IP12 1NZ is a residential postcode situated on Melton Road, Melton, Woodbridge, IP12 with 2 addresses.
It ranks as the 100th largest and 440th most expensive of the 963 postcodes in the IP12 area.
The postcode contains a total of 2 properties: 1 house and 1 flat.
IP12 1NZ is a residential postcode situated on Melton Road, Melton, Woodbridge, IP12 with 2 addresses.
It ranks as the 100th largest and 440th most expensive of the 963 postcodes in the IP12 area.
The postcode contains a total of 2 properties: 1 house and 1 flat.
Sale prices range from £263,756 for 3 bedroom Leasehold flats (850 ft2) to £496,523 for 4 bedroom freehold houses with a garden (1,323 ft2) .
Monthly rental prices range from £1,217 pcm for 3 bed flats to £1,680 pcm for 4 bed houses.
The gross rental yield is between 4.1% and 5.5%.
The average value per square foot is £343.
The last sale in IP12 1NZ sold for £250,000 on 22nd February 2012. Since then prices are up an average of 51.5%.
The current average value in the postcode is £380,140.
The IP12 1NZ Sales Market has increased by 19.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.2% | £380,140 |
| April 2025 | 1.4% | £400,857 |
| April 2024 | -3.3% | £395,242 |
| April 2023 | 1.4% | £408,673 |
| April 2022 | 7.8% | £403,166 |
| April 2021 | 5.3% | £373,832 |
| April 2020 | 0.3% | £355,050 |
| April 2019 | 1.2% | £353,896 |
| April 2018 | 7.2% | £349,534 |
| April 2017 | 2.7% | £326,005 |
| April 2016 | 6.5% | £317,530 |
| April 2015 | 6.6% | £298,072 |
| April 2014 | 6.6% | £279,633 |
| April 2013 | 4.4% | £262,339 |
| April 2012 | -0.6% | £251,395 |
| April 2011 | -1.4% | £252,877 |
| April 2010 | 2.6% | £256,444 |
| April 2009 | -2.8% | £250,031 |
| April 2008 | 4.9% | £257,340 |
| April 2007 | 0% | £245,318 |
The current average rental value in the postcode is £1,448.
The IP12 1NZ Rental Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £1,448pcm |
| April 2025 | 5.5% | £1,428pcm |
| April 2024 | 5.7% | £1,354pcm |
| April 2023 | 6.1% | £1,281pcm |
| April 2022 | 8% | £1,207pcm |
| April 2021 | 3.6% | £1,117pcm |
| April 2020 | 3.5% | £1,079pcm |
| April 2019 | 0% | £1,042pcm |
| April 2018 | 1.5% | £1,042pcm |
| April 2017 | 2% | £1,026pcm |
| April 2016 | 5.1% | £1,006pcm |
| April 2015 | 3.2% | £958pcm |
| April 2014 | 4% | £929pcm |
| April 2013 | 5.9% | £893pcm |
| April 2012 | 3.4% | £844pcm |
| April 2011 | 3.2% | £816pcm |
| April 2010 | 0.8% | £791pcm |
| April 2009 | -7.9% | £784pcm |
| April 2008 | 3.6% | £851pcm |
| April 2007 | 0% | £822pcm |
The last sale was on 22nd February 2012 for £250,000 and since then the market in the area has increased by 51.5%. The postcode has had a total of 2 sales since 1995.
IP12 1NZ has seen no sales in the last three years and no sales in the last twelve months.
IP12 1NZ is the 100th largest and the 440th most expensive postcode out of the 963 postcodes in the IP12 area.
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The closest station to IP12 1NZ is Melton (Suffolk) station which is 800 metres away.
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