IP28 1AE is a residential postcode situated on Falconer Road, Red Lodge, Bury St. Edmunds, IP28 with 23 addresses.
It ranks as the 612th largest and 458th most expensive of the 830 postcodes in the IP28 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 23 properties: 23 houses.
IP28 1AE is a residential postcode situated on Falconer Road, Red Lodge, Bury St. Edmunds, IP28 with 23 addresses.
It ranks as the 612th largest and 458th most expensive of the 830 postcodes in the IP28 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 23 properties: 23 houses.
Sale prices range from £257,337 for 3 bedroom freehold houses with a garden (710 ft2) to £369,052 for 4 bedroom freehold houses with a garden (1,227 ft2) .
Monthly rental prices range from £994 pcm for 3 bed houses to £1,310 pcm for 4 bed houses.
The gross rental yield is between 4.3% and 4.6%.
The average value per square foot is £326.
The last sale in IP28 1AE sold for £344,995 on 18th February 2022. Since then prices are up an average of 0.6%.
The current average value in the postcode is £309,525.
The IP28 1AE Sales Market has increased by 31.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £309,525 |
| April 2025 | 0.8% | £316,345 |
| April 2024 | -3.8% | £313,954 |
| April 2023 | 4.1% | £326,241 |
| April 2022 | 8.4% | £313,348 |
| April 2021 | 4.7% | £289,193 |
| April 2020 | 2.8% | £276,082 |
| April 2019 | -2.2% | £268,487 |
| April 2018 | 5.7% | £274,454 |
| April 2017 | 10.6% | £259,672 |
| April 2016 | 6.6% | £234,728 |
| April 2015 | 5.7% | £220,240 |
| April 2014 | 7.2% | £208,450 |
| April 2013 | 3.8% | £194,384 |
| April 2012 | 0.7% | £187,267 |
| April 2011 | -1.2% | £185,950 |
| April 2010 | 4.3% | £188,194 |
| April 2009 | -15.6% | £180,365 |
| April 2008 | 4.6% | £213,698 |
| April 2007 | 0% | £204,382 |
The current average rental value in the postcode is £1,147.
The IP28 1AE Rental Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £1,147pcm |
| April 2025 | 4.2% | £1,128pcm |
| April 2024 | 3.5% | £1,083pcm |
| April 2023 | 3.1% | £1,046pcm |
| April 2022 | 7.8% | £1,014pcm |
| April 2021 | 5% | £941pcm |
| April 2020 | 0.6% | £895pcm |
| April 2019 | -0.7% | £890pcm |
| April 2018 | 2.6% | £896pcm |
| April 2017 | 2.8% | £874pcm |
| April 2016 | 5.7% | £850pcm |
| April 2015 | -1.8% | £804pcm |
| April 2014 | 7.3% | £819pcm |
| April 2013 | 3.7% | £763pcm |
| April 2012 | -2.8% | £736pcm |
| April 2011 | 5% | £757pcm |
| April 2010 | 7.7% | £721pcm |
| April 2009 | -5.1% | £669pcm |
| April 2008 | -0.8% | £705pcm |
| April 2007 | 0% | £711pcm |
The last sale was on 18th February 2022 for £344,995 and since then the market in the area has increased by 0.6%. The postcode has had a total of 15 sales since 1995.
IP28 1AE has seen no sales in the last three years and no sales in the last twelve months.
IP28 1AE is the 612th largest and the 458th most expensive postcode out of the 830 postcodes in the IP28 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around IP28 1AE, 45.8% of property is privately owned with a mortgage and 35.3% is privately owned outright.
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 IP28 1AE, 13.7% of residents are recorded as possessing school level qualifications and 37.7% 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 IP28 1AE, the average age was 36.4 and the most common age was 22.
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 IP28 1AE, 1.4% 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 IP28 1AE, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.