Park Terrace - IP12 1GP
Key Street Insights
Park Terrace is a residential street with 5 addresses.
It ranks as the 122nd largest and 422nd most expensive of the 628 streets in the IP12 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £490,054
- 10 Year change
- up 25.6%
- Ave. Rental Price
- £1,900pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Street Insights
Park Terrace is a residential street with 5 addresses.
It ranks as the 122nd largest and 422nd most expensive of the 628 streets in the IP12 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £490,054
- 10 Year change
- up 25.6%
- Ave. Rental Price
- £1,900pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertieson Park Terrace, Melton, Woodbridge, IP12
- 1 Park Terrace
Unknown
- 2 Park Terrace
4 Bed Modern House
- 3 Park Terrace
5 Bed Modern House
- 4 Park Terrace
Unknown
- 5 Park Terrace
4 Bed Modern House
Sales Market Trends
The last sale on Park Terrace sold for £400,000 on 20th December 2016. Since then prices are up an average of 24.5%.
The current average value in the street is £490,054.
The Park Terrace Sales Market has increased by 25.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.8% | £490,054 |
| June 2025 | 1.3% | £514,907 |
| June 2024 | -3% | £508,229 |
| June 2023 | -0.5% | £523,788 |
| June 2022 | 10.3% | £526,183 |
| June 2021 | 8.3% | £477,015 |
| June 2020 | 2.1% | £440,486 |
| June 2019 | -0.3% | £431,520 |
| June 2018 | 6.2% | £432,767 |
| June 2017 | 4.5% | £407,633 |
| June 2016 | 9.1% | £390,183 |
| June 2015 | 7.7% | £357,702 |
| June 2014 | 3.4% | £332,244 |
| June 2013 | 3.6% | £321,361 |
| June 2012 | -3.2% | £310,184 |
| June 2011 | 2.5% | £320,331 |
| June 2010 | 7.1% | £312,608 |
| June 2009 | -1.3% | £291,858 |
| June 2008 | 3.2% | £295,693 |
| June 2007 | 0% | £286,629 |
Rental Market Trends
The current average rental value in the street is £1,900.
The Park Terrace Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £1,900pcm |
| June 2025 | 5.9% | £1,874pcm |
| June 2024 | 4.5% | £1,771pcm |
| June 2023 | 6.8% | £1,695pcm |
| June 2022 | 9.8% | £1,587pcm |
| June 2021 | 5.8% | £1,445pcm |
| June 2020 | 4.8% | £1,366pcm |
| June 2019 | 0.3% | £1,303pcm |
| June 2018 | 1.6% | £1,300pcm |
| June 2017 | 3.4% | £1,279pcm |
| June 2016 | 5.4% | £1,237pcm |
| June 2015 | 4.7% | £1,174pcm |
| June 2014 | 3.4% | £1,121pcm |
| June 2013 | 2.7% | £1,085pcm |
| June 2012 | 3.8% | £1,056pcm |
| June 2011 | 4.6% | £1,018pcm |
| June 2010 | 4.9% | £973pcm |
| June 2009 | -5.8% | £928pcm |
| June 2008 | 2% | £984pcm |
| June 2007 | 0% | £965pcm |
Sales History
The last sale was on 20th December 2016 for £400,000 and since then the market in the area has increased by 24.5%. The street has had a total of 10 sales since 1995.
Park Terrace, Melton, Woodbridge, IP12 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2016£400,000 | 5 Bed House3, Park Terrace, Woodbridge, IP12 1GP3, Park Terrace, Woodbridge, IP12 1GP
- Sold Sep 2006£313,000 | 4 Bed House1, Park Terrace, Woodbridge, IP12 1GP1, Park Terrace, Woodbridge, IP12 1GP
- Sold Jul 2006£295,000 | 4 Bed House2, Park Terrace, Woodbridge, IP12 1GP2, Park Terrace, Woodbridge, IP12 1GP
- Sold Mar 2003£266,000 | 4 Bed House2, Park Terrace, Woodbridge, IP12 1GP2, Park Terrace, Woodbridge, IP12 1GP
- Sold Jan 2000£165,000 | 4 Bed House4, Park Terrace, Woodbridge, IP12 1GP4, Park Terrace, Woodbridge, IP12 1GP
Top 3 Most Expensive Sales
- Sold Dec 2016£400,000 | 5 Bed House3, Park Terrace, Woodbridge, IP12 1GP3, Park Terrace, Woodbridge, IP12 1GP
- Sold Sep 2006£313,000 | 4 Bed House1, Park Terrace, Woodbridge, IP12 1GP1, Park Terrace, Woodbridge, IP12 1GP
- Sold Jul 2006£295,000 | 4 Bed House2, Park Terrace, Woodbridge, IP12 1GP2, Park Terrace, Woodbridge, IP12 1GP
Nearby Streets
Park Terrace, Melton, Woodbridge, IP12 is the 122nd largest and the 422nd most expensive street in the IP12 area.
- Burrows Road, Melton, Woodbridge, IP1211 Addresses|74 m away
- Calder Road, Melton, Woodbridge, IP1231 Addresses|144 m away
- St. Audrys Park Road, Melton, Woodbridge, IP1231 Addresses|173 m away
- Clements Road, Melton, Woodbridge, IP1238 Addresses|186 m away
- South Close, Melton, Woodbridge, IP128 Addresses|202 m away
- Rixon Crescent, Melton, Woodbridge, IP1211 Addresses|259 m away
Property Types
- 3 modern houses built after 1980
- 2 other addresses of unknown type
- modern house (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (2)
Schools Nearby
- Melton Primary School1.4 km away
- Woodbridge Primary School2.3 km away
- St Mary's Church of England Primary School, Woodbridge3.1 km away
- Farlingaye High School2.8 km away
- Kesgrave High School8.3 km away
- St Alban's Catholic High School11.0 km away
More reading links
Public Transport Nearby
The closest station to Park Terrace, Melton, Woodbridge, IP12 - IP12 1GP is Melton (Suffolk) station, which is 1.4 kilometres away.
- Melton (Suffolk)|1.4 km away
- Woodbridge|3.1 km away
- Wickham Market|5.8 km away
