Wellington Road - IP23 7BE
Key Postcode Insights
IP23 7BE is a residential postcode situated on Wellington Road, Eye, IP23 with 15 addresses.
It ranks as the 220th largest and 119th most expensive of the 316 postcodes in the IP23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 13 houses, 1 flat and 1 other property.
- Ave. Sale Price
- £366,965
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,152pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £354/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
IP23 7BE is a residential postcode situated on Wellington Road, Eye, IP23 with 15 addresses.
It ranks as the 220th largest and 119th most expensive of the 316 postcodes in the IP23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 13 houses, 1 flat and 1 other property.
- Ave. Sale Price
- £366,965
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,152pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £354/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertiesin IP23 7BE
- Netherton
4 Bed Modern House
- The Garden House
Unknown
- The Willows
5 Bed Modern House
- 27 Wellington Road
Building  |  2 Flats
- 28 Wellington Road
3 Bed Mid-century House
Sales Market Trends
The last sale in IP23 7BE sold for £500,000 on 11th November 2024. Since then prices are down an average of 3.1%.
The current average value in the postcode is £366,965.
The IP23 7BE Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £366,965 |
| June 2025 | -1.2% | £376,782 |
| June 2024 | -4.5% | £381,458 |
| June 2023 | 1.9% | £399,263 |
| June 2022 | 11.7% | £391,959 |
| June 2021 | 4.2% | £350,877 |
| June 2020 | 4.8% | £336,690 |
| June 2019 | -0.4% | £321,252 |
| June 2018 | 6.7% | £322,662 |
| June 2017 | 8.1% | £302,519 |
| June 2016 | 5% | £279,811 |
| June 2015 | 0.2% | £266,463 |
| June 2014 | 11.3% | £265,939 |
| June 2013 | 0.3% | £238,882 |
| June 2012 | 4.1% | £238,214 |
| June 2011 | -6.6% | £228,786 |
| June 2010 | 7% | £245,005 |
| June 2009 | -9.6% | £228,985 |
| June 2008 | -0.4% | £253,211 |
| June 2007 | 0% | £254,183 |
Rental Market Trends
The current average rental value in the postcode is £1,152.
The IP23 7BE Rental Market has increased by 53.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,152pcm |
| June 2025 | 5.4% | £1,120pcm |
| June 2024 | 5.8% | £1,063pcm |
| June 2023 | 7.7% | £1,004pcm |
| June 2022 | 8.4% | £932pcm |
| June 2021 | 7.4% | £860pcm |
| June 2020 | -1.7% | £801pcm |
| June 2019 | 2.1% | £815pcm |
| June 2018 | 3.6% | £798pcm |
| June 2017 | 2.6% | £770pcm |
| June 2016 | 4% | £751pcm |
| June 2015 | 5.5% | £721pcm |
| June 2014 | 3.6% | £684pcm |
| June 2013 | 1.9% | £660pcm |
| June 2012 | 0.6% | £648pcm |
| June 2011 | 3.2% | £644pcm |
| June 2010 | -0.7% | £624pcm |
| June 2009 | -2.3% | £629pcm |
| June 2008 | 2.9% | £643pcm |
| June 2007 | 0% | £625pcm |
Sales History
The last sale was on 11th November 2024 for £500,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 22 sales since 1995.
IP23 7BE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£500,000 | 5 Bed HouseThe Willows, Wellington Road, Eye, IP23 7BEThe Willows, Wellington Road, Eye, IP23 7BE
- Sold Apr 2021£210,000 | 3 Bed House35, Wellington Road, Eye, IP23 7BE35, Wellington Road, Eye, IP23 7BE
- Sold Feb 2021£274,000 | 3 Bed House28, Wellington Road, Eye, IP23 7BE28, Wellington Road, Eye, IP23 7BE
- Sold Jan 2021£230,000 | 3 Bed House31, Wellington Road, Eye, IP23 7BE31, Wellington Road, Eye, IP23 7BE
- Sold Aug 2019£395,000 | 3 Bed House33A, Wellington Road, Eye, IP23 7BE33A, Wellington Road, Eye, IP23 7BE
Nearby Postcodes
IP23 7BE is the 220th largest and the 119th most expensive postcode out of the 316 postcodes in the IP23 area.
- IP23 7BU, Old Brew House Court, Eye, IP23IP23 7BU14 Addresses|66 m away
- IP23 7BD, Church Street, Occold, Eye, IP23IP23 7BD41 Addresses|69 m away
- IP23 7FS, Wellington Road, Eye, IP23IP23 7FS4 Addresses|71 m away
- IP23 7BA, Dove Lane, Wickham Skeith, Eye, IP23IP23 7BA3 Addresses|134 m away
- IP23 7BG, Wellington Road, Eye, IP23IP23 7BG19 Addresses|156 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 4 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- period house (3)
- period flat (2)
- modern house (4)
- mid-century house (1)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Nov 2024£500,000 | 5 Bed HouseThe Willows, Wellington Road, Eye, IP23 7BEThe Willows, Wellington Road, Eye, IP23 7BE
- Sold Nov 2018£470,000 | 4 Bed HouseNetherton, Wellington Road, Eye, IP23 7BENetherton, Wellington Road, Eye, IP23 7BE
- Sold Aug 2006£400,000 | 5 Bed HouseThe Willows, Wellington Road, Eye, IP23 7BEThe Willows, Wellington Road, Eye, IP23 7BE
Schools Nearby
- St Peter and St Paul Church of England Primary School, Eye200 m away
- Occold Primary School3.4 km away
- Mellis Church of England Primary School4.1 km away
- Hartismere School900 m away
- Diss High School6.9 km away
- Stradbroke High School8.4 km away
More reading links
Public Transport Nearby
The closest station to IP23 7BE is Diss station, which is 6.1 kilometres away.
- Diss|6.1 km away
- Stowmarket|17.8 km away
- Elmswell|18.6 km away
- Needham Market|19.8 km away
