Lark Rise - IP5 3SB
Key Postcode Insights
IP5 3SB is a residential postcode situated on Lark Rise, Martlesham Heath, Ipswich, IP5 with 32 addresses.
It ranks as the 1094th largest and 530th most expensive of the 1,345 postcodes in the IP5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 32 properties: 19 houses and 13 flats.
- Ave. Sale Price
- £244,085
- 10 Year change
- up 20.3%
- Ave. Rental Price
- £1,189pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
IP5 3SB is a residential postcode situated on Lark Rise, Martlesham Heath, Ipswich, IP5 with 32 addresses.
It ranks as the 1094th largest and 530th most expensive of the 1,345 postcodes in the IP5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 32 properties: 19 houses and 13 flats.
- Ave. Sale Price
- £244,085
- 10 Year change
- up 20.3%
- Ave. Rental Price
- £1,189pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin IP5 3SB
- 2 Lark Rise
4 Bed Mid-century House
- 4 Lark Rise
Unknown
- 6 Lark Rise
Unknown
- 8 Lark Rise
Unknown
- 10 Lark Rise
4 Bed Modern House
Sales Market Trends
The last sale in IP5 3SB sold for £123,000 on 29th April 2024. Since then prices are down an average of 2.1%.
The current average value in the postcode is £244,085.
The IP5 3SB Sales Market has increased by 20.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £244,085 |
| June 2025 | 0.3% | £250,443 |
| June 2024 | -3.1% | £249,699 |
| June 2023 | -0.1% | £257,604 |
| June 2022 | 9.3% | £257,736 |
| June 2021 | 5.5% | £235,795 |
| June 2020 | -0.1% | £223,496 |
| June 2019 | 1.3% | £223,723 |
| June 2018 | 3.7% | £220,902 |
| June 2017 | 5% | £213,035 |
| June 2016 | 7.1% | £202,854 |
| June 2015 | 7.8% | £189,487 |
| June 2014 | 6.8% | £175,820 |
| June 2013 | 2.1% | £164,659 |
| June 2012 | 0.2% | £161,215 |
| June 2011 | 0.6% | £160,882 |
| June 2010 | 8.4% | £159,972 |
| June 2009 | -11.1% | £147,525 |
| June 2008 | -3.7% | £165,911 |
| June 2007 | 0% | £172,366 |
Rental Market Trends
The current average rental value in the postcode is £1,189.
The IP5 3SB Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,189pcm |
| June 2025 | 4.4% | £1,163pcm |
| June 2024 | 5.9% | £1,114pcm |
| June 2023 | 6.7% | £1,052pcm |
| June 2022 | 8% | £986pcm |
| June 2021 | 4.8% | £913pcm |
| June 2020 | 1.9% | £871pcm |
| June 2019 | 1% | £855pcm |
| June 2018 | 1.9% | £846pcm |
| June 2017 | 1.5% | £830pcm |
| June 2016 | 4% | £818pcm |
| June 2015 | 4.3% | £786pcm |
| June 2014 | 2.8% | £754pcm |
| June 2013 | 1.7% | £733pcm |
| June 2012 | 2.1% | £721pcm |
| June 2011 | 4.1% | £706pcm |
| June 2010 | 2.6% | £678pcm |
| June 2009 | -8.3% | £661pcm |
| June 2008 | 1.3% | £721pcm |
| June 2007 | 0% | £712pcm |
Sales History
The last sale was on 29th April 2024 for £123,000 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 48 sales since 1995.
IP5 3SB has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2024£123,000 | 2 Bed Flat56, Lark Rise, Ipswich, IP5 3SB56, Lark Rise, Ipswich, IP5 3SB
- Sold Feb 2023£165,000 | 3 Bed Flat62, Lark Rise, Ipswich, IP5 3SB62, Lark Rise, Ipswich, IP5 3SB
- Sold Jan 2022£121,500 | 2 Bed Flat54, Lark Rise, Ipswich, IP5 3SB54, Lark Rise, Ipswich, IP5 3SB
- Sold Sep 2021£245,000 | 3 Bed House26, Lark Rise, Ipswich, IP5 3SB26, Lark Rise, Ipswich, IP5 3SB
- Sold Oct 2019£285,000 | 4 Bed House10, Lark Rise, Ipswich, IP5 3SB10, Lark Rise, Ipswich, IP5 3SB
Nearby Postcodes
IP5 3SB is the 1094th largest and the 530th most expensive postcode out of the 1,345 postcodes in the IP5 area.
- IP5 3SA, Lark Rise, Martlesham Heath, Ipswich, IP5IP5 3SA31 Addresses|72 m away
- IP5 3AB, Eagle Way, Martlesham Heath, Ipswich, IP5IP5 3AB41 Addresses|78 m away
- IP5 3QZ, Burgess Place, Martlesham Heath, Ipswich, IP5IP5 3QZ35 Addresses|114 m away
- IP5 3SQ, Hunters Ride, Martlesham Heath, Ipswich, IP5IP5 3SQ16 Addresses|122 m away
- IP5 3TY, Sidecentre Gate, Martlesham Heath, Ipswich, IP5IP5 3TY3 Addresses|127 m away
Property Types
- 2 modern houses built after 1980
- 4 modern flats built after 1980
- 6 mid-century houses built between 1936 and 1979
- 9 mid-century flats built between 1936 and 1979
- 11 other addresses of unknown type
- modern house (2)
- modern flat (4)
- mid-century house (6)
- mid-century flat (9)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (12)
- G (0)
- D (8)
- No EPC (11)
Top 3 Most Expensive Sales
Schools Nearby
- Birchwood Primary School300 m away
- Gorseland Primary School800 m away
- Martlesham Primary Academy1.3 km away
- Kesgrave High School2.1 km away
- Farlingaye High School4.9 km away
- St Alban's Catholic High School5.0 km away
More reading links
Public Transport Nearby
The closest station to IP5 3SB is Woodbridge station, which is 4.5 kilometres away.
- Woodbridge|4.5 km away
- Derby Road (Ipswich)|6.3 km away
- Melton (Suffolk)|6.6 km away
- Westerfield|7.7 km away
