IP12 1QY is a residential postcode situated on Godfreys Wood, Melton, Woodbridge, IP12 with 15 addresses.
It ranks as the 655th largest and 900th most expensive of the 963 postcodes in the IP12 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 15 houses.
IP12 1QY is a residential postcode situated on Godfreys Wood, Melton, Woodbridge, IP12 with 15 addresses.
It ranks as the 655th largest and 900th most expensive of the 963 postcodes in the IP12 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 15 houses.
Sale prices range from £642,691 for 4 bedroom freehold houses with a garden (1,377 ft2) to £955,337 for 4 bedroom freehold houses with a garden (1,954 ft2) .
Monthly rental prices range from £1,882 pcm for 4 bed houses to £2,658 pcm for 4 bed houses.
The gross rental yield is between 3.3% and 3.5%.
The average value per square foot is £405.
The last sale in IP12 1QY sold for £799,000 on 15th July 2025. Since then prices are down an average of 5.7%.
The current average value in the postcode is £758,648.
The IP12 1QY Sales Market has increased by 26.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.5% | £758,648 |
| April 2025 | 2% | £802,480 |
| April 2024 | -4.2% | £786,643 |
| April 2023 | 2.2% | £821,440 |
| April 2022 | 9.4% | £803,533 |
| April 2021 | 6.9% | £734,614 |
| April 2020 | 1.2% | £687,336 |
| April 2019 | 1.3% | £679,359 |
| April 2018 | 7.2% | £670,871 |
| April 2017 | 4.7% | £625,966 |
| April 2016 | 7.6% | £597,851 |
| April 2015 | 7% | £555,691 |
| April 2014 | 6.6% | £519,176 |
| April 2013 | 5.5% | £486,828 |
| April 2012 | 0.4% | £461,401 |
| April 2011 | -1.2% | £459,547 |
| April 2010 | 3.3% | £465,178 |
| April 2009 | -1.9% | £450,345 |
| April 2008 | 4.2% | £459,085 |
| April 2007 | 0% | £440,588 |
The current average rental value in the postcode is £2,133.
The IP12 1QY Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £2,133pcm |
| April 2025 | 6.1% | £2,109pcm |
| April 2024 | 4.7% | £1,988pcm |
| April 2023 | 7% | £1,899pcm |
| April 2022 | 9.5% | £1,775pcm |
| April 2021 | 5.2% | £1,620pcm |
| April 2020 | 4.4% | £1,541pcm |
| April 2019 | 0% | £1,476pcm |
| April 2018 | 1.5% | £1,475pcm |
| April 2017 | 4% | £1,454pcm |
| April 2016 | 6.1% | £1,398pcm |
| April 2015 | 3.6% | £1,317pcm |
| April 2014 | 4% | £1,272pcm |
| April 2013 | 7% | £1,222pcm |
| April 2012 | 4.4% | £1,142pcm |
| April 2011 | 3.4% | £1,094pcm |
| April 2010 | 1.6% | £1,058pcm |
| April 2009 | -7% | £1,042pcm |
| April 2008 | 2.9% | £1,120pcm |
| April 2007 | 0% | £1,089pcm |
The last sale was on 15th July 2025 for £799,000 and since then the market in the area has decreased by 5.7%. The postcode has had a total of 30 sales since 1995.
IP12 1QY has seen 1 sale in the last three years and 1 sale in the last twelve months.
IP12 1QY is the 655th largest and the 900th most expensive postcode out of the 963 postcodes in the IP12 area.
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The closest station to IP12 1QY is Woodbridge station which is 1.2 kilometres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around IP12 1QY, 62.5% of property is privately owned outright and 26.3% is privately owned with a mortgage.
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 1QY, 17.3% of residents are recorded as possessing school level qualifications and 60.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around IP12 1QY, the average age was 47.2 and the most common age was 72.
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 1QY, 0.8% 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 1QY, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.