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Mildenhall House Prices Mildenhall House Prices

The average house price in Mildenhall is £276,237 using HM Land Registry data.

The average property price increased by £43,097 (18.59%) over the last 5 years and increased by £8,613 (3.24%) over the last 12 months.

Over the last year, there were 93 residential property sales – a decrease of 28 transactions (-30.11%) relative to the previous year. The majority of house sales (31) were in the £188,000 - £246,000 range. Then came properties in the £130,000 - £188,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 28 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,902 (-3%).

In April 2024, there were 17 new estate agency instructions, 10 agreed home sales and 17 property price reductions.

Neighbouring Areas: Beck Row

Postcodes Covered: IP28

5-Year Average Property Prices in Mildenhall

18.59%

Property prices in Mildenhall increased by 18.59% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Mildenhall Over the Last Year

3.24%

Property prices in Mildenhall increased by 3.24% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Mildenhall - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Mildenhall

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Mildenhall

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Mildenhall

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Mildenhall since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Mildenhall area since 1995.

Recent Property Sales in Mildenhall

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Bridewell Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7RB£365,000£350,000-£15,00030 Nov 202308 Mar 202499 Days
8 Birkdale Avenue, Mildenhall, Bury St Edmunds, Suffolk, IP28 7JS£280,000£270,000-£10,00030 Aug 202328 Feb 2024182 Days
22 Ship Gardens, Mildenhall, Bury St Edmunds, Suffolk, IP28 7DL£140,000£130,000-£10,00010 Aug 202314 Dec 2023126 Days
10 Bury Road, Mildenhall, Bury St Edmunds, Suffolk, IP28 7HT£250,000£250,000£0013 Jan 202308 Dec 2023329 Days
10 Lime Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7PR£210,000£210,000£0008 Feb 202302 Nov 2023267 Days
20 Ship Gardens, Mildenhall, Bury St Edmunds, Suffolk, IP28 7DL£135,000£130,000-£5,00022 Mar 202301 Nov 2023224 Days
58 Boeing Way, Mildenhall, Bury St Edmunds, Suffolk, IP28 7RJ£220,000£215,000-£5,00008 Jun 202330 Oct 2023144 Days
29 Plumpton Avenue, Mildenhall, Bury St Edmunds, Suffolk, IP28 7PA£299,995£299,995£0023 May 202317 Oct 2023147 Days
56 Emmanuel Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7PF£220,000£210,000-£10,00014 Jun 202318 Sep 202396 Days
20 Wren Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7HH£310,000£300,000-£10,00006 May 202322 Aug 2023108 Days
21 Nightingale Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7HQ£230,000£210,000-£20,00007 Mar 202304 Aug 2023150 Days
82 Pembroke Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7NA£200,000£200,000£0014 Apr 202331 Jul 2023108 Days
53 Mulberry Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7LL£310,000£305,000-£5,00022 Mar 202328 Jul 2023128 Days
36 Charles Melrose Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7BA£320,000£315,000-£5,00008 Mar 202328 Jul 2023142 Days
64 Pembroke Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7NA£195,000£193,000-£2,00027 Mar 202325 Jul 2023120 Days
34 Laburnum Avenue, Mildenhall, Bury St Edmunds, Suffolk, IP28 7PL£180,000£174,000-£6,00023 Jan 202321 Jul 2023179 Days
108 St Johns Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7NY£190,000£185,000-£5,00004 Jan 202317 Jul 2023194 Days
8 Bridewell Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7RB£340,000£335,000-£5,00016 Feb 202314 Jul 2023148 Days
4 Jim Mollison Court, Mildenhall, Bury St Edmunds, Suffolk, IP28 7QP£240,000£240,000£0018 Mar 202314 Jul 2023118 Days
18 Nightingale Close, Mildenhall, Bury St Edmunds, Suffolk, IP28 7HQ£240,000£235,000-£5,00024 Mar 202314 Jul 2023112 Days

Most Expensive Streets in Mildenhall

PostcodeStreetAreaAverageNo. of Sales
IP28 7DYWorlington RoadMildenhall£568,7504
IP28 8DPThe GroveBeck Row£406,6663
IP28 7AANorth TerraceMildenhall£398,3577
IP28 7HUHazel CloseMildenhall£369,0004
IP28 7ALField RoadMildenhall£361,0003
IP28 7EDChurch WalkMildenhall£338,0004
IP28 7HTBury RoadMildenhall£334,4118
IP28 7SHCypress CloseMildenhall£331,6503
IP28 7AUBreck GardensMildenhall£330,86513
IP28 7JHOsprey CloseMildenhall£329,1633

Least Expensive Streets in Mildenhall

PostcodeStreetAreaAverageNo. of Sales
IP28 7EHManor CourtMildenhall£98,8333
IP28 7PYGonville CloseMildenhall£115,5005
IP28 7HLLark RoadMildenhall£122,6663
IP28 7ENNew StreetMildenhall£125,0004
IP28 7NHPeterhouse CloseMildenhall£129,6663
IP28 7DLShip GardensMildenhall£130,63611
IP28 7RHLapwing CourtMildenhall£138,4287
IP28 7NPClare CloseMildenhall£147,5006
IP28 7HBSt Andrews StreetMildenhall£160,1624
IP28 7NJPeterhouse CloseMildenhall£164,7504

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