Rendlesham Road - IP1 2LY
Key Postcode Insights
IP1 2LY is a residential postcode situated on Rendlesham Road, Ipswich, IP1 with 25 addresses.
It ranks as the 587th largest and 210th most expensive of the 898 postcodes in the IP1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £154,635
- 10 Year change
- up 33.0%
- Ave. Rental Price
- £901pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £201/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
IP1 2LY is a residential postcode situated on Rendlesham Road, Ipswich, IP1 with 25 addresses.
It ranks as the 587th largest and 210th most expensive of the 898 postcodes in the IP1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £154,635
- 10 Year change
- up 33.0%
- Ave. Rental Price
- £901pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £201/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin IP1 2LY
- 1 Rendlesham Road
3 Bed Period House
- 2 Rendlesham Road
3 Bed Period House
- 3 Rendlesham Road
House
- 12 Rendlesham Road
House
- 14 Rendlesham Road
3 Bed Period House
Sales Market Trends
The last sale in IP1 2LY sold for £138,000 on 22nd October 2025. Since then prices are up an average of 1.0%.
The current average value in the postcode is £154,635.
The IP1 2LY Sales Market has increased by 33.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £154,635 |
| June 2025 | 0.9% | £156,488 |
| June 2024 | -3.6% | £155,132 |
| June 2023 | 1.3% | £160,867 |
| June 2022 | 11.1% | £158,805 |
| June 2021 | 4.5% | £142,947 |
| June 2020 | 0.8% | £136,744 |
| June 2019 | 2.6% | £135,609 |
| June 2018 | 6% | £132,222 |
| June 2017 | 7.4% | £124,789 |
| June 2016 | 10.4% | £116,224 |
| June 2015 | 5.3% | £105,276 |
| June 2014 | 9.5% | £99,931 |
| June 2013 | 2.9% | £91,255 |
| June 2012 | 1.4% | £88,646 |
| June 2011 | -0.1% | £87,382 |
| June 2010 | 8.2% | £87,447 |
| June 2009 | -14.9% | £80,854 |
| June 2008 | -6.8% | £95,003 |
| June 2007 | 0% | £101,948 |
Rental Market Trends
The current average rental value in the postcode is £901.
The IP1 2LY Rental Market has increased by 59.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £901pcm |
| June 2025 | 6.2% | £876pcm |
| June 2024 | 5.2% | £825pcm |
| June 2023 | 9.1% | £784pcm |
| June 2022 | 9.1% | £718pcm |
| June 2021 | 7.2% | £658pcm |
| June 2020 | 1.1% | £614pcm |
| June 2019 | 0.5% | £608pcm |
| June 2018 | 3% | £605pcm |
| June 2017 | 4% | £587pcm |
| June 2016 | 6.5% | £565pcm |
| June 2015 | 4.5% | £531pcm |
| June 2014 | 3.3% | £508pcm |
| June 2013 | 3.2% | £491pcm |
| June 2012 | 1.7% | £476pcm |
| June 2011 | 3.7% | £468pcm |
| June 2010 | 4.3% | £452pcm |
| June 2009 | -10.5% | £433pcm |
| June 2008 | 0.8% | £484pcm |
| June 2007 | 0% | £480pcm |
Sales History
The last sale was on 22nd October 2025 for £138,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 49 sales since 1995.
IP1 2LY has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£138,000 | 3 Bed House46, Rendlesham Road, Ipswich, IP1 2LY46, Rendlesham Road, Ipswich, IP1 2LY
- Sold Jan 2025£82,000 | 3 Bed House28, Rendlesham Road, Ipswich, IP1 2LY28, Rendlesham Road, Ipswich, IP1 2LY
- Sold Apr 2023£158,000 | 3 Bed House14, Rendlesham Road, Ipswich, IP1 2LY14, Rendlesham Road, Ipswich, IP1 2LY
- Sold Oct 2022£125,000 | 3 Bed House20, Rendlesham Road, Ipswich, IP1 2LY20, Rendlesham Road, Ipswich, IP1 2LY
- Sold Nov 2021£155,000 | 3 Bed House1, Rendlesham Road, Ipswich, IP1 2LY1, Rendlesham Road, Ipswich, IP1 2LY
Nearby Postcodes
IP1 2LY is the 587th largest and the 210th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 2JR, Bulwer Road, Ipswich, IP1IP1 2JR42 Addresses|48 m away
- IP1 2JN, Clarkson Street, Ipswich, IP1IP1 2JN3 Addresses|61 m away
- IP1 2JS, Bulwer Road, Ipswich, IP1IP1 2JS14 Addresses|68 m away
- IP1 2LX, Rendlesham Road, Ipswich, IP1IP1 2LX30 Addresses|71 m away
- IP1 2LS, Victoria Street, Ipswich, IP1IP1 2LS8 Addresses|73 m away
Property Types
- 18 period houses built between 1800 and 1911
- 1 house of an unknown age
- 6 other addresses of unknown type
- period house (18)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (3)
- G (1)
- D (12)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Apr 2022£165,000 | 3 Bed House61, Rendlesham Road, Ipswich, IP1 2LX61, Rendlesham Road, Ipswich, IP1 2LX
- Sold Oct 2021£158,000 | 3 Bed House40, Rendlesham Road, Ipswich, IP1 2LY40, Rendlesham Road, Ipswich, IP1 2LY
- Sold Apr 2023£158,000 | 3 Bed House14, Rendlesham Road, Ipswich, IP1 2LY14, Rendlesham Road, Ipswich, IP1 2LY
Schools Nearby
- Handford Hall Primary School300 m away
- St Matthew's Church of England Primary School, Ipswich500 m away
- Ranelagh Primary School800 m away
- Westbourne Academy1.9 km away
- Chantry Academy2.0 km away
- Stoke High School - Ormiston Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to IP1 2LY is Ipswich station, which is 1.2 kilometres away.
- Ipswich|1.2 km away
- Westerfield|2.8 km away
- Derby Road (Ipswich)|3.1 km away
- Needham Market|11.7 km away
