IP28 8NE is a residential postcode situated on The Birches, Red Lodge, Bury St. Edmunds, IP28 with 5 addresses.
It ranks as the 218th largest and 681st 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 5 properties: 5 houses.
IP28 8NE is a residential postcode situated on The Birches, Red Lodge, Bury St. Edmunds, IP28 with 5 addresses.
It ranks as the 218th largest and 681st 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 5 properties: 5 houses.
Sale prices range from £363,584 for 3 bedroom freehold houses with a garden (936 ft2) to £463,990 for 4 bedroom freehold houses with a garden (1,420 ft2) .
Monthly rental prices range from £1,214 pcm for 3 bed houses to £1,421 pcm for 4 bed houses.
The gross rental yield is between 3.7% and 4.0%.
The average value per square foot is £354.
The last sale in IP28 8NE sold for £370,000 on 3rd July 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £411,376.
The IP28 8NE Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £411,376 |
| April 2025 | 0.7% | £420,660 |
| April 2024 | -3.6% | £417,855 |
| April 2023 | 4.1% | £433,264 |
| April 2022 | 8% | £416,385 |
| April 2021 | 4.9% | £385,381 |
| April 2020 | 2.4% | £367,239 |
| April 2019 | -2% | £358,485 |
| April 2018 | 5.6% | £365,624 |
| April 2017 | 10.1% | £346,387 |
| April 2016 | 7% | £314,490 |
| April 2015 | 6.4% | £293,930 |
| April 2014 | 7.2% | £276,335 |
| April 2013 | 3.5% | £257,748 |
| April 2012 | 0.9% | £249,103 |
| April 2011 | -1.1% | £246,871 |
| April 2010 | 4.6% | £249,572 |
| April 2009 | -15.9% | £238,546 |
| April 2008 | 4.3% | £283,739 |
| April 2007 | 0% | £271,961 |
The current average rental value in the postcode is £1,320.
The IP28 8NE Rental Market has increased by 36.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,320pcm |
| April 2025 | 4.2% | £1,299pcm |
| April 2024 | 3.7% | £1,246pcm |
| April 2023 | 3.7% | £1,202pcm |
| April 2022 | 7.6% | £1,159pcm |
| April 2021 | 5.1% | £1,077pcm |
| April 2020 | 0.6% | £1,025pcm |
| April 2019 | -0.6% | £1,018pcm |
| April 2018 | 2.5% | £1,025pcm |
| April 2017 | 3% | £999pcm |
| April 2016 | 5.7% | £971pcm |
| April 2015 | -0.9% | £918pcm |
| April 2014 | 7.1% | £926pcm |
| April 2013 | 3.4% | £865pcm |
| April 2012 | -2.3% | £836pcm |
| April 2011 | 4.6% | £856pcm |
| April 2010 | 7.6% | £819pcm |
| April 2009 | -5.7% | £761pcm |
| April 2008 | -0.9% | £807pcm |
| April 2007 | 0% | £814pcm |
The last sale was on 3rd July 2024 for £370,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 12 sales since 1995.
IP28 8NE has seen 2 sales in the last three years and no sales in the last twelve months.
IP28 8NE is the 218th largest and the 681st most expensive postcode out of the 830 postcodes in the IP28 area.
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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 IP28 8NE, 39.1% of property is privately owned outright and 38.3% 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 IP28 8NE, 15.0% of residents are recorded as possessing school level qualifications and 19.9% 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 8NE, the average age was 36.8 and the most common age was 32.
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 8NE, 0.8% 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 8NE, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.