Watermill Lane - IP21 5UE
Key Postcode Insights
IP21 5UE is a residential postcode situated on Watermill Lane, Weybread, Diss, IP21 with 10 addresses.
It ranks as the 337th largest and 444th most expensive of the 520 postcodes in the IP21 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £605,968
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,961pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £449/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
IP21 5UE is a residential postcode situated on Watermill Lane, Weybread, Diss, IP21 with 10 addresses.
It ranks as the 337th largest and 444th most expensive of the 520 postcodes in the IP21 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £605,968
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,961pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £449/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertiesin IP21 5UE
- Annexe
2 Bed Modern House
- Henley House
Unknown
- Hill Farm
Unknown
- Manor Farm
Unknown
- Mill House
5 Bed Period House
Sales Market Trends
The last sale in IP21 5UE sold for £445,000 on 21st August 2019. Since then prices are up an average of 14.4%.
The current average value in the postcode is £605,968.
The IP21 5UE Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £605,968 |
| June 2025 | -0.7% | £621,356 |
| June 2024 | -3.4% | £625,974 |
| June 2023 | -0.4% | £647,720 |
| June 2022 | 11.1% | £650,003 |
| June 2021 | 10.5% | £585,282 |
| June 2020 | 0.2% | £529,683 |
| June 2019 | 2.2% | £528,719 |
| June 2018 | 2.9% | £517,221 |
| June 2017 | 8.8% | £502,497 |
| June 2016 | 9.1% | £462,014 |
| June 2015 | 2.4% | £423,396 |
| June 2014 | 3.1% | £413,341 |
| June 2013 | 6% | £400,838 |
| June 2012 | 2.8% | £378,008 |
| June 2011 | -5.5% | £367,764 |
| June 2010 | 11.2% | £389,331 |
| June 2009 | -12.7% | £350,179 |
| June 2008 | 1.6% | £401,211 |
| June 2007 | 0% | £395,016 |
Rental Market Trends
The current average rental value in the postcode is £1,961.
The IP21 5UE Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,961pcm |
| June 2025 | 6.5% | £1,906pcm |
| June 2024 | 4.9% | £1,789pcm |
| June 2023 | 4.9% | £1,706pcm |
| June 2022 | 10.3% | £1,625pcm |
| June 2021 | 8.3% | £1,474pcm |
| June 2020 | 2.9% | £1,362pcm |
| June 2019 | 2.7% | £1,323pcm |
| June 2018 | 1.5% | £1,287pcm |
| June 2017 | 2.7% | £1,269pcm |
| June 2016 | 4.3% | £1,236pcm |
| June 2015 | 3.7% | £1,185pcm |
| June 2014 | -0.6% | £1,142pcm |
| June 2013 | 2.3% | £1,149pcm |
| June 2012 | 0.5% | £1,123pcm |
| June 2011 | 2.1% | £1,117pcm |
| June 2010 | 6.2% | £1,094pcm |
| June 2009 | -4.4% | £1,031pcm |
| June 2008 | -0.6% | £1,078pcm |
| June 2007 | 0% | £1,085pcm |
Sales History
The last sale was on 21st August 2019 for £445,000 and since then the market in the area has increased by 14.4%. The postcode has had a total of 4 sales since 1995.
IP21 5UE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2019£445,000 | 3 Bed HouseRiverside Cottage, Watermill Lane, Diss, IP21 5UERiverside Cottage, Watermill Lane, Diss, IP21 5UE
- Sold Dec 2009£405,000 | 4 Bed HouseWatermill Cottage, Watermill Lane, Diss, IP21 5UEWatermill Cottage, Watermill Lane, Diss, IP21 5UE
- Sold Jun 2009£267,000 | 4 Bed HouseThe Honey Pot, Watermill Lane, Diss, IP21 5UEThe Honey Pot, Watermill Lane, Diss, IP21 5UE
- Sold Feb 1999£160,000 | 4 Bed HouseWatermill Cottage, Watermill Lane, Diss, IP21 5UEWatermill Cottage, Watermill Lane, Diss, IP21 5UE
Nearby Postcodes
IP21 5UE is the 337th largest and the 444th most expensive postcode out of the 520 postcodes in the IP21 area.
- IP21 5UD, Watermill Lane, Weybread, Diss, IP21IP21 5UD2 Addresses|613 m away
- IP21 5UB, Harleston Road, Weybread, Diss, IP21IP21 5UB1 Addresses|764 m away
- IP21 5UF, Syleham Road, Weybread, Diss, IP21IP21 5UF2 Addresses|853 m away
- IP21 5TX, Clarks Hill, Weybread, Diss, IP21IP21 5TX3 Addresses|1.1 km away
- IP21 5TY, Water Lane, Weybread, Diss, IP21IP21 5TY2 Addresses|1.2 km away
Property Types
- 3 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 house of an unknown age
- 5 other addresses of unknown type
- period house (3)
- modern house (1)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (1)
- F (1)
- C (0)
- G (1)
- D (0)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Nov 2020£570,000 | 4 Bed HouseThe Warrens, Watermill Lane, Diss, IP21 5UDThe Warrens, Watermill Lane, Diss, IP21 5UD
- Sold Aug 2019£445,000 | 3 Bed HouseRiverside Cottage, Watermill Lane, Diss, IP21 5UERiverside Cottage, Watermill Lane, Diss, IP21 5UE
- Sold Dec 2009£405,000 | 4 Bed HouseWatermill Cottage, Watermill Lane, Diss, IP21 5UEWatermill Cottage, Watermill Lane, Diss, IP21 5UE
Schools Nearby
- Mendham Primary School3.5 km away
- Fressingfield Church of England Primary School4.9 km away
- Pulham Church of England Primary Academy6.0 km away
- Stradbroke High School8.2 km away
- Diss High School11.9 km away
- Long Stratton High School12.1 km away
More reading links
Public Transport Nearby
The closest station to IP21 5UE is Diss station, which is 11.4 kilometres away.
- Diss|11.4 km away
- Halesworth|15.4 km away
- Brampton (Suffolk)|17.3 km away
- Darsham|20.4 km away