The Mill, Ipswich house prices are built from 256 sales lodged with HM Land Registry, the oldest in 2009 and the most recent on 23 Feb 2024. The median price paid across the whole record is £120,000. Across the 10 years from 2009 to 2019 the median moved +18.2% in cash — but once inflation is taken out, the change in 2026 money is -5.9%.
Median price paid
£120,000
Change in cash, 2009–2019
+18.2%
Change in real terms
-5.9%
Median per m²
£2,258
HM Land Registry256 sales5 with floor areaLatest sale 23 Feb 2024
Section 01
How The Mill, Ipswich prices moved
The chart tracks the median The Mill, Ipswich house price for every year with a recorded sale, from 2009 to 2019. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 2000s | 1 | £125,375 | £228,396 |
| 2010s | 10 | £112,500 | £158,625 |
The highest yearly median on record for The Mill, Ipswich is £148,250 in 2019; the lowest is £87,250 in 2013. Across the full 11-year record the cash median has moved from £125,375 to £148,250.
In 2026 money that first median is worth £206,036, so the real change over the whole record is -5.9% — about -0.60% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +18.2% in cash against -5.9% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 701 Foundry | 23 Feb 2024 | Flat or maisonette | £67,000 | £70,500 |
| Flat 303 Foundry | 8 Nov 2022 | Flat or maisonette | £82,000 | £95,004 |
| Flat 104 Foundry | 15 Jul 2022 | Flat or maisonette | £84,000 | £97,321 |
| Flat 103 Foundry | 8 Apr 2022 | Flat or maisonette | £80,000 | £92,687 |
| Flat 202 Mill House | 7 Aug 2020 | Flat or maisonette | £102,000 | £132,066 |
| Flat 206 Foundry | 12 May 2020 | Flat or maisonette | £133,000 | £172,204 |
| Flat 401 Foundry | 10 Jan 2020 | Flat or maisonette | £131,000 | £169,614 |
| Flat 416 Foundry | 13 Dec 2019 | Flat or maisonette | £160,000 | £209,276 |
| Flat 901 Foundry | 27 Sep 2019 | Flat or maisonette | £154,500 | £202,083 |
| Flat 406 Quayside | 6 Sep 2019 | Flat or maisonette | £142,000 | £185,733 |
| Flat 1003 Foundry | 6 Sep 2019 | Flat or maisonette | £127,000 | £166,113 |
| Flat 614 Foundry | 12 Mar 2019 | Flat or maisonette | £126,000 | £164,805 |
| Flat 103 Quayside | 24 Jan 2019 | Flat or maisonette | £180,000 | £235,436 |
| Flat 405 Mill House | 14 Dec 2018 | Flat or maisonette | £132,000 | £175,917 |
| Flat 302 Quayside | 14 Sep 2018 | Flat or maisonette | £138,000 | £183,913 |
| Flat 108 Mill House | 3 Sep 2018 | Flat or maisonette | £152,000 | £202,571 |
| Flat 505 Quayside | 31 Aug 2018 | Flat or maisonette | £210,000 | £279,868 |
| Flat 404 Mill House | 10 Aug 2018 | Flat or maisonette | £130,000 | £173,251 |
| Flat 106 Mill House | 6 Aug 2018 | Flat or maisonette | £150,000 | £199,905 |
| Flat 305 Mill House | 6 Aug 2018 | Flat or maisonette | £130,000 | £173,251 |
| Flat 804 Mill House | 22 Jun 2018 | Flat or maisonette | £118,000 | £157,259 |
| Flat 501 Mill House | 21 Jun 2018 | Flat or maisonette | £135,000 | £179,915 |
| Flat 408 Mill House | 31 May 2018 | Flat or maisonette | £150,000 | £199,905 |
| Flat 207 Mill House | 29 May 2018 | Flat or maisonette | £142,500 | £189,910 |
| Flat 406 Mill House | 29 May 2018 | Flat or maisonette | £138,000 | £183,913 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to The Mill, Ipswich values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| FLAT 303 FOUNDRY the Mill | £78,000 (2009) | £82,000 (2022) | +0.4% | -2.3% |
| FLAT 104 FOUNDRY the Mill | £63,750 (2014) | £84,000 (2022) | +3.5% | +0.8% |
| FLAT 103 FOUNDRY the Mill | £81,000 (2015) | £80,000 (2022) | -0.2% | -2.9% |
