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IP5 3TH
Home, House Prices, Lancaster Drive, East Suffolk, East of England
IP5 3TH

Lancaster Drive - IP5 3TH

Last updated Jul 2026

Key Postcode Insights

IP5 3TH is a residential postcode situated on Lancaster Drive, Martlesham Heath, Ipswich, IP5 with 3 addresses.

It ranks as the 164th largest and 1299th most expensive of the 1,345 postcodes in the IP5 area. The most common property type is a modern house built after 1980.

The postcode contains a total of 3 properties: 3 houses.

Ave. Sale Price
£588,586
10 Year change
up 26.4%
Ave. Rental Price
£2,067pcm
10 Year change
up 53.1%
Ave. £ per ft²
£430/ft²
Ave. Gross Yield
4.2%/year/yr
All figures are subject to T&Cs
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Explore Propertiesin IP5 3TH

House
1 houses
Group
0 flats

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Sales Market Trends

The last sale in IP5 3TH sold for £575,000 on 16th March 2021. Since then prices are up an average of 6.7%.

The current average value in the postcode is £588,586.
The IP5 3TH Sales Market has increased by 26.4% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-3.4%£588,586
June 20250.7%£609,145
June 2024-3.5%£604,927
June 20230.8%£626,606
June 20229.9%£621,651
June 20217.5%£565,501
June 20201.4%£526,075
June 20190.7%£519,062
June 20183.9%£515,229
June 20176.4%£495,703
June 20167.5%£465,789
June 20158.1%£433,418
June 20146.3%£400,784
June 20132.9%£377,125
June 20120.5%£366,348
June 20110.6%£364,431
June 201011%£362,129
June 2009-8.4%£326,196
June 2008-3.2%£356,177
June 20070%£368,083
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Rental Market Trends

The current average rental value in the postcode is £2,067.
The IP5 3TH Rental Market has increased by 53.1% over the last 10 years.

PeriodYear on YearAverage Price
June 20261.4%£2,067pcm
June 20255.3%£2,038pcm
June 20244.9%£1,935pcm
June 20237.5%£1,845pcm
June 20229.4%£1,716pcm
June 20216.3%£1,569pcm
June 20203.4%£1,476pcm
June 20191%£1,427pcm
June 20181.8%£1,414pcm
June 20172.9%£1,389pcm
June 20164.8%£1,350pcm
June 20154.7%£1,289pcm
June 20142.4%£1,230pcm
June 20132.4%£1,201pcm
June 20122.9%£1,172pcm
June 20114.7%£1,140pcm
June 20105.2%£1,089pcm
June 2009-5.9%£1,036pcm
June 20082%£1,101pcm
June 20070%£1,079pcm
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Sales History

The last sale was on 16th March 2021 for £575,000 and since then the market in the area has increased by 6.7%. The postcode has had a total of 3 sales since 1995.

IP5 3TH has seen no sales in the last three years and no sales in the last twelve months.

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Nearby Postcodes

IP5 3TH is the 164th largest and the 1299th most expensive postcode out of the 1,345 postcodes in the IP5 area.

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Property Types

  • 1 modern house built after 1980
  • 2 other addresses of unknown type
  • modern house (1)
  • Unknown (2)
Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys conducted for 1 property.
  • The most common rating is D.
  • A (0)
  • E (0)
  • B (0)
  • F (0)
  • C (0)
  • G (0)
  • D (1)
  • No EPC (2)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to IP5 3TH is Birchwood Primary School, which is 800 metres away.
  • Birchwood Primary School
    800 m away
  • Gorseland Primary School
    1.3 km away
  • Martlesham Primary Academy
    2.0 km away
The nearest secondary school is Kesgrave High School, which is 2.5 kilometres away.
  • Kesgrave High School
    2.5 km away
  • St Alban's Catholic High School
    5.2 km away
  • Farlingaye High School
    5.5 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to IP5 3TH is Woodbridge station, which is 5.0 kilometres away.

  • Woodbridge
    |
    5.0 km away
  • Derby Road (Ipswich)
    |
    6.3 km away
  • Melton (Suffolk)
    |
    7.1 km away
  • Westerfield
    |
    8.0 km away
Source: National Rail
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