IP23 7LU is a residential postcode situated on Hall Road, Thorndon, Eye, IP23 with 18 addresses.
It ranks as the 251st largest and 231st most expensive of the 316 postcodes in the IP23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 18 houses.
IP23 7LU is a residential postcode situated on Hall Road, Thorndon, Eye, IP23 with 18 addresses.
It ranks as the 251st largest and 231st most expensive of the 316 postcodes in the IP23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 18 houses.
Sale prices range from £206,291 for 5 bedroom freehold houses with a garden (3,422 ft2) to £662,136 for 5 bedroom freehold houses with a garden (2,486 ft2) .
Monthly rental prices range from £808 pcm for 5 bed houses to £1,474 pcm for 5 bed houses.
The gross rental yield is between 2.7% and 4.7%.
The average value per square foot is £336.
The last sale in IP23 7LU sold for £540,000 on 3rd October 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £466,223.
The IP23 7LU Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.9% | £466,223 |
| May 2025 | -0.8% | £480,355 |
| May 2024 | -5.8% | £484,037 |
| May 2023 | 3.1% | £513,836 |
| May 2022 | 12.4% | £498,272 |
| May 2021 | 5.6% | £443,286 |
| May 2020 | 3.4% | £419,936 |
| May 2019 | 0.1% | £405,951 |
| May 2018 | 6.5% | £405,621 |
| May 2017 | 9.3% | £380,924 |
| May 2016 | 4.7% | £348,597 |
| May 2015 | 1.9% | £333,070 |
| May 2014 | 9.4% | £326,861 |
| May 2013 | 0.3% | £298,733 |
| May 2012 | 3.6% | £297,875 |
| May 2011 | -4.9% | £287,437 |
| May 2010 | 8.6% | £302,125 |
| May 2009 | -10.4% | £278,165 |
| May 2008 | 2.1% | £310,541 |
| May 2007 | 0% | £304,017 |
The current average rental value in the postcode is £1,170.
The IP23 7LU Rental Market has increased by 54.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.7% | £1,170pcm |
| May 2025 | 5.4% | £1,139pcm |
| May 2024 | 5.5% | £1,081pcm |
| May 2023 | 8.5% | £1,025pcm |
| May 2022 | 8.1% | £945pcm |
| May 2021 | 6.6% | £874pcm |
| May 2020 | 1.3% | £820pcm |
| May 2019 | 0.7% | £809pcm |
| May 2018 | 2.2% | £804pcm |
| May 2017 | 3.7% | £786pcm |
| May 2016 | 5% | £758pcm |
| May 2015 | 5.2% | £722pcm |
| May 2014 | 1.4% | £687pcm |
| May 2013 | -0.8% | £678pcm |
| May 2012 | 1.9% | £683pcm |
| May 2011 | 2% | £670pcm |
| May 2010 | 5.4% | £657pcm |
| May 2009 | -5.9% | £624pcm |
| May 2008 | 3.8% | £663pcm |
| May 2007 | 0% | £638pcm |
The last sale was on 3rd October 2025 for £540,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 19 sales since 1995.
IP23 7LU has seen 4 sales in the last three years and 1 sale in the last twelve months.
IP23 7LU is the 251st largest and the 231st most expensive postcode out of the 316 postcodes in the IP23 area.
Be the first Estate
Agent here!
The closest station to IP23 7LU is Diss station which is 11.1 kilometres away.
Be the first Estate
Agent here!
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 IP23 7LU, 62.4% of property is privately owned outright and 24.8% 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 IP23 7LU, 14.3% of residents are recorded as possessing school level qualifications and 32.5% 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 IP23 7LU, the average age was 48.4 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 IP23 7LU, 0.5% 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 IP23 7LU, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.