Mill Road - IP31 2NE
Key Postcode Insights
IP31 2NE is a residential postcode situated on Mill Road, Pakenham, Bury St. Edmunds, IP31 with 4 addresses.
It ranks as the 178th largest and 260th most expensive of the 764 postcodes in the IP31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £320,474
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £1,410pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
IP31 2NE is a residential postcode situated on Mill Road, Pakenham, Bury St. Edmunds, IP31 with 4 addresses.
It ranks as the 178th largest and 260th most expensive of the 764 postcodes in the IP31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £320,474
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £1,410pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin IP31 2NE
- Beggars Roost
4 Bed Mid-century House
- Mayford
3 Bed Mid-century House
- Nosredna
4 Bed House
- Torwan
3 Bed Mid-century House
Sales Market Trends
The last sale in IP31 2NE sold for £300,000 on 10th November 2020. Since then prices are up an average of 7.7%.
The current average value in the postcode is £320,474.
The IP31 2NE Sales Market has increased by 18.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £320,474 |
| June 2025 | 3.1% | £330,045 |
| June 2024 | -3.1% | £320,152 |
| June 2023 | 0.3% | £330,402 |
| June 2022 | 7.2% | £329,531 |
| June 2021 | 4.2% | £307,461 |
| June 2020 | 2.4% | £294,956 |
| June 2019 | -2.3% | £288,066 |
| June 2018 | 2.2% | £294,801 |
| June 2017 | 7% | £288,368 |
| June 2016 | 7.9% | £269,508 |
| June 2015 | 6.5% | £249,798 |
| June 2014 | 12.3% | £234,488 |
| June 2013 | -0.2% | £208,844 |
| June 2012 | 1.8% | £209,286 |
| June 2011 | -0.2% | £205,654 |
| June 2010 | 10.7% | £206,030 |
| June 2009 | -12.2% | £186,142 |
| June 2008 | -3.3% | £211,980 |
| June 2007 | 0% | £219,283 |
Rental Market Trends
The current average rental value in the postcode is £1,410.
The IP31 2NE Rental Market has increased by 47.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,410pcm |
| June 2025 | 5.3% | £1,373pcm |
| June 2024 | 5.2% | £1,304pcm |
| June 2023 | 6% | £1,239pcm |
| June 2022 | 7.2% | £1,169pcm |
| June 2021 | 7.2% | £1,090pcm |
| June 2020 | 0.6% | £1,017pcm |
| June 2019 | 0.7% | £1,012pcm |
| June 2018 | 2% | £1,005pcm |
| June 2017 | 2.9% | £985pcm |
| June 2016 | 7% | £957pcm |
| June 2015 | 2.5% | £895pcm |
| June 2014 | 4.1% | £872pcm |
| June 2013 | 1.6% | £838pcm |
| June 2012 | -0.1% | £824pcm |
| June 2011 | 2.6% | £825pcm |
| June 2010 | 7.3% | £804pcm |
| June 2009 | -6% | £749pcm |
| June 2008 | 1.1% | £796pcm |
| June 2007 | 0% | £787pcm |
Sales History
The last sale was on 10th November 2020 for £300,000 and since then the market in the area has increased by 7.7%. The postcode has had a total of 2 sales since 1995.
IP31 2NE has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
IP31 2NE is the 178th largest and the 260th most expensive postcode out of the 764 postcodes in the IP31 area.
- IP31 2HX, Bury Road, Ixworth, Bury St. Edmunds, IP31IP31 2HX10 Addresses|262 m away
- IP31 2JW, Lower Farm Drive, Ixworth, Bury St. Edmunds, IP31IP31 2JW14 Addresses|303 m away
- IP31 2HZ, Stow Road, Ixworth, Bury St. Edmunds, IP31IP31 2HZ19 Addresses|318 m away
- IP31 2JB, Stow Road, Ixworth, Bury St. Edmunds, IP31IP31 2JB24 Addresses|325 m away
- IP31 2JD, Dover Terrace, Ixworth, Bury St. Edmunds, IP31IP31 2JD11 Addresses|368 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- mid-century house (3)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
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 School700 m away
- Bardwell Church of England Primary School4.1 km away
- Norton CEVC Primary School4.8 km away
- Ixworth High School1.1 km away
- Thurston Community College4.5 km away
- Sybil Andrews Academy7.4 km away
More reading links
Public Transport Nearby
The closest station to IP31 2NE is Thurston station, which is 5.0 kilometres away.
- Thurston|5.0 km away
- Elmswell|8.2 km away
- Bury St Edmunds|9.2 km away
- Thetford|15.2 km away
