IP12 1FL is a residential postcode situated on Old Maltings Approach, Melton, Woodbridge, IP12 with 39 addresses.
It ranks as the 834th largest and 354th most expensive of the 963 postcodes in the IP12 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 29 flats and 10 other properties.
IP12 1FL is a residential postcode situated on Old Maltings Approach, Melton, Woodbridge, IP12 with 39 addresses.
It ranks as the 834th largest and 354th most expensive of the 963 postcodes in the IP12 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 29 flats and 10 other properties.
Sale prices range from £259,906 for 2 bedroom leasehold flats (516 ft2) to £441,798 for 3 bedroom leasehold flats (1,216 ft2) .
Monthly rental prices range from £1,065 pcm for 2 bed flats to £1,834 pcm for 3 bed flats.
The gross rental yield is between 4.9% and 5.0%.
The average value per square foot is £429.
The last sale in IP12 1FL sold for £355,000 on 17th September 2025. Since then prices are down an average of 4.0%.
The current average value in the postcode is £328,370.
The IP12 1FL Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.4% | £328,370 |
| April 2025 | 0.7% | £343,354 |
| April 2024 | -2.3% | £341,021 |
| April 2023 | 0.6% | £348,899 |
| April 2022 | 6.1% | £346,850 |
| April 2021 | 3.6% | £326,913 |
| April 2020 | -0.5% | £315,460 |
| April 2019 | 1.1% | £316,964 |
| April 2018 | 7% | £313,583 |
| April 2017 | 0.8% | £293,101 |
| April 2016 | 5.6% | £290,890 |
| April 2015 | 6.1% | £275,368 |
| April 2014 | 6.4% | £259,539 |
| April 2013 | 2.4% | £243,895 |
| April 2012 | -1.8% | £238,237 |
| April 2011 | -1.1% | £242,506 |
| April 2010 | 1% | £245,185 |
| April 2009 | -3.9% | £242,694 |
| April 2008 | 4.1% | £252,452 |
| April 2007 | 0% | £242,437 |
The current average rental value in the postcode is £1,346.
The IP12 1FL Rental Market has increased by 35.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,346pcm |
| April 2025 | 4.7% | £1,316pcm |
| April 2024 | 6.8% | £1,256pcm |
| April 2023 | 5.3% | £1,176pcm |
| April 2022 | 6.3% | £1,117pcm |
| April 2021 | 2% | £1,051pcm |
| April 2020 | 2.7% | £1,031pcm |
| April 2019 | -0.1% | £1,004pcm |
| April 2018 | 1.3% | £1,005pcm |
| April 2017 | 0.1% | £992pcm |
| April 2016 | 4.2% | £992pcm |
| April 2015 | 2.7% | £952pcm |
| April 2014 | 3.8% | £927pcm |
| April 2013 | 3.8% | £893pcm |
| April 2012 | 2.1% | £860pcm |
| April 2011 | 3.5% | £842pcm |
| April 2010 | -0.7% | £813pcm |
| April 2009 | -8.8% | £819pcm |
| April 2008 | 2.8% | £898pcm |
| April 2007 | 0% | £873pcm |
The last sale was on 17th September 2025 for £355,000 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 40 sales since 1995.
IP12 1FL has seen 5 sales in the last three years and 2 sales in the last twelve months.
IP12 1FL is the 834th largest and the 354th most expensive postcode out of the 963 postcodes in the IP12 area.
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The closest station to IP12 1FL is Woodbridge station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around IP12 1FL, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IP12 1FL, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IP12 1FL, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IP12 1FL, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.