Melton, Woodbridge - IP12 1LU
Key Postcode Insights
IP12 1LU is a residential postcode situated on Melton, Woodbridge, IP12 with 5 addresses.
It ranks as the 312th largest and 226th most expensive of the 963 postcodes in the IP12 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 2 houses and 3 flats.
- Ave. Sale Price
- £358,337
- 10 Year change
- up 25.9%
- Ave. Rental Price
- £1,430pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £291/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
IP12 1LU is a residential postcode situated on Melton, Woodbridge, IP12 with 5 addresses.
It ranks as the 312th largest and 226th most expensive of the 963 postcodes in the IP12 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 2 houses and 3 flats.
- Ave. Sale Price
- £358,337
- 10 Year change
- up 25.9%
- Ave. Rental Price
- £1,430pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £291/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin IP12 1LU
- Gardeners Cottage
Unknown
- Melton Lodge
Building | 3 Flats
- The Grooms Flat
3 Bed Period Flat
Sales Market Trends
The last sale in IP12 1LU sold for £7,000,000 on 6th March 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £358,337.
The IP12 1LU Sales Market has increased by 25.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.3% | £358,337 |
| June 2025 | 1.5% | £374,484 |
| June 2024 | -2.9% | £368,829 |
| June 2023 | -0.7% | £379,915 |
| June 2022 | 10.5% | £382,717 |
| June 2021 | 8% | £346,390 |
| June 2020 | 1.5% | £320,689 |
| June 2019 | -0.3% | £315,879 |
| June 2018 | 6.4% | £316,706 |
| June 2017 | 4.6% | £297,723 |
| June 2016 | 9.5% | £284,729 |
| June 2015 | 7.9% | £259,932 |
| June 2014 | 4% | £240,965 |
| June 2013 | 3.5% | £231,727 |
| June 2012 | -3.2% | £223,927 |
| June 2011 | 2.1% | £231,400 |
| June 2010 | 6.7% | £226,599 |
| June 2009 | -2.4% | £212,305 |
| June 2008 | 2.6% | £217,433 |
| June 2007 | 0% | £212,016 |
Rental Market Trends
The current average rental value in the postcode is £1,430.
The IP12 1LU Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,430pcm |
| June 2025 | 6.1% | £1,403pcm |
| June 2024 | 4.5% | £1,323pcm |
| June 2023 | 6.5% | £1,266pcm |
| June 2022 | 10% | £1,189pcm |
| June 2021 | 5.5% | £1,081pcm |
| June 2020 | 4.2% | £1,024pcm |
| June 2019 | 0.3% | £982pcm |
| June 2018 | 1.8% | £979pcm |
| June 2017 | 3.5% | £962pcm |
| June 2016 | 5.8% | £929pcm |
| June 2015 | 4.9% | £878pcm |
| June 2014 | 4% | £837pcm |
| June 2013 | 2.6% | £805pcm |
| June 2012 | 3.7% | £785pcm |
| June 2011 | 4.2% | £757pcm |
| June 2010 | 4.6% | £726pcm |
| June 2009 | -6.8% | £695pcm |
| June 2008 | 1.4% | £745pcm |
| June 2007 | 0% | £735pcm |
Sales History
The last sale was on 6th March 2023 for £7,000,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
IP12 1LU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£7,000,000 | 5 Bed HouseMelton Lodge, Woodbridge, IP12 1LUMelton Lodge, Woodbridge, IP12 1LU
- Sold Jun 1996£80,000 | 3 Bed HouseThe Gate House, Melton Lodge, Woodbridge, IP12 1LUThe Gate House, Melton Lodge, Woodbridge, IP12 1LU
- Sold Jul 1995£570,000 | 5 Bed HouseMelton Lodge, Woodbridge, IP12 1LUMelton Lodge, Woodbridge, IP12 1LU
Nearby Postcodes
IP12 1LU is the 312th largest and the 226th most expensive postcode out of the 963 postcodes in the IP12 area.
- IP12 1LX, Lodge Farm Lane, Melton, Woodbridge, IP12IP12 1LX4 Addresses|160 m away
- IP12 1LY, Lodge Farm Lane, Melton, Woodbridge, IP12IP12 1LY3 Addresses|230 m away
- IP12 1QF, Yarmouth Road, Melton, Woodbridge, IP12IP12 1QF8 Addresses|250 m away
- IP12 1QP, St. Audrys Lane, Melton, Woodbridge, IP12IP12 1QP6 Addresses|264 m away
- IP12 1LZ, Melton, Woodbridge, IP12IP12 1LZ5 Addresses|290 m away
Property Types
- 4 period houses built between 1800 and 1911
- 1 other address of unknown type
- period house (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2023£7,000,000 | 5 Bed HouseMelton Lodge, Woodbridge, IP12 1LUMelton Lodge, Woodbridge, IP12 1LU
- Sold Feb 2016£580,000 | 4 Bed HouseJarvis Cottage, Woodbridge, IP12 1NAJarvis Cottage, Woodbridge, IP12 1NA
- Sold Jul 1995£570,000 | 5 Bed HouseMelton Lodge, Woodbridge, IP12 1LUMelton Lodge, Woodbridge, IP12 1LU
Schools Nearby
- Melton Primary School700 m away
- Woodbridge Primary School1.6 km away
- St Mary's Church of England Primary School, Woodbridge2.4 km away
- Farlingaye High School2.2 km away
- Kesgrave High School7.7 km away
- St Alban's Catholic High School10.4 km away
More reading links
Public Transport Nearby
The closest station to IP12 1LU is Melton (Suffolk) station, which is 800 metres away.
- Melton (Suffolk)|800 m away
- Woodbridge|2.4 km away
- Wickham Market|6.4 km away
- Westerfield|11.8 km away