IP12 2PB is a residential postcode situated on Brick Kiln Lane, Melton, Woodbridge, IP12 with 6 addresses.
It ranks as the 381st largest and 763rd 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 6 properties: 5 houses and 1 flat.
IP12 2PB is a residential postcode situated on Brick Kiln Lane, Melton, Woodbridge, IP12 with 6 addresses.
It ranks as the 381st largest and 763rd 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 6 properties: 5 houses and 1 flat.
Sale prices range from £263,756 for 3 bedroom Leasehold flats (1,033 ft2) to £680,853 for 4 bedroom freehold houses with a garden (1,700 ft2) .
Monthly rental prices range from £1,217 pcm for 3 bed flats to £1,894 pcm for 4 bed houses.
The gross rental yield is between 3.3% and 5.5%.
The average value per square foot is £400.
The last sale in IP12 2PB sold for £110,000 on 3rd March 2005. Since then prices are down an average of 0.0%.
The current average value in the postcode is £551,996.
The IP12 2PB Sales Market has increased by 22.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.5% | £551,996 |
| April 2025 | 2.2% | £577,961 |
| April 2024 | -3.7% | £565,418 |
| April 2023 | 1.5% | £587,263 |
| April 2022 | 8.5% | £578,814 |
| April 2021 | 5.4% | £533,670 |
| April 2020 | -0.1% | £506,553 |
| April 2019 | 1.4% | £507,136 |
| April 2018 | 7.6% | £500,245 |
| April 2017 | 3.6% | £465,066 |
| April 2016 | 7.4% | £449,096 |
| April 2015 | 7.1% | £418,229 |
| April 2014 | 7.2% | £390,530 |
| April 2013 | 3.3% | £364,348 |
| April 2012 | -0.9% | £352,548 |
| April 2011 | -1.4% | £355,639 |
| April 2010 | 3% | £360,700 |
| April 2009 | -3.6% | £350,129 |
| April 2008 | 4.6% | £363,280 |
| April 2007 | 0% | £347,396 |
The current average rental value in the postcode is £1,698.
The IP12 2PB Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,698pcm |
| April 2025 | 6.3% | £1,662pcm |
| April 2024 | 5.2% | £1,563pcm |
| April 2023 | 6.2% | £1,485pcm |
| April 2022 | 8.6% | £1,399pcm |
| April 2021 | 3.7% | £1,288pcm |
| April 2020 | 3.1% | £1,242pcm |
| April 2019 | 0.1% | £1,205pcm |
| April 2018 | 1.8% | £1,203pcm |
| April 2017 | 2.8% | £1,182pcm |
| April 2016 | 5.9% | £1,149pcm |
| April 2015 | 3.6% | £1,085pcm |
| April 2014 | 4.6% | £1,047pcm |
| April 2013 | 4.8% | £1,001pcm |
| April 2012 | 3.1% | £955pcm |
| April 2011 | 3.2% | £926pcm |
| April 2010 | 1.3% | £898pcm |
| April 2009 | -8.6% | £886pcm |
| April 2008 | 3.2% | £970pcm |
| April 2007 | 0% | £939pcm |
The last sale was on 3rd March 2005 for £110,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
IP12 2PB has seen no sales in the last three years and no sales in the last twelve months.
IP12 2PB is the 381st largest and the 763rd most expensive postcode out of the 963 postcodes in the IP12 area.
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The closest station to IP12 2PB is Melton (Suffolk) station which is 400 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 2PB, 54.7% of property is socially rented and 20.7% is privately owned outright.
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 2PB, 21.0% of residents are recorded as possessing school level qualifications and 18.8% 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 2PB, 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 2PB, 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 2PB, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.