Red House Lane - IP16 4LR
Key Postcode Insights
IP16 4LR is a residential postcode situated on Red House Lane, Leiston, IP16 with 11 addresses.
It ranks as the 246th largest and 216th most expensive of the 454 postcodes in the IP16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £362,495
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,503pcm
- 10 Year change
- up 66.7%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
IP16 4LR is a residential postcode situated on Red House Lane, Leiston, IP16 with 11 addresses.
It ranks as the 246th largest and 216th most expensive of the 454 postcodes in the IP16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £362,495
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,503pcm
- 10 Year change
- up 66.7%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin IP16 4LR
- Grimseys Barn
House
- Nettus
4 Bed Modern House
- The Red House
House
- 20 Red House Lane
3 Bed Modern House
- 22 Red House Lane
3 Bed Modern House
Sales Market Trends
The last sale in IP16 4LR sold for £355,000 on 31st March 2023. Since then prices are down an average of 4.9%.
The current average value in the postcode is £362,495.
The IP16 4LR Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £362,495 |
| June 2025 | -0.8% | £373,245 |
| June 2024 | -3.3% | £376,100 |
| June 2023 | 0.8% | £388,966 |
| June 2022 | 9.8% | £386,013 |
| June 2021 | 9% | £351,482 |
| June 2020 | 2.6% | £322,371 |
| June 2019 | 0.1% | £314,270 |
| June 2018 | 6.9% | £313,924 |
| June 2017 | 5% | £293,684 |
| June 2016 | 7.2% | £279,570 |
| June 2015 | 1.6% | £260,864 |
| June 2014 | 0.9% | £256,863 |
| June 2013 | 4.3% | £254,688 |
| June 2012 | -1.9% | £244,214 |
| June 2011 | 1.3% | £248,848 |
| June 2010 | 10% | £245,661 |
| June 2009 | -8.3% | £223,395 |
| June 2008 | 1.8% | £243,599 |
| June 2007 | 0% | £239,333 |
Rental Market Trends
The current average rental value in the postcode is £1,503.
The IP16 4LR Rental Market has increased by 66.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,503pcm |
| June 2025 | 11.6% | £1,454pcm |
| June 2024 | 3.9% | £1,303pcm |
| June 2023 | 7.2% | £1,254pcm |
| June 2022 | 11.3% | £1,170pcm |
| June 2021 | 4.6% | £1,051pcm |
| June 2020 | 3.9% | £1,005pcm |
| June 2019 | 1.8% | £967pcm |
| June 2018 | -0.1% | £950pcm |
| June 2017 | 5.6% | £952pcm |
| June 2016 | 4.7% | £901pcm |
| June 2015 | 5.4% | £861pcm |
| June 2014 | 3.4% | £817pcm |
| June 2013 | -0.8% | £790pcm |
| June 2012 | 3.1% | £796pcm |
| June 2011 | 0.7% | £772pcm |
| June 2010 | 0.8% | £767pcm |
| June 2009 | -2.8% | £760pcm |
| June 2008 | -2.1% | £782pcm |
| June 2007 | 0% | £799pcm |
Sales History
The last sale was on 31st March 2023 for £355,000 and since then the market in the area has decreased by 4.9%. The postcode has had a total of 6 sales since 1995.
IP16 4LR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£355,000 | 3 Bed House22, Red House Lane, Leiston, IP16 4LR22, Red House Lane, Leiston, IP16 4LR
- Sold Nov 2022£520,000 | 4 Bed House26, Red House Lane, Leiston, IP16 4LR26, Red House Lane, Leiston, IP16 4LR
- Sold Feb 2020£343,000 | 4 Bed House26, Red House Lane, Leiston, IP16 4LR26, Red House Lane, Leiston, IP16 4LR
- Sold Nov 2019£268,000 | 3 Bed House22, Red House Lane, Leiston, IP16 4LR22, 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
Nearby Postcodes
IP16 4LR is the 246th largest and the 216th most expensive postcode out of the 454 postcodes in the IP16 area.
- IP16 4WQ, Perrett Way, Leiston, IP16IP16 4WQ11 Addresses|63 m away
- IP16 4LQ, Red House Lane, Leiston, IP16IP16 4LQ12 Addresses|76 m away
- IP16 4UT, Foxglove End, Leiston, IP16IP16 4UT40 Addresses|91 m away
- IP16 4LA, Red House Lane, Leiston, IP16IP16 4LA8 Addresses|99 m away
- IP16 4LG, Garrett Crescent, Leiston, IP16IP16 4LG25 Addresses|123 m away
Property Types
- 9 modern houses built after 1980
- 2 other addresses of unknown type
- modern house (9)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (7)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (2)
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 School500 m away
- Coldfair Green Community Primary School1.8 km away
- Aldeburgh Primary School5.8 km away
- Alde Valley Academy300 m away
- Thomas Mills High School & Sixth Form17.6 km away
- Farlingaye High School22.1 km away
More reading links
Public Transport Nearby
The closest station to IP16 4LR is Saxmundham station, which is 6.5 kilometres away.
- Saxmundham|6.5 km away
- Darsham|9.0 km away
- Wickham Market|13.8 km away
- Halesworth|17.0 km away
