IP28 7BX is a residential postcode situated on Folly Road, Mildenhall, Bury St. Edmunds, IP28 with 32 addresses.
It ranks as the 704th largest and 491st most expensive of the 830 postcodes in the IP28 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 32 properties: 32 houses.
IP28 7BX is a residential postcode situated on Folly Road, Mildenhall, Bury St. Edmunds, IP28 with 32 addresses.
It ranks as the 704th largest and 491st most expensive of the 830 postcodes in the IP28 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 32 properties: 32 houses.
Sale prices range from £267,377 for 3 bedroom freehold houses with a garden (724 ft2) to £605,421 for 5 bedroom freehold houses with a garden (2,981 ft2) .
Monthly rental prices range from £1,007 pcm for 3 bed houses to £1,926 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 4.8%.
The average value per square foot is £312.
The last sale in IP28 7BX sold for £245,000 on 9th January 2026. Since then prices have on average remained the same.
The current average value in the postcode is £345,080.
The IP28 7BX Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £345,080 |
| April 2025 | 0.7% | £352,546 |
| April 2024 | -3.9% | £350,250 |
| April 2023 | 4% | £364,482 |
| April 2022 | 9% | £350,297 |
| April 2021 | 4.3% | £321,299 |
| April 2020 | 2.7% | £308,020 |
| April 2019 | -1.9% | £299,982 |
| April 2018 | 5.7% | £305,715 |
| April 2017 | 10.8% | £289,286 |
| April 2016 | 6.6% | £261,049 |
| April 2015 | 5.8% | £244,918 |
| April 2014 | 7% | £231,573 |
| April 2013 | 3.7% | £216,477 |
| April 2012 | 0.6% | £208,659 |
| April 2011 | -1.5% | £207,328 |
| April 2010 | 4.6% | £210,401 |
| April 2009 | -15.6% | £201,111 |
| April 2008 | 4.3% | £238,275 |
| April 2007 | 0% | £228,540 |
The current average rental value in the postcode is £1,230.
The IP28 7BX Rental Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,230pcm |
| April 2025 | 4.1% | £1,210pcm |
| April 2024 | 3.4% | £1,162pcm |
| April 2023 | 3% | £1,124pcm |
| April 2022 | 8.5% | £1,092pcm |
| April 2021 | 4.6% | £1,006pcm |
| April 2020 | 0.5% | £962pcm |
| April 2019 | -0.5% | £957pcm |
| April 2018 | 2.6% | £962pcm |
| April 2017 | 2.9% | £938pcm |
| April 2016 | 5.8% | £911pcm |
| April 2015 | -1.7% | £861pcm |
| April 2014 | 7% | £876pcm |
| April 2013 | 3.6% | £819pcm |
| April 2012 | -2.8% | £790pcm |
| April 2011 | 4.8% | £813pcm |
| April 2010 | 8% | £776pcm |
| April 2009 | -5.1% | £718pcm |
| April 2008 | -1.1% | £757pcm |
| April 2007 | 0% | £765pcm |
The last sale was on 9th January 2026 for £245,000 and since then the market in the area has remained stable. The postcode has had a total of 37 sales since 1995.
IP28 7BX has seen 3 sales in the last three years and 2 sales in the last twelve months.
IP28 7BX is the 704th largest and the 491st most expensive postcode out of the 830 postcodes in the IP28 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IP28 7BX, 42.2% of property is privately owned outright and 23.4% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IP28 7BX, 16.4% of residents are recorded as possessing school level qualifications and 19.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around IP28 7BX, the average age was 41.3 and the most common age was 22.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IP28 7BX, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IP28 7BX, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.