Housing Market Analysis for IP12 1LU

Are you looking to understand IP12 1LU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Suffolk postcode.

For the location information and nearby amenities in the IP12 1LU area, explore the IP12 1LU Area information page.
For comprehensive crime statistics in the IP12 1LU area, explore the IP12 1LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP12 1LU postcode area, The average prices are as follows,

  • Other
    • The average price is around £7,000,000 median price is £7,000,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £7,000,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MELTON LODGE: £7,000,000 (Sold on 06 Mar 2023)
    • The first recorded sale happened at this postcode is MELTON LODGE: £7,000,000 (Sold on 06 Mar 2023)
  • Detached
    • The average price is around £325,000 median price is £325,000 Standard Deviation is £245,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE GATE HOUSE, MELTON LODGE: £80,000 (Sold on 24 Jun 1996)
    • The first recorded sale happened at this postcode is MELTON LODGE: £570,000 (Sold on 07 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 1LU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£7,000,000 £6,092 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£80,000 £1,104 1
1995£570,000 £496 1

All the Sales in the IP12 1LU

See the table below for more details on the sold house prices in the IP12 1LU, East Suffolk postcode.

AddressSold DatePrice% Change
MELTON LODGEOther, FreeholdArea: 1149.11 Sq.mtrAge: before 190006 Mar 2023£7,000,0001128.07%
07 Jul 1995£570,000First Sale
THE GATE HOUSE, MELTON LODGEDetached, FreeholdArea: 72.49 Sq.mtrAge: before 190024 Jun 1996£80,000First Sale

Check out the sold house prices near the IP12 1LU postcode. Properties currently for saleProperties currently for rent

IP12 1LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP12 1LU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP12 1LU postcode.