| FLAT 202 MILL HOUSE the Mill | £72,250 (2013) | £102,000 (2020) | +5.0% | +3.3% |
| FLAT 401 FOUNDRY the Mill | £110,000 (2012) | £131,000 (2020) | +2.2% | +0.4% |
| FLAT 416 FOUNDRY the Mill | £119,000 (2012) | £160,000 (2019) | +4.3% | +2.4% |
| FLAT 406 QUAYSIDE the Mill | £112,500 (2012) | £142,000 (2019) | +3.4% | +1.4% |
| FLAT 1003 FOUNDRY the Mill | £83,000 (2013) | £127,000 (2019) | +7.3% | +5.4% |
| FLAT 614 FOUNDRY the Mill | £120,000 (2017) | £126,000 (2019) | +2.5% | +0.5% |
| FLAT 103 QUAYSIDE the Mill | £200,000 (2012) | £180,000 (2019) | -1.5% | -3.3% |
| FLAT 302 QUAYSIDE the Mill | £107,000 (2013) | £138,000 (2018) | +5.2% | +3.3% |
| FLAT 505 QUAYSIDE the Mill | £152,500 (2012) | £210,000 (2018) | +5.5% | +3.5% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. The Mill, Ipswich is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Flat or maisonette | 256 | 100.0% | £120,000 | £52,472 – £280,000 |
Section 06
Ownership and new build in The Mill, Ipswich
256 of the sales on record are leasehold and 0 freehold — 100.0% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 256 | 100.0% | £120,000 |
| Freehold | 0 | 0.0% | — |
| New build | 182 | 71.1% | £120,625 |
| Existing home | 74 | 28.9% | £119,750 |
New builds sold for more than the median existing home — +0.7%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 11 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in The Mill, Ipswich
Every certificate carries an energy efficiency band as well as a floor area. Across East Suffolk, 41.2% of 130,214 certificates sit in bands A to C, and 6.4% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 630 | 0.5% |
| B | 12,701 | 9.8% |
| C | 40,380 | 31.0% |
| D | 47,955 | 36.8% |
| E | 20,236 | 15.5% |
| F | 6,405 | 4.9% |
| G | 1,907 | 1.5% |
The Office for National Statistics puts the mean private rent in East Suffolk at £835 a month as of Jun 2026 — £598 for a one-bedroom home and £933 for three bedrooms.
Against the median sale of £120,000 here, that rent is a gross yield of 8.35% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
Section 08
The neighbourhood around The Mill, Ipswich
The 2021 census counted 246,058 residents in East Suffolk across 110,749 households. 69.3% of those households own their home and 30.7% rent — a split the sold record cannot show, because only owners appear in it.
13 state and independent schools have a IP4 postcode: 9 primary, 3 secondary, 1 16 plus. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| Copleston High School | Secondary | Academy converter | 1,930 |
| Northgate High School | Secondary | Community school | 1,750 |
| St Alban's Catholic High School | Secondary | Academy converter | 967 |
| Sidegate Primary School | Primary | Academy sponsor led | 649 |
| Britannia Primary School and Nursery | Primary | Academy sponsor led | 637 |
| Broke Hall Community Primary School | Primary | Academy converter | 591 |
| Rushmere Hall Primary School | Primary | Academy converter | 506 |
| St Helen's Primary School | Primary | Academy converter | 439 |
| St Margaret's Church of England Voluntary Aided Primary School, Ipswich | Primary | Voluntary aided school | 413 |
| Clifford Road Primary School & Nursery | Primary | Community school | 404 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| Derby Road (Ipswich) Rail Station | Rail | 1.1 km |
| Westerfield Rail Station | Rail | 2.5 km |
| Ipswich Rail Station | Rail | 2.7 km |
| Woodbridge Rail Station | Rail | 10.0 km |
Section 09
How The Mill, Ipswich compares
The median across the whole archive is £157,500. The Mill, Ipswich sits below that national figure — -23.8%.
