Norwich Road - IP23 7EL
Key Postcode Insights
IP23 7EL is a residential postcode situated on Norwich Road, Thwaite, Eye, IP23 with 3 addresses.
It ranks as the 49th largest and 307th most expensive of the 316 postcodes in the IP23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £608,740
- 10 Year change
- up 33.2%
- Ave. Rental Price
- £1,533pcm
- 10 Year change
- up 57.8%
- Ave. £ per ft²
- £481/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Postcode Insights
IP23 7EL is a residential postcode situated on Norwich Road, Thwaite, Eye, IP23 with 3 addresses.
It ranks as the 49th largest and 307th most expensive of the 316 postcodes in the IP23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £608,740
- 10 Year change
- up 33.2%
- Ave. Rental Price
- £1,533pcm
- 10 Year change
- up 57.8%
- Ave. £ per ft²
- £481/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Explore Propertiesin IP23 7EL
- Coulsey Wood
Unknown
- Marsh Cottage
4 Bed Period House
- Marsh Cottage Barn
4 Bed Modern House
Sales Market Trends
The last sale in IP23 7EL sold for £415,000 on 16th October 2008. Since then prices are up an average of 60.7%.
The current average value in the postcode is £608,740.
The IP23 7EL Sales Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £608,740 |
| June 2025 | -0.5% | £625,905 |
| June 2024 | -4.8% | £628,916 |
| June 2023 | 2.3% | £660,457 |
| June 2022 | 11.4% | £645,598 |
| June 2021 | 6.1% | £579,378 |
| June 2020 | 4.6% | £546,227 |
| June 2019 | -0.5% | £522,064 |
| June 2018 | 6% | £524,740 |
| June 2017 | 8.3% | £495,075 |
| June 2016 | 5.4% | £457,001 |
| June 2015 | 1.6% | £433,750 |
| June 2014 | 10.2% | £426,824 |
| June 2013 | 0.5% | £387,337 |
| June 2012 | 3.3% | £385,284 |
| June 2011 | -5.1% | £372,927 |
| June 2010 | 9.6% | £393,173 |
| June 2009 | -8.5% | £358,708 |
| June 2008 | 0.4% | £392,094 |
| June 2007 | 0% | £390,371 |
Rental Market Trends
The current average rental value in the postcode is £1,533.
The IP23 7EL Rental Market has increased by 57.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,533pcm |
| June 2025 | 6.1% | £1,492pcm |
| June 2024 | 5.4% | £1,407pcm |
| June 2023 | 8.3% | £1,334pcm |
| June 2022 | 8.4% | £1,232pcm |
| June 2021 | 8.7% | £1,137pcm |
| June 2020 | -1.1% | £1,046pcm |
| June 2019 | 1.9% | £1,058pcm |
| June 2018 | 3.6% | £1,038pcm |
| June 2017 | 3% | £1,002pcm |
| June 2016 | 3.9% | £972pcm |
| June 2015 | 5.7% | £936pcm |
| June 2014 | 3.1% | £885pcm |
| June 2013 | 1.8% | £859pcm |
| June 2012 | 0.7% | £843pcm |
| June 2011 | 3.3% | £837pcm |
| June 2010 | 1.7% | £811pcm |
| June 2009 | -1.1% | £797pcm |
| June 2008 | 4.1% | £807pcm |
| June 2007 | 0% | £775pcm |
Sales History
The last sale was on 16th October 2008 for £415,000 and since then the market in the area has increased by 60.7%. The postcode has had a total of 1 sales since 1995.
IP23 7EL has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
IP23 7EL is the 49th largest and the 307th most expensive postcode out of the 316 postcodes in the IP23 area.
- IP23 7EN, Norwich Road, Stoke Ash, Eye, IP23IP23 7EN3 Addresses|484 m away
- IP23 7ED, Norwich Road, Thwaite, Eye, IP23IP23 7ED8 Addresses|637 m away
- IP23 7EX, Deadmans Lane, Stoke Ash, Eye, IP23IP23 7EX5 Addresses|689 m away
- IP23 7EH, Birchgrove, Thwaite, Eye, IP23IP23 7EH4 Addresses|714 m away
- IP23 7EW, The Street, Stoke Ash, Eye, IP23IP23 7EW37 Addresses|798 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 1 other address of unknown type
- period house (1)
- modern house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Oct 2025£975,000 | 5 Bed HouseBrookside, Norwich Road, Eye, IP23 7EDBrookside, Norwich Road, Eye, IP23 7ED
- Sold Oct 2009£460,000 | 5 Bed HouseBrookside, Norwich Road, Eye, IP23 7EDBrookside, Norwich Road, Eye, IP23 7ED
- Sold Oct 2008£415,000 | 4 Bed HouseMarsh Cottage, Norwich Road, Eye, IP23 7ELMarsh Cottage, Norwich Road, Eye, IP23 7EL
Schools Nearby
- Wetheringsett Church of England Primary School2.4 km away
- Thorndon Church of England Primary School2.5 km away
- Mendlesham Primary School3.7 km away
- Hartismere School5.5 km away
- Debenham High School7.6 km away
- Stowupland High School10.3 km away
More reading links
Public Transport Nearby
The closest station to IP23 7EL is Diss station, which is 10.7 kilometres away.
- Diss|10.7 km away
- Stowmarket|12.1 km away
- Elmswell|13.7 km away
- Needham Market|14.3 km away
