Mere View Mill Road

    MERE VIEW, MILL ROAD, PAKENHAM, BURY ST EDMUNDS, IP31 2NB

    This detached freehold property on Mill Road last sold in September 2022 for £294,000. Based on price growth in the IP31 district since then, its estimated current value is £306,437 — placing it in the 51st percentile nationally and the 33rd percentile within IP31. The property covers 84 m² (904 sq ft), giving an estimated value of £3,648 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    84 m²

    (904 sq ft)

    Last Sale Price

    £294,000

    Sept 2022

    Estimated Valuation

    £306,437

    Est. £/m²

    £3,648/m²

    £339/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area84 m² (904 sq ft)
    EPC dateMay 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    7 Sept 2022

    £294,000

    Key Metrics

    Estimated valuation£306,437
    Value per m² / sq ft£3,648/m² (£339/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP31 district percentile33rd percentile
    National percentile51st percentile

    District Context — IP31

    IP31 covers parts of central Suffolk, including Thetford and surrounding villages. It is a mixed market combining rural settlements with modest town characteristics, appealing to families and those seeking countryside living with reasonable accessibility.

    Average Property Price - IP31

    £403,906

    68

    National percentile

    Average Net Household Income - IP31

    £42,727

    68

    National percentile

    10-Year Annualised Price Growth - IP31

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP31

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