53, MILLFIELD ROAD, BARNINGHAM, BURY ST EDMUNDS, IP31 1DX - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

53 MILLFIELD ROAD is a detached house, which could now be worth an estimated £356,564. It was last sold for £305,000 in June 2019, which was around 21% below the average June 2019 detached price in the West Suffolk local authority area.

53 MILLFIELD ROAD Sold Prices

Land registry data shows two sales for 53 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 53 MILLFIELD ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 27 JUN	£305,000	£388,390	21% below HPI
2018 25 MAY	£315,000	£375,317	16% below HPI

What might 53 MILLFIELD ROAD be worth now?

53 MILLFIELD ROAD might now be worth an estimated £356,564.

This is based on house price inflation of 16.9%, between June 2019 and May 2026, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.9% inflationary increase is applied to the most recent sale price for 53 MILLFIELD ROAD of £305,000 on 27th June 2019. For the value to have increased from £305,000 to £356,564 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 53 MILLFIELD ROAD has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 53 MILLFIELD ROAD has not materially changed since June 2019.

Where is 53 MILLFIELD ROAD?

53 MILLFIELD ROAD is located in BARNINGHAM, in the IP31 postcode district.