  • Semi-Detached
    • The average price is around £177,927 median price is £155,000 Standard Deviation is £122,678 with Total Sold: 207
    • The Last 5 Year average price is £297,496 with Total Sold: 24
    • The most recent sale happened at this postcode is , 88 HALL FARM ROAD: £272,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 46A THE STREET: £49,995 (Sold on 11 Apr 1995)
  • Flat
    • The average price is around £89,521 median price is £90,000 Standard Deviation is £43,610 with Total Sold: 39
    • The Last 5 Year average price is £104,286 with Total Sold: 7
    • The most recent sale happened at this postcode is , 15 BLAKES CLOSE: £92,500 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 9 BLAKES CLOSE: £18,000 (Sold on 19 Jul 1996)
  • Terraced
    • The average price is around £136,320 median price is £127,500 Standard Deviation is £79,921 with Total Sold: 115
    • The Last 5 Year average price is £251,578 with Total Sold: 16
    • The most recent sale happened at this postcode is , 22 THE STREET: £205,500 (Sold on 17 Jul 2024)
    • The first recorded sale happened at this postcode is , 47 THE STREET: £41,000 (Sold on 20 Mar 1995)
  • Detached
    • The average price is around £321,140 median price is £233,000 Standard Deviation is £266,923 with Total Sold: 104
    • The Last 5 Year average price is £546,960 with Total Sold: 25
    • The most recent sale happened at this postcode is , RED COTTAGE YARMOUTH ROAD: £1,636,000 (Sold on 19 Oct 2023)
    • The first recorded sale happened at this postcode is , 1 PLANTATION PLACE: £40,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £1,390,349 median price is £217,500 Standard Deviation is £2,520,413 with Total Sold: 6
    • The Last 5 Year average price is £2,053,774 with Total Sold: 4
    • The most recent sale happened at this postcode is , MELTON LODGE : £7,000,000 (Sold on 06 Mar 2023)
    • The first recorded sale happened at this postcode is , 15A HALL FARM ROAD: £32,000 (Sold on 29 Aug 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£258,0003
2023£287,500 £3,894 2
2022£431,180 £4,473 5
2021£270,100 £3,970 5
2020£255,000 £2,633 2
2019£253,500 £3,106 7
2018£341,500 £3,597 8
2017£204,000 £2,842 4
2016£257,531 £3,249 8
2015£188,499 £2,712 4
2014£303,545 £2,613 11
2013£184,389 £1,849 9
2012£212,083 £2,479 6
2011£465,000 £2,607 2
2010£166,357 £2,062 7
2009£153,500 £2,162 2
2008£213,375 £2,294 4
2007£194,450 £2,010 11
2006£163,620 £1,910 10
2005£212,312 £1,988 12
2004£150,871 £1,803 7
2003£173,841 £1,677 8
2002£115,417 £1,339 12
2001£89,138 £1,298 9
2000£74,481 £1,138 8
1999£62,414 £861 7
1998£52,733 £726 9
1997£60,206 £581 8
1996£46,925 £680 10
1995£55,356 £765 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£92,5001
2022£104,167 £2,288 3
2021£122,500 £2,462 2
2020£80,000 £2,581 1
2018£150,000 £2,210 1
2016£70,000 £2,307 1
2015£108,333 £1,742 3
2014£125,667 £2,063 3
2012£103,750 £1,557 2
2011£117,333 £1,825 3
2010£152,5001
2009£149,500 £2,293 1
2008£100,000 £1,726 1
2006£70,250 £2,291 2
2005£93,833 £1,982 3
2004£106,000 £1,828 1
2003£54,950 £1,811 1
2002£64,950 £992 1
2001£28,725 £927 2
1999£23,000 £758 1
1998£28,500 £620 2
1997£37,225 £607 2
1996£18,000 £581 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£241,833 £4,346 3
2023£223,500 £3,905 4
2022£342,000 £3,386 1
2021£222,500 £3,624 4
2020£293,438 £3,857 4
2018£295,000 £3,430 1
2017£238,250 £2,870 8
2016£169,000 £2,871 5
2015£160,833 £2,595 6
2014£104,833 £2,027 3
2013£152,750 £2,686 2
2012£138,333 £2,271 3
2011£126,250 £2,018 4
2010£122,625 £2,016 4
2009£112,500 £1,778 5
2008£122,500 £2,337 2
2007£168,500 £1,958 3
2006£139,500 £1,846 7
2005£132,500 £2,136 3
2004£125,362 £1,879 4
2003£122,650 £1,836 5
2002£110,0001
2001£72,167 £1,116 3
2000£65,641 £858 7
1999£45,344 £666 5
1998£46,833 £782 3
1997£44,709 £597 9
1996£42,750 £646 3
1995£41,500 £764 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,088,500 £4,874 2
2022£485,400 £4,623 5
2021£481,750 £3,925 4
2020£561,500 £3,888 7
2019£458,929 £3,487 7
2018£651,250 £3,898 4
2017£559,442 £3,666 6
2016£820,000 £2,752 1
2015£455,000 £2,974 1
2014£320,000 £2,689 1
2013£240,000 £2,611 2
2012£227,000 £2,446 1
2011£312,333 £2,198 3
2010£287,500 £2,253 2
2009£277,500 £2,327 2
2007£135,750 £2,198 2
2006£181,000 £1,810 5
2005£312,512 £2,103 2
2004£330,833 £2,230 3
2003£157,125 £1,606 4
2002£253,500 £3,344 8
2001£178,417 £1,369 6
2000£102,862 £925 4
1999£117,667 £689 3
1998£131,000 £886 2
1997£103,888 £470 2
1996£67,241 £792 11
1995£224,750 £496 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£7,000,000 £6,092 1
2022£780,0961
2020£217,5002
2018£63,500 £611 2

House Type in IP12 1LU area

The most common house types in the IP12 1LU postcode area are Detached (132), Semi-detached (19), and Terraced (13).

Total168
Detached132
Semi-detached19
Terraced13
Shared house2
converted building2
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (62).

Owned: Owns outright79
Owned: Owns with a mortgage or loan62
Private rented: Private landlord or letting agency17
Private rented: Other private rented6
Social rented: Other social rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP12 1LU have 2 people in household (76), and 1 person in household (41).

2 people in household76
1 person in household41
3 people in household24
4 people in household23
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0