Grove Hill - IP8 3LP
Key Postcode Insights
IP8 3LP is a residential postcode situated on Grove Hill, Belstead, Ipswich, IP8 with 13 addresses.
It ranks as the 299th largest and 266th most expensive of the 457 postcodes in the IP8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £393,269
- 10 Year change
- up 31.0%
- Ave. Rental Price
- £1,761pcm
- 10 Year change
- up 58.8%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
IP8 3LP is a residential postcode situated on Grove Hill, Belstead, Ipswich, IP8 with 13 addresses.
It ranks as the 299th largest and 266th most expensive of the 457 postcodes in the IP8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £393,269
- 10 Year change
- up 31.0%
- Ave. Rental Price
- £1,761pcm
- 10 Year change
- up 58.8%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin IP8 3LP
- Belgrove
Unknown
- Cloverbud
Unknown
- Gable End
4 Bed Mid-century House
- Greenacre
3 Bed Mid-century House
- Hunters Lodge
4 Bed House
Sales Market Trends
The last sale in IP8 3LP sold for £350,000 on 3rd February 2026. Since then prices are down an average of 0.2%.
The current average value in the postcode is £393,269.
The IP8 3LP Sales Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £393,269 |
| June 2025 | 3.4% | £404,098 |
| June 2024 | -4.4% | £390,878 |
| June 2023 | 1.4% | £408,887 |
| June 2022 | 7.4% | £403,127 |
| June 2021 | 7.5% | £375,477 |
| June 2020 | 1.4% | £349,420 |
| June 2019 | -1.3% | £344,718 |
| June 2018 | 8.3% | £349,242 |
| June 2017 | 7.4% | £322,391 |
| June 2016 | 8% | £300,220 |
| June 2015 | 12.7% | £278,008 |
| June 2014 | 3.8% | £246,631 |
| June 2013 | 2.9% | £237,520 |
| June 2012 | 2.1% | £230,865 |
| June 2011 | 0% | £226,185 |
| June 2010 | 10.6% | £226,124 |
| June 2009 | -13.7% | £204,489 |
| June 2008 | -0.8% | £236,936 |
| June 2007 | 0% | £238,927 |
Rental Market Trends
The current average rental value in the postcode is £1,761.
The IP8 3LP Rental Market has increased by 58.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,761pcm |
| June 2025 | 6.1% | £1,721pcm |
| June 2024 | 4.9% | £1,622pcm |
| June 2023 | 10.5% | £1,547pcm |
| June 2022 | 7.9% | £1,399pcm |
| June 2021 | 7.8% | £1,296pcm |
| June 2020 | 1.6% | £1,202pcm |
| June 2019 | 0.5% | £1,184pcm |
| June 2018 | 2.6% | £1,177pcm |
| June 2017 | 3.4% | £1,147pcm |
| June 2016 | 5.5% | £1,109pcm |
| June 2015 | 4.7% | £1,051pcm |
| June 2014 | 2.3% | £1,004pcm |
| June 2013 | 3.9% | £981pcm |
| June 2012 | 1.6% | £944pcm |
| June 2011 | 4% | £929pcm |
| June 2010 | 5.3% | £894pcm |
| June 2009 | -8.8% | £848pcm |
| June 2008 | 1.9% | £930pcm |
| June 2007 | 0% | £913pcm |
Sales History
The last sale was on 3rd February 2026 for £350,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 8 sales since 1995.
IP8 3LP has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£350,000 | 3 Bed HouseGreenacre, Grove Hill, Ipswich, IP8 3LPGreenacre, Grove Hill, Ipswich, IP8 3LP
- Sold Feb 2022£537,500 | 4 Bed HouseGable End, Grove Hill, Ipswich, IP8 3LPGable End, Grove Hill, Ipswich, IP8 3LP
- Sold Dec 2017£480,000 | 4 Bed HouseMelrose, Grove Hill, Ipswich, IP8 3LPMelrose, Grove Hill, Ipswich, IP8 3LP
- Sold Feb 2017£395,000 | 4 Bed HouseGable End, Grove Hill, Ipswich, IP8 3LPGable End, Grove Hill, Ipswich, IP8 3LP
- Sold Oct 2013£315,000 | 4 Bed HouseGable End, Grove Hill, Ipswich, IP8 3LPGable End, Grove Hill, Ipswich, IP8 3LP
Nearby Postcodes
IP8 3LP is the 299th largest and the 266th most expensive postcode out of the 457 postcodes in the IP8 area.
- IP8 3LU, Grove Hill, Belstead, Ipswich, IP8IP8 3LU24 Addresses|58 m away
- IP8 3LR, Chapel Lane, Belstead, Ipswich, IP8IP8 3LR23 Addresses|76 m away
- IP8 3NP, Mill Farm Place, Belstead, Ipswich, IP8IP8 3NP6 Addresses|92 m away
- IP8 3LS, Grove Hill, Belstead, Ipswich, IP8IP8 3LS4 Addresses|211 m away
- IP8 3FE, Moyes Place, Belstead