Red House Lane - IP16 4LQ
Key Postcode Insights
IP16 4LQ is a residential postcode situated on Red House Lane, Leiston, IP16 with 12 addresses.
It ranks as the 264th largest of the 454 postcodes in the IP16 area.
The postcode contains a total of 12 properties: 5 houses and 7 other properties.
- Ave. Sale Price
- £268,602
- 10 Year change
- up 30.0%
- Ave. Rental Price
- £1,312pcm
- 10 Year change
- up 67.2%
- Ave. £ per ft²
- £322/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
IP16 4LQ is a residential postcode situated on Red House Lane, Leiston, IP16 with 12 addresses.
It ranks as the 264th largest of the 454 postcodes in the IP16 area.
The postcode contains a total of 12 properties: 5 houses and 7 other properties.
- Ave. Sale Price
- £268,602
- 10 Year change
- up 30.0%
- Ave. Rental Price
- £1,312pcm
- 10 Year change
- up 67.2%
- Ave. £ per ft²
- £322/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties in IP16 4LQ
- 29 Red House Lane
House
- 31 Red House Lane
House
- 33 Red House Lane
3 Bed Mid-century House
- 35 Red House Lane
3 Bed Mid-century House
- 37 Red House Lane
House
Sales Market Trends
The last sale in IP16 4LQ sold for £295,000 on 15th February 2023. Since then prices are down an average of 4.2%.
The current average value in the postcode is £268,602.
The IP16 4LQ Sales Market has increased by 30.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £268,602 |
| June 2025 | -0.6% | £275,522 |
| June 2024 | -3.3% | £277,204 |
| June 2023 | 0.5% | £286,701 |
| June 2022 | 10.2% | £285,285 |
| June 2021 | 8.9% | £258,977 |
| June 2020 | 2.5% | £237,802 |
| June 2019 | 0.1% | £231,997 |
| June 2018 | 6.8% | £231,659 |
| June 2017 | 5% | £216,918 |
| June 2016 | 7.2% | £206,548 |
| June 2015 | 1.8% | £192,713 |
| June 2014 | 1.2% | £189,240 |
| June 2013 | 4.3% | £186,990 |
| June 2012 | -1.7% | £179,306 |
| June 2011 | 0.8% | £182,468 |
| June 2010 | 9.4% | £181,025 |
| June 2009 | -8.9% | £165,406 |
| June 2008 | 1.1% | £181,550 |
| June 2007 | 0% | £179,578 |
Rental Market Trends
The current average rental value in the postcode is £1,312.
The IP16 4LQ Rental Market has increased by 67.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,312pcm |
| June 2025 | 11.8% | £1,265pcm |
| June 2024 | 3.9% | £1,132pcm |
| June 2023 | 7% | £1,090pcm |
| June 2022 | 11.6% | £1,019pcm |
| June 2021 | 4.4% | £913pcm |
| June 2020 | 3.8% | £874pcm |
| June 2019 | 1.8% | £842pcm |
| June 2018 | -0.2% | £827pcm |
| June 2017 | 5.6% | £829pcm |
| June 2016 | 4.7% | £785pcm |
| June 2015 | 5.7% | £749pcm |
| June 2014 | 3.8% | £709pcm |
| June 2013 | -0.8% | £683pcm |
| June 2012 | 3.3% | £689pcm |
| June 2011 | 0.2% | £667pcm |
| June 2010 | 0.3% | £666pcm |
| June 2009 | -3.4% | £664pcm |
| June 2008 | -2.8% | £687pcm |
| June 2007 | 0% | £707pcm |
Sales History
The last recorded sale was on 15th February 2023 for £295,000 and since then the market in the area has decreased by 4.2%.
IP16 4LQ has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Feb 2023£295,000 | 3 Bed House35, Red House Lane, Leiston, IP16 4LQ35, Red House Lane, Leiston, IP16 4LQ
- Sold Feb 2018£205,000 | 3 Bed House35, Red House Lane, Leiston, IP16 4LQ35, Red House Lane, Leiston, IP16 4LQ
- Sold Jan 2018£182,000 | 3 Bed House33, Red House Lane, Leiston, IP16 4LQ33, Red House Lane, Leiston, IP16 4LQ
Nearby Postcodes
IP16 4LQ is the 264th largest and the 144th most expensive postcode out of the 454 postcodes in the IP16 area.
- IP16 4WQ, Perrett Way, Leiston, IP16IP16 4WQ11 Addresses|67 m away
- IP16 4LR, Red House Lane, Leiston, IP16IP16 4LR11 Addresses|76 m away
- IP16 4LH, Quakers Way, Leiston, IP16IP16 4LH36 Addresses|83 m away
- IP16 4WR, Howard Drive, Leiston, IP16IP16 4WR25 Addresses|87 m away
- IP16 4LG, Garrett Crescent, Leiston, IP16IP16 4LG25 Addresses|124 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Nov 2022£520,000 | 4 Bed House26, Red House Lane, Leiston, IP16 4LR26, Red House Lane, Leiston, IP16 4LR
- Sold May 2019£417,000 | 4 Bed House24, Red House Lane, Leiston, IP16 4LR24, Red House Lane, Leiston, IP16 4LR
- Sold Mar 2014£365,000 | 4 Bed HouseBryn Bank, Red House Lane, Leiston, IP16 4LSBryn Bank, Red House Lane, Leiston, IP16 4LS
Schools Nearby
- Leiston Primary School400 m away
- Coldfair Green Community Primary School1.9 km away
- Aldeburgh Primary School5.8 km away
- Alde Valley Academy200 m away
- Thomas Mills High School & Sixth Form17.7 km away
- Farlingaye High School22.2 km away
More reading links
Public Transport Nearby
The closest station to IP16 4LQ is Saxmundham station, which is 6.6 kilometres away.
- Saxmundham|6.6 km away
- Darsham|9.0 km away
- Wickham Market|13.8 km away
- Halesworth|17.0 km away