IP17 1HP is a residential postcode situated on Sandy Lane, Sternfield, Saxmundham, IP17 with 3 addresses.
It ranks as the 171st largest and 314th most expensive of the 715 postcodes in the IP17 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
IP17 1HP is a residential postcode situated on Sandy Lane, Sternfield, Saxmundham, IP17 with 3 addresses.
It ranks as the 171st largest and 314th most expensive of the 715 postcodes in the IP17 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
Sale prices range from £297,137 for 3 bedroom freehold houses with a garden (731 ft2) to £385,053 for 3 bedroom freehold houses with a garden (1,194 ft2) .
Monthly rental prices range from £1,295 pcm for 3 bed houses to £1,481 pcm for 3 bed houses.
The gross rental yield is between 4.6% and 5.2%.
The average value per square foot is £375.
The last sale in IP17 1HP sold for £395,000 on 10th August 2022. Since then prices are down an average of 12.5%.
The current average value in the postcode is £340,518.
The IP17 1HP Sales Market has increased by 26.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.1% | £340,518 |
| April 2025 | -0.2% | £358,783 |
| April 2024 | -8.2% | £359,387 |
| April 2023 | 5.4% | £391,531 |
| April 2022 | 12.6% | £371,388 |
| April 2021 | 8.2% | £329,879 |
| April 2020 | 1% | £304,766 |
| April 2019 | 3.2% | £301,767 |
| April 2018 | 2.3% | £292,497 |
| April 2017 | 6.1% | £285,898 |
| April 2016 | 4% | £269,365 |
| April 2015 | 5.7% | £259,090 |
| April 2014 | 3.2% | £245,123 |
| April 2013 | 0.5% | £237,423 |
| April 2012 | 5.1% | £236,255 |
| April 2011 | 1.6% | £224,739 |
| April 2010 | 6.1% | £221,278 |
| April 2009 | -11.9% | £208,536 |
| April 2008 | 5.6% | £236,689 |
| April 2007 | 0% | £224,172 |
The current average rental value in the postcode is £1,397.
The IP17 1HP Rental Market has increased by 64.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,397pcm |
| April 2025 | 9.4% | £1,363pcm |
| April 2024 | 5.4% | £1,246pcm |
| April 2023 | 7.5% | £1,182pcm |
| April 2022 | 11.4% | £1,100pcm |
| April 2021 | 4.6% | £988pcm |
| April 2020 | 3.5% | £945pcm |
| April 2019 | 0.2% | £913pcm |
| April 2018 | 1% | £911pcm |
| April 2017 | 6.1% | £902pcm |
| April 2016 | 5.2% | £850pcm |
| April 2015 | 6.4% | £809pcm |
| April 2014 | 1.3% | £760pcm |
| April 2013 | 2.2% | £750pcm |
| April 2012 | 1.9% | £734pcm |
| April 2011 | 1.7% | £720pcm |
| April 2010 | -1.3% | £708pcm |
| April 2009 | -3.2% | £717pcm |
| April 2008 | -0.3% | £741pcm |
| April 2007 | 0% | £743pcm |
The last sale was on 10th August 2022 for £395,000 and since then the market in the area has decreased by 12.5%. The postcode has had a total of 2 sales since 1995.
IP17 1HP has seen no sales in the last three years and no sales in the last twelve months.
IP17 1HP is the 171st largest and the 314th most expensive postcode out of the 715 postcodes in the IP17 area.
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The closest station to IP17 1HP is Saxmundham station which is 2.1 kilometres away.
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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 IP17 1HP, 66.7% of property is privately owned outright and 15.7% 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 IP17 1HP, 5.0% of residents are recorded as possessing school level qualifications and 43.4% 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 IP17 1HP, the average age was 46.7 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 IP17 1HP, 1.9% 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 IP17 1HP, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.