: 275 Sq.mtr22 Mar 2019£700,000First Sale
5 MILL FARM PLACEDetached, FreeholdArea: 197 Sq.mtr23 Nov 2018£650,000First Sale
2 MILL FARM PLACEDetached, FreeholdArea: 249 Sq.mtr13 Aug 2018£580,000First Sale
1 MILL FARM PLACEDetached, FreeholdArea: 152 Sq.mtr06 Jul 2018£380,000First Sale

Check out the sold house prices near the IP8 3NP postcode. Properties currently for saleProperties currently for rent

MILL FARM PLACE, IP8 3NP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP8 3NP 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 IP8 3NP postcode.

  • Semi-Detached
    • The average price is around £234,630 median price is £243,000 Standard Deviation is £93,731 with Total Sold: 23
    • The Last 5 Year average price is £339,500 with Total Sold: 5
    • The most recent sale happened at this postcode is , KINGS PIECE HOLLY LANE: £300,000 (Sold on 07 Nov 2022)
    • The first recorded sale happened at this postcode is , 43 THE STREET: £94,500 (Sold on 19 Mar 1996)
  • Detached
    • The average price is around £356,429 median price is £284,500 Standard Deviation is £203,487 with Total Sold: 74
    • The Last 5 Year average price is £648,000 with Total Sold: 15
    • The most recent sale happened at this postcode is , GABLE END GROVE HILL: £537,500 (Sold on 23 Feb 2022)
    • The first recorded sale happened at this postcode is , CAMPION CHAPEL LANE: £92,000 (Sold on 26 May 1995)
  • Other
    • The average price is around £1,555,925 median price is £1,555,925 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 5 MOYES PLACE: £1,555,925 (Sold on 14 Dec 2017)
    • The first recorded sale happened at this postcode is , 5 MOYES PLACE: £1,555,925 (Sold on 14 Dec 2017)
  • Terraced
    • The average price is around £63,250 median price is £63,250 Standard Deviation is £16,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 42 THE STREET: £80,000 (Sold on 08 Jan 2009)
    • The first recorded sale happened at this postcode is , 42 THE STREET: £46,500 (Sold on 27 Oct 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£300,000 £2,239 2
2021£345,0001
2019£376,250 £3,645 2
2018£228,000 £3,123 1
2016£298,7502
2014£263,750 £3,961 2
2010£266,000 £3,057 1
2007£213,332 £3,505 3
2006£281,500 £2,370 2
2005£213,000 £3,750 1
2003£173,750 £2,597 2
2000£93,5001
1997£64,250 £641 2
1996£94,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£537,500 £3,733 1
2021£748,571 £3,252 7
2020£640,833 £4,052 3
2019£505,000 £3,268 4
2018£473,750 £2,795 6
2017£468,750 £2,835 4
2016£280,500 £2,607 2
2015£303,000 £3,093 4
2014£295,625 £2,838 4
2013£270,000 £2,047 2
2012£255,000 £2,461 2
2011£262,000 £3,422 2
2010£220,000 £2,408 1
2008£267,5001
2007£249,000 £2,273 4
2006£330,250 £3,386 8
2005£252,500 £2,767 2
2004£266,667 £2,252 3
2002£148,875 £1,946 2
2001£143,750 £1,658 2
2000£138,0001
1999£265,525 £1,477 2
1998£108,0001
1997£104,790 £877 5
1995£92,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£1,555,925 £6,765 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£80,000 £2,288 1
1999£46,500 £1,330 1

House Type in IP8 3NP area

The most common house types in the IP8 3NP postcode area are Detached (77), Semi-detached (24), and Terraced (6).

Total107
Detached77
Semi-detached24
Terraced6
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 (49), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright49
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency10
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP8 3NP have 2 people in household (41), and 1 person in household (27).

2 people in household41
1 person in household27
4 people in household17
3 people in household11
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0