Within Ipswich the street ranks 1823 of 2348 by median price, and its median is below the town figure of £147,500 (-18.6%).
Where an EPC floor area could be matched to the sale, the median works out at £2,258 per square metre, across 5 of the 256 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £52,472 to £280,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
The Mill, Ipswich sits in East Suffolk, in the East of England.
The Office for National Statistics puts the median home in East Suffolk at 7.8 times median local earnings of £37,025 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Streets nearby
- Woodbridge Road£126,750 median
- Spring Road£110,000 median
- Cauldwell Hall Road£105,000 median
- Colchester Road£210,000 median
- Cemetery Road£104,000 median
- Brunswick Road£155,000 median
- Britannia Road£121,500 median
- Westerfield Road£291,500 median
- Rushmere Road£190,500 median
- Hervey Street£120,000 median
- Sidegate Lane£173,000 median
- Tuddenham Road£250,000 median
- Belvedere Road£145,000 median
- Freehold Road£130,500 median
- Oakstead Close£59,723 median
- Heath Road£166,500 median
Addresses with more than one recorded sale
- FLAT 104, FOUNDRY the Mill3 sales
- FLAT 401, FOUNDRY the Mill3 sales
- FLAT 416, FOUNDRY the Mill3 sales
- FLAT 804, MILL HOUSE the Mill3 sales
- FLAT 812, QUAYSIDE the Mill3 sales
- FLAT 514, FOUNDRY the Mill3 sales
- FLAT 708, QUAYSIDE the Mill3 sales
- FLAT 303, FOUNDRY the Mill2 sales
- FLAT 103, FOUNDRY the Mill2 sales
- FLAT 202, MILL HOUSE the Mill2 sales
- FLAT 406, QUAYSIDE the Mill2 sales
- FLAT 1003, FOUNDRY the Mill2 sales
- FLAT 614, FOUNDRY the Mill2 sales
- FLAT 103, QUAYSIDE the Mill2 sales
- FLAT 302, QUAYSIDE the Mill2 sales
- FLAT 505, QUAYSIDE the Mill2 sales
- FLAT 501, MILL HOUSE the Mill2 sales
- FLAT 601, MILL HOUSE the Mill2 sales
- FLAT 109, FOUNDRY the Mill2 sales
- FLAT 309, FOUNDRY the Mill2 sales
- FLAT 816, MILL HOUSE the Mill2 sales
- FLAT 408, FOUNDRY the Mill2 sales
- FLAT 801, FOUNDRY the Mill2 sales
- FLAT 704, FOUNDRY the Mill2 sales
Back to Ipswich house prices.
Quick answers
Common questions about this data
What is the average house price in The Mill, Ipswich?
The median price paid in The Mill, Ipswich across every sale on the register is £120,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in The Mill, Ipswich?
256 sales are on record for The Mill, Ipswich, the most recent completing on 23 Feb 2024. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have The Mill, Ipswich house prices actually risen?
In cash, the median rose +18.2% between 2009 and 2019. In 2026 money — that is, after inflation — the change is -5.9%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were The Mill, Ipswich house prices at their highest?
The highest yearly median on record is £148,250, set in 2019. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in The Mill, Ipswich?
£2,258 per square metre, from the 5 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 23 Feb 2024. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “The Mill, Ipswich house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.