Penzance Road - IP5 1LE
Key Postcode Insights
IP5 1LE is a residential postcode situated on Penzance Road, Kesgrave, Ipswich, IP5 with 20 addresses.
It ranks as the 860th largest and 964th most expensive of the 1,345 postcodes in the IP5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £379,011
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £1,436pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £382/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
IP5 1LE is a residential postcode situated on Penzance Road, Kesgrave, Ipswich, IP5 with 20 addresses.
It ranks as the 860th largest and 964th most expensive of the 1,345 postcodes in the IP5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £379,011
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £1,436pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £382/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin IP5 1LE
- 79 Penzance Road
Unknown
- 81 Penzance Road
Unknown
- 83 Penzance Road
Unknown
- 85 Penzance Road
3 Bed Mid-century House
- 87 Penzance Road
3 Bed Mid-century House
Sales Market Trends
The last sale in IP5 1LE sold for £425,000 on 24th July 2025. Since then prices are down an average of 2.2%.
The current average value in the postcode is £379,011.
The IP5 1LE Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £379,011 |
| June 2025 | 0.7% | £388,736 |
| June 2024 | -3.6% | £386,158 |
| June 2023 | 0.6% | £400,693 |
| June 2022 | 10.2% | £398,295 |
| June 2021 | 7.3% | £361,271 |
| June 2020 | 0.4% | £336,744 |
| June 2019 | 1.2% | £335,274 |
| June 2018 | 3% | £331,144 |
| June 2017 | 7.5% | £321,618 |
| June 2016 | 7% | £299,178 |
| June 2015 | 8.7% | £279,481 |
| June 2014 | 7.8% | £257,222 |
| June 2013 | 2% | £238,567 |
| June 2012 | 2.3% | £233,783 |
| June 2011 | -0.2% | £228,501 |
| June 2010 | 12.8% | £228,921 |
| June 2009 | -12.1% | £202,912 |
| June 2008 | -5.7% | £230,751 |
| June 2007 | 0% | £244,721 |
Rental Market Trends
The current average rental value in the postcode is £1,436.
The IP5 1LE Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £1,436pcm |
| June 2025 | 4.9% | £1,412pcm |
| June 2024 | 5.4% | £1,345pcm |
| June 2023 | 7.1% | £1,276pcm |
| June 2022 | 9.4% | £1,192pcm |
| June 2021 | 6.4% | £1,090pcm |
| June 2020 | 2.5% | £1,024pcm |
| June 2019 | 1.2% | £999pcm |
| June 2018 | 2.1% | £987pcm |
| June 2017 | 2.8% | £967pcm |
| June 2016 | 4.7% | £940pcm |
| June 2015 | 4.9% | £898pcm |
| June 2014 | 2.3% | £856pcm |
| June 2013 | 1.9% | £836pcm |
| June 2012 | 2.5% | £820pcm |
| June 2011 | 4.4% | £801pcm |
| June 2010 | 4.8% | £767pcm |
| June 2009 | -6.5% | £732pcm |
| June 2008 | 1.9% | £782pcm |
| June 2007 | 0% | £768pcm |
Sales History
The last sale was on 24th July 2025 for £425,000 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 18 sales since 1995.
IP5 1LE has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£425,000 | 3 Bed House87, Penzance Road, Ipswich, IP5 1LE87, Penzance Road, Ipswich, IP5 1LE
- Sold Dec 2021£325,000 | 3 Bed House85, Penzance Road, Ipswich, IP5 1LE85, Penzance Road, Ipswich, IP5 1LE
- Sold Jun 2021£420,000 | 4 Bed House98, Penzance Road, Ipswich, IP5 1LE98, Penzance Road, Ipswich, IP5 1LE
- Sold Mar 2021£275,000 | 3 Bed House113, Penzance Road, Ipswich, IP5 1LE113, Penzance Road, Ipswich, IP5 1LE
- Sold Mar 2021£325,000 | 3 Bed House87, Penzance Road, Ipswich, IP5 1LE87, Penzance Road, Ipswich, IP5 1LE
Nearby Postcodes
IP5 1LE is the 860th largest and the 964th most expensive postcode out of the 1,345 postcodes in the IP5 area.
- IP5 1LF, Newquay Close, Kesgrave, Ipswich, IP5IP5 1LF6 Addresses|36 m away
- IP5 1JX, Penryn Road, Kesgrave, Ipswich, IP5IP5 1JX5 Addresses|81 m away
- IP5 1AX, Bodmin Close, Kesgrave, Ipswich, IP5IP5 1AX2 Addresses|97 m away
- IP5 1LQ, Bodmin Close, Kesgrave, Ipswich, IP5IP5 1LQ13 Addresses|120 m away
- IP5 1JZ, St. Agnes Way, Kesgrave, Ipswich, IP5IP5 1JZ48 Addresses|150 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 7 other addresses of unknown type
- mid-century house (13)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (8)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Dec 2022£542,500 | 4 Bed House39, Penzance Road, Ipswich, IP5 1LU39, Penzance Road, Ipswich, IP5 1LU
- Sold Oct 2018£505,000 | 5 Bed House26, Penzance Road, Ipswich, IP5 1JS26, Penzance Road, Ipswich, IP5 1JS
- Sold Mar 2026£475,000 | 3 Bed House6, Penzance Road, Ipswich, IP5 1JW6, Penzance Road, Ipswich, IP5 1JW
Schools Nearby
- Heath Primary School, Kesgrave1.0 km away
- Broke Hall Community Primary School1.2 km away
- Cedarwood Primary School1.4 km away
- St Alban's Catholic High School1.6 km away
- Kesgrave High School1.8 km away
- Copleston High School1.9 km away
More reading links
Public Transport Nearby
The closest station to IP5 1LE is Derby Road (Ipswich) station, which is 2.8 kilometres away.
- Derby Road (Ipswich)|2.8 km away
- Westerfield|4.6 km away
- Ipswich|5.3 km away
- Woodbridge|7.5 km away
