IP18 6LT is a residential postcode situated on North Parade, Southwold, IP18 with 21 addresses.
It ranks as the 243rd largest and 284th most expensive of the 287 postcodes in the IP18 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 21 properties: 11 houses and 10 flats.
IP18 6LT is a residential postcode situated on North Parade, Southwold, IP18 with 21 addresses.
It ranks as the 243rd largest and 284th most expensive of the 287 postcodes in the IP18 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 21 properties: 11 houses and 10 flats.
Sale prices range from £350,613 for 3 bedroom leasehold flats (968 ft2) to £2,521,041 for 5 bedroom freehold houses with a garden (2,992 ft2) .
Monthly rental prices range from £1,657 pcm for 3 bed flats to £7,018 pcm for 5 bed houses.
The gross rental yield is between 3.1% and 5.7%.
The average value per square foot is £773.
The last sale in IP18 6LT sold for £2,000,000 on 16th September 2024. Since then prices are down an average of 12.0%.
The current average value in the postcode is £1,721,691.
The IP18 6LT Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.8% | £1,721,691 |
| April 2025 | -9.7% | £1,789,745 |
| April 2024 | -4.3% | £1,982,125 |
| April 2023 | -2.5% | £2,070,291 |
| April 2022 | 5.2% | £2,123,822 |
| April 2021 | 21.4% | £2,018,339 |
| April 2020 | -2% | £1,663,040 |
| April 2019 | 1.8% | £1,697,141 |
| April 2018 | 10.3% | £1,667,455 |
| April 2017 | 3.3% | £1,511,946 |
| April 2016 | 8.9% | £1,462,988 |
| April 2015 | -4.1% | £1,343,057 |
| April 2014 | 1.4% | £1,399,986 |
| April 2013 | 7.4% | £1,381,183 |
| April 2012 | 1.6% | £1,285,572 |
| April 2011 | 11.7% | £1,264,713 |
| April 2010 | 0.4% | £1,131,874 |
| April 2009 | -5.6% | £1,126,900 |
| April 2008 | -1.1% | £1,193,262 |
| April 2007 | 0% | £1,206,312 |
The current average rental value in the postcode is £4,766.
The IP18 6LT Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £4,766pcm |
| April 2025 | 8.2% | £4,677pcm |
| April 2024 | 6.8% | £4,321pcm |
| April 2023 | 8% | £4,046pcm |
| April 2022 | 9.4% | £3,747pcm |
| April 2021 | 3.8% | £3,426pcm |
| April 2020 | 3.7% | £3,301pcm |
| April 2019 | 0% | £3,181pcm |
| April 2018 | 0.5% | £3,183pcm |
| April 2017 | 3.8% | £3,167pcm |
| April 2016 | 3.2% | £3,052pcm |
| April 2015 | 5.1% | £2,957pcm |
| April 2014 | 0% | £2,813pcm |
| April 2013 | 2.7% | £2,812pcm |
| April 2012 | 2.1% | £2,738pcm |
| April 2011 | 2% | £2,683pcm |
| April 2010 | -2% | £2,630pcm |
| April 2009 | -3.4% | £2,684pcm |
| April 2008 | 0.3% | £2,777pcm |
| April 2007 | 0% | £2,769pcm |
The last sale was on 16th September 2024 for £2,000,000 and since then the market in the area has decreased by 12.0%. The postcode has had a total of 25 sales since 1995.
IP18 6LT has seen 1 sale in the last three years and no sales in the last twelve months.
IP18 6LT is the 243rd largest and the 284th most expensive postcode out of the 287 postcodes in the IP18 area.
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The closest station to IP18 6LT is Brampton (Suffolk) station which is 12.0 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 IP18 6LT, 66.1% of property is privately owned outright and 14.5% 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 IP18 6LT, 8.3% of residents are recorded as possessing school level qualifications and 50.0% 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 IP18 6LT, the average age was 51.2 and the most common age was 67.
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 IP18 6LT, 8.2% 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 IP18 6LT, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.