Mill Hill - IP16 4PZ
Key Postcode Insights
IP16 4PZ is a residential postcode situated on Mill Hill, Aldringham, Leiston, IP16 with 24 addresses.
It ranks as the 373rd largest and 260th most expensive of the 454 postcodes in the IP16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £431,896
- 10 Year change
- up 28.5%
- Ave. Rental Price
- £1,596pcm
- 10 Year change
- up 65.3%
- Ave. £ per ft²
- £338/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
IP16 4PZ is a residential postcode situated on Mill Hill, Aldringham, Leiston, IP16 with 24 addresses.
It ranks as the 373rd largest and 260th most expensive of the 454 postcodes in the IP16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £431,896
- 10 Year change
- up 28.5%
- Ave. Rental Price
- £1,596pcm
- 10 Year change
- up 65.3%
- Ave. £ per ft²
- £338/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin IP16 4PZ
- 3 Mill Hill Cottages Mill Hill
4 Bed Period House
- 4 Mill Hill Cottages Mill Hill
3 Bed Period House
- Alde House
5 Bed Mid-century House
- Aldston
5 Bed Mid-century House
- Black Cottage
3 Bed Period House
Sales Market Trends
The last sale in IP16 4PZ sold for £475,000 on 20th March 2026. Since then prices are up an average of 1.5%.
The current average value in the postcode is £431,896.
The IP16 4PZ Sales Market has increased by 28.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £431,896 |
| June 2025 | -1.1% | £449,737 |
| June 2024 | -3.5% | £454,838 |
| June 2023 | 1.3% | £471,382 |
| June 2022 | 9.5% | £465,262 |
| June 2021 | 9.7% | £424,971 |
| June 2020 | 3.5% | £387,529 |
| June 2019 | -0.1% | £374,511 |
| June 2018 | 6.1% | £374,851 |
| June 2017 | 5.1% | £353,187 |
| June 2016 | 6.8% | £336,202 |
| June 2015 | 1.4% | £314,797 |
| June 2014 | 0.1% | £310,529 |
| June 2013 | 4.1% | £310,299 |
| June 2012 | -1.7% | £298,157 |
| June 2011 | 2.5% | £303,456 |
| June 2010 | 10.7% | £296,136 |
| June 2009 | -6.7% | £267,521 |
| June 2008 | 2.7% | £286,640 |
| June 2007 | 0% | £279,053 |
Rental Market Trends
The current average rental value in the postcode is £1,596.
The IP16 4PZ Rental Market has increased by 65.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,596pcm |
| June 2025 | 11% | £1,562pcm |
| June 2024 | 3.9% | £1,406pcm |
| June 2023 | 7.8% | £1,354pcm |
| June 2022 | 10.9% | £1,255pcm |
| June 2021 | 5.1% | £1,132pcm |
| June 2020 | 4.8% | £1,078pcm |
| June 2019 | 1.5% | £1,028pcm |
| June 2018 | -0.6% | £1,013pcm |
| June 2017 | 5.6% | £1,019pcm |
| June 2016 | 4.4% | £965pcm |
| June 2015 | 5% | £925pcm |
| June 2014 | 2.4% | £881pcm |
| June 2013 | -0.7% | £860pcm |
| June 2012 | 3% | £866pcm |
| June 2011 | 1.8% | £841pcm |
| June 2010 | 1.7% | £827pcm |
| June 2009 | -1% | £813pcm |
| June 2008 | -1.2% | £821pcm |
| June 2007 | 0% | £831pcm |
Sales History
The last sale was on 20th March 2026 for £475,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 35 sales since 1995.
IP16 4PZ has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£475,000 | 4 Bed HouseSevenbroomes, Mill Hill, Leiston, IP16 4PZSevenbroomes, Mill Hill, Leiston, IP16 4PZ
- Sold Nov 2023£620,000 | 5 Bed HouseAldston, Mill Hill, Leiston, IP16 4PZAldston, Mill Hill, Leiston, IP16 4PZ
- Sold May 2022£480,000 | 3 Bed HouseBriar Dene, Mill Hill, Leiston, IP16 4PZBriar Dene, Mill Hill, Leiston, IP16 4PZ
- Sold Oct 2021£402,500 | 4 Bed House3 Mill Hill Cottages, Mill Hill, Leiston, IP16 4PZ3 Mill Hill Cottages, Mill Hill, Leiston, IP16 4PZ
- Sold May 2021£475,000 | 3 Bed HouseBriar Dene, Mill Hill, Leiston, IP16 4PZBriar Dene, Mill Hill, Leiston, IP16 4PZ
Nearby Postcodes
IP16 4PZ is the 373rd largest and the 260th most expensive postcode out of the 454 postcodes in the IP16 area.
- IP16 4QB, Mill Hill Estate, Aldringham, Leiston, IP16IP16 4QB20 Addresses|54 m away
- IP16 4QA, Mill Hill, Aldringham, Leiston, IP16IP16 4QA2 Addresses|63 m away
- IP16 4QD, Mill Hill, Aldringham, Leiston, IP16IP16 4QD1 Addresses|117 m away
- IP16 4QE, West Hill, Aldringham, Leiston, IP16IP16 4QE8 Addresses|127 m away
- IP16 4WH, Meadow Rise, Aldringham, Leiston, IP16IP16 4WH5 Addresses|176 m away
Property Types
- 6 period houses built between 1800 and 1911
- 3 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 7 other addresses of unknown type
- period house (6)
- modern house (3)
- mid-century house (6)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (0)
- C (6)
- G (0)
- D (5)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Mar 2021£722,500 | 5 Bed HouseLongcroft, Mill Hill, Leiston, IP16 4PZLongcroft, Mill Hill, Leiston, IP16 4PZ
- Sold Nov 2023£620,000 | 5 Bed HouseAldston, Mill Hill, Leiston, IP16 4PZAldston, Mill Hill, Leiston, IP16 4PZ
- Sold Sep 2008£495,000 | 5 Bed HouseLongcroft, Mill Hill, Leiston, IP16 4PZLongcroft, Mill Hill, Leiston, IP16 4PZ
Schools Nearby
- Coldfair Green Community Primary School800 m away
- Leiston Primary School1.7 km away
- Aldeburgh Primary School4.9 km away
- Alde Valley Academy1.5 km away
- Thomas Mills High School & Sixth Form17.3 km away
- Farlingaye High School21.1 km away
More reading links
Public Transport Nearby
The closest station to IP16 4PZ is Saxmundham station, which is 6.3 kilometres away.
- Saxmundham|6.3 km away
- Darsham|9.7 km away
- Wickham Market|12.8 km away
- Halesworth|17.9 km away
