Covey Way - IP27 9HL
Key Postcode Insights
IP27 9HL is a residential postcode situated on Covey Way, Lakenheath, Brandon, IP27 with 46 addresses.
It ranks as the 781st largest and 285th most expensive of the 825 postcodes in the IP27 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 46 properties: 46 houses.
- Ave. Sale Price
- £230,650
- 10 Year change
- up 26.8%
- Ave. Rental Price
- £1,247pcm
- 10 Year change
- up 41.6%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
IP27 9HL is a residential postcode situated on Covey Way, Lakenheath, Brandon, IP27 with 46 addresses.
It ranks as the 781st largest and 285th most expensive of the 825 postcodes in the IP27 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 46 properties: 46 houses.
- Ave. Sale Price
- £230,650
- 10 Year change
- up 26.8%
- Ave. Rental Price
- £1,247pcm
- 10 Year change
- up 41.6%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin IP27 9HL
- 38 Covey Way
Unknown
- 39 Covey Way
3 Bed Mid-century House
- 40 Covey Way
3 Bed Mid-century House
- 41 Covey Way
3 Bed Mid-century House
- 42 Covey Way
3 Bed Mid-century House
Sales Market Trends
The last sale in IP27 9HL sold for £205,000 on 16th August 2024. Since then prices are down an average of 4.4%.
The current average value in the postcode is £230,650.
The IP27 9HL Sales Market has increased by 26.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £230,650 |
| June 2025 | -0.5% | £240,273 |
| June 2024 | -2.3% | £241,443 |
| June 2023 | -1.6% | £247,248 |
| June 2022 | 13.9% | £251,300 |
| June 2021 | 3.7% | £220,595 |
| June 2020 | 2.9% | £212,756 |
| June 2019 | -0.3% | £206,813 |
| June 2018 | 6.9% | £207,399 |
| June 2017 | 6.6% | £194,025 |
| June 2016 | 9.9% | £181,952 |
| June 2015 | 7.2% | £165,522 |
| June 2014 | 9.6% | £154,400 |
| June 2013 | 1.5% | £140,827 |
| June 2012 | 0.1% | £138,801 |
| June 2011 | -0.8% | £138,658 |
| June 2010 | 6.7% | £139,804 |
| June 2009 | -12.8% | £130,985 |
| June 2008 | -2.7% | £150,175 |
| June 2007 | 0% | £154,294 |
Rental Market Trends
The current average rental value in the postcode is £1,247.
The IP27 9HL Rental Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,247pcm |
| June 2025 | 4.3% | £1,216pcm |
| June 2024 | 3.1% | £1,166pcm |
| June 2023 | 4.6% | £1,131pcm |
| June 2022 | 6.7% | £1,082pcm |
| June 2021 | 7.4% | £1,014pcm |
| June 2020 | 1.3% | £944pcm |
| June 2019 | -0.3% | £931pcm |
| June 2018 | 3.1% | £935pcm |
| June 2017 | 2.9% | £906pcm |
| June 2016 | 3.8% | £881pcm |
| June 2015 | 3.7% | £849pcm |
| June 2014 | 8.1% | £819pcm |
| June 2013 | 4.2% | £757pcm |
| June 2012 | -2.2% | £727pcm |
| June 2011 | 7.7% | £744pcm |
| June 2010 | 4% | £691pcm |
| June 2009 | -8.7% | £664pcm |
| June 2008 | 0.9% | £727pcm |
| June 2007 | 0% | £721pcm |
Sales History
The last sale was on 16th August 2024 for £205,000 and since then the market in the area has decreased by 4.4%. The postcode has had a total of 50 sales since 1995.
IP27 9HL has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2024£205,000 | 2 Bed House77, Covey Way, Brandon, IP27 9HL77, Covey Way, Brandon, IP27 9HL
- Sold Apr 2024£200,000 | 2 Bed House58, Covey Way, Brandon, IP27 9HL58, Covey Way, Brandon, IP27 9HL
- Sold Sep 2023£260,000 | 3 Bed House50, Covey Way, Brandon, IP27 9HL50, Covey Way, Brandon, IP27 9HL
- Sold Jan 2023£225,500 | 2 Bed House70, Covey Way, Brandon, IP27 9HL70, Covey Way, Brandon, IP27 9HL
- Sold Dec 2022£250,000 | 3 Bed House40, Covey Way, Brandon, IP27 9HL40, Covey Way, Brandon, IP27 9HL
Nearby Postcodes
IP27 9HL is the 781st largest and the 285th most expensive postcode out of the 825 postcodes in the IP27 area.
- IP27 9HJ, Covey Way, Lakenheath, Brandon, IP27IP27 9HJ34 Addresses|77 m away
- IP27 9EA, Highfields, Lakenheath, Brandon, IP27IP27 9EA20 Addresses|94 m away
- IP27 9EB, Pashford Close, Lakenheath, Brandon, IP27IP27 9EB7 Addresses|119 m away
- IP27 9DZ, Highfields, Lakenheath, Brandon, IP27IP27 9DZ21 Addresses|161 m away
- IP27 9EJ, Maids Cross Hill, Lakenheath, Brandon, IP27IP27 9EJ30 Addresses|162 m away
Property Types
- 29 mid-century houses built between 1936 and 1979
- 17 other addresses of unknown type
- mid-century house (29)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (1)
- F (2)
- C (1)
- G (0)
- D (18)
- No EPC (17)
Top 3 Most Expensive Sales
- Sold Sep 2017£277,000 | 3 Bed House56, Covey Way, Brandon, IP27 9HL56, Covey Way, Brandon, IP27 9HL
- Sold Sep 2023£260,000 | 3 Bed House50, Covey Way, Brandon, IP27 9HL50, Covey Way, Brandon, IP27 9HL
- Sold Jul 2023£257,500 | 3 Bed House12, Covey Way, Brandon, IP27 9HJ12, Covey Way, Brandon, IP27 9HJ
Schools Nearby
- Lakenheath Community Primary School400 m away
- Iceni Primary Academy5.5 km away
- Beck Row Primary Academy5.9 km away
- Breckland School5.7 km away
- Mildenhall College Academy8.1 km away
- Iceni Secondary Academy12.6 km away
More reading links
Public Transport Nearby
The closest station to IP27 9HL is Lakenheath station, which is 3.6 kilometres away.
- Lakenheath|3.6 km away
- Brandon|7.7 km away
- Shippea Hill|8.1 km away
- Thetford|14.5 km away
