Mill Road - IP31 2NB
Key Postcode Insights
IP31 2NB is a residential postcode situated on Mill Road, Pakenham, Bury St. Edmunds, IP31 with 10 addresses.
It ranks as the 410th largest and 443rd most expensive of the 764 postcodes in the IP31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 9 houses and 1 flat.
- Ave. Sale Price
- £457,149
- 10 Year change
- up 16.9%
- Ave. Rental Price
- £1,333pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
IP31 2NB is a residential postcode situated on Mill Road, Pakenham, Bury St. Edmunds, IP31 with 10 addresses.
It ranks as the 410th largest and 443rd most expensive of the 764 postcodes in the IP31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 9 houses and 1 flat.
- Ave. Sale Price
- £457,149
- 10 Year change
- up 16.9%
- Ave. Rental Price
- £1,333pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin IP31 2NB
- 1 Micklemere Mill Road
3 Bed Period House
- 2 Micklemere Mill Road
3 Bed Period House
- 3 Micklemere Mill Road
3 Bed Modern House
- Meadow Garth
5 Bed Mid-century House
- Mere View
3 Bed Mid-century House
Sales Market Trends
The last sale in IP31 2NB sold for £635,000 on 28th April 2023. Since then prices are down an average of 3.5%.
The current average value in the postcode is £457,149.
The IP31 2NB Sales Market has increased by 16.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £457,149 |
| June 2025 | 2.8% | £471,231 |
| June 2024 | -2.8% | £458,502 |
| June 2023 | 0.4% | £471,703 |
| June 2022 | 6.5% | £469,841 |
| June 2021 | 3.7% | £440,962 |
| June 2020 | 2.6% | £425,360 |
| June 2019 | -2.2% | £414,660 |
| June 2018 | 2% | £423,944 |
| June 2017 | 6.3% | £415,706 |
| June 2016 | 6.9% | £391,060 |
| June 2015 | 5.6% | £365,890 |
| June 2014 | 11.9% | £346,352 |
| June 2013 | -0.2% | £309,637 |
| June 2012 | 1.6% | £310,125 |
| June 2011 | -0.1% | £305,386 |
| June 2010 | 10.4% | £305,709 |
| June 2009 | -12% | £276,855 |
| June 2008 | -3.6% | £314,664 |
| June 2007 | 0% | £326,324 |
Rental Market Trends
The current average rental value in the postcode is £1,333.
The IP31 2NB Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,333pcm |
| June 2025 | 5% | £1,300pcm |
| June 2024 | 5.5% | £1,238pcm |
| June 2023 | 6.1% | £1,173pcm |
| June 2022 | 6.6% | £1,105pcm |
| June 2021 | 6.6% | £1,036pcm |
| June 2020 | 0.8% | £972pcm |
| June 2019 | 0.8% | £965pcm |
| June 2018 | 1.7% | £958pcm |
| June 2017 | 2.2% | £941pcm |
| June 2016 | 6% | £921pcm |
| June 2015 | 1.7% | £868pcm |
| June 2014 | 3.8% | £854pcm |
| June 2013 | 1.7% | £823pcm |
| June 2012 | -0.3% | £810pcm |
| June 2011 | 2.7% | £812pcm |
| June 2010 | 7.1% | £790pcm |
| June 2009 | -5.8% | £738pcm |
| June 2008 | 0.9% | £783pcm |
| June 2007 | 0% | £777pcm |
Sales History
The last sale was on 28th April 2023 for £635,000 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 10 sales since 1995.
IP31 2NB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2023£635,000 | 4 Bed HouseMisty Mere, Mill Road, Bury St. Edmunds, IP31 2NBMisty Mere, Mill Road, Bury St. Edmunds, IP31 2NB
- Sold Sep 2022£294,000 | 3 Bed HouseMere View, Mill Road, Bury St. Edmunds, IP31 2NBMere View, Mill Road, Bury St. Edmunds, IP31 2NB
- Sold Nov 2021£935,000 | 5 Bed HouseMeadow Garth, Mill Road, Bury St. Edmunds, IP31 2NBMeadow Garth, Mill Road, Bury St. Edmunds, IP31 2NB
- Sold Nov 2021£470,000 | 4 Bed HouseThe Cottage, Mill Road, Bury St. Edmunds, IP31 2NBThe Cottage, Mill Road, Bury St. Edmunds, IP31 2NB
- Sold Dec 2019£399,950 | 4 Bed HouseThe Cottage, Mill Road, Bury St. Edmunds, IP31 2NBThe Cottage, Mill Road, Bury St. Edmunds, IP31 2NB
Nearby Postcodes
IP31 2NB is the 410th largest and the 443rd most expensive postcode out of the 764 postcodes in the IP31 area.
- IP31 2FQ, Stow Lane, Pakenham, Bury St. Edmunds, IP31IP31 2FQ1 Addresses|429 m away
- IP31 2UL, Plummer Close, Ixworth, Bury St. Edmunds, IP31IP31 2UL11 Addresses|490 m away
- IP31 2NE, Mill Road, Pakenham, Bury St. Edmunds, IP31IP31 2NE4 Addresses|493 m away
- IP31 2FX, Carpenter Close, Ixworth, Bury St. Edmunds, IP31IP31 2FX11 Addresses|531 m away
- IP31 2JB, Stow Road, Ixworth, Bury St. Edmunds, IP31IP31 2JB24 Addresses|533 m away
Property Types
- 4 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 1 modern house built after 1980
- 2 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- period house (4)
- period flat (1)
- modern house (1)
- mid-century house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (1)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2021£935,000 | 5 Bed HouseMeadow Garth, Mill Road, Bury St. Edmunds, IP31 2NBMeadow Garth, Mill Road, Bury St. Edmunds, IP31 2NB
- Sold Apr 2023£635,000 | 4 Bed HouseMisty Mere, Mill Road, Bury St. Edmunds, IP31 2NBMisty Mere, Mill Road, Bury St. Edmunds, IP31 2NB
- Sold Sep 2006£568,000 | 5 Bed HouseMeadow Garth, Mill Road, Bury St. Edmunds, IP31 2NBMeadow Garth, Mill Road, Bury St. Edmunds, IP31 2NB
Schools Nearby
- Ixworth Church of England Primary School800 m away
- Bardwell Church of England Primary School4.3 km away
- Norton CEVC Primary School4.4 km away
- Ixworth High School1.2 km away
- Thurston Community College4.4 km away
- Sybil Andrews Academy7.5 km away
More reading links
Public Transport Nearby
The closest station to IP31 2NB is Thurston station, which is 4.9 kilometres away.
- Thurston|4.9 km away
- Elmswell|7.8 km away
- Bury St Edmunds|9.4 km away
- Thetford|15.6 km away
