IP28 7LU is a residential postcode situated on Bunbury Avenue, Mildenhall, Bury St. Edmunds, IP28 with 23 addresses.
It ranks as the 617th largest and 72nd most expensive of the 830 postcodes in the IP28 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
IP28 7LU is a residential postcode situated on Bunbury Avenue, Mildenhall, Bury St. Edmunds, IP28 with 23 addresses.
It ranks as the 617th largest and 72nd most expensive of the 830 postcodes in the IP28 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
Sale prices range from £166,253 for 3 bedroom freehold houses with a garden (796 ft2) to £257,727 for 3 bedroom freehold houses with a garden (839 ft2) .
Monthly rental prices range from £857 pcm for 3 bed houses to £1,137 pcm for 3 bed houses.
The gross rental yield is between 5.3% and 6.2%.
The average value per square foot is £203.
The last sale in IP28 7LU sold for £150,000 on 16th January 2026. Since then prices have on average remained the same.
The current average value in the postcode is £184,289.
The IP28 7LU Sales Market has increased by 31.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2% | £184,289 |
| April 2025 | 0.7% | £188,025 |
| April 2024 | -4.2% | £186,651 |
| April 2023 | 3.3% | £194,842 |
| April 2022 | 10.2% | £188,586 |
| April 2021 | 3.4% | £171,201 |
| April 2020 | 2.5% | £165,499 |
| April 2019 | -1.9% | £161,522 |
| April 2018 | 6.2% | £164,628 |
| April 2017 | 10.9% | £155,064 |
| April 2016 | 7% | £139,806 |
| April 2015 | 7.3% | £130,676 |
| April 2014 | 6.7% | £121,821 |
| April 2013 | 1.8% | £114,160 |
| April 2012 | 0.6% | £112,176 |
| April 2011 | -1.7% | £111,503 |
| April 2010 | 4.7% | £113,484 |
| April 2009 | -17% | £108,424 |
| April 2008 | 4.3% | £130,706 |
| April 2007 | 0% | £125,372 |
The current average rental value in the postcode is £913.
The IP28 7LU Rental Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £913pcm |
| April 2025 | 4.2% | £897pcm |
| April 2024 | 3.1% | £861pcm |
| April 2023 | 2.3% | £836pcm |
| April 2022 | 9.6% | £817pcm |
| April 2021 | 3.7% | £745pcm |
| April 2020 | 0.3% | £719pcm |
| April 2019 | -0.5% | £717pcm |
| April 2018 | 3% | £720pcm |
| April 2017 | 3% | £699pcm |
| April 2016 | 6.2% | £678pcm |
| April 2015 | -0.3% | £639pcm |
| April 2014 | 6.8% | £641pcm |
| April 2013 | 1.7% | £600pcm |
| April 2012 | -2.9% | £590pcm |
| April 2011 | 4.5% | £608pcm |
| April 2010 | 8.1% | £582pcm |
| April 2009 | -6.7% | £538pcm |
| April 2008 | -1.1% | £577pcm |
| April 2007 | 0% | £584pcm |
The last sale was on 16th January 2026 for £150,000 and since then the market in the area has remained stable. The postcode has had a total of 22 sales since 1995.
IP28 7LU has seen 3 sales in the last three years and 1 sale in the last twelve months.
IP28 7LU is the 617th largest and the 72nd 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 7LU, 37.6% of property is socially rented and 27.2% is privately owned outright.
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 7LU, 25.8% of residents are recorded as possessing school level qualifications and 18.2% 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 7LU, 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 7LU, 0.7% 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 7LU, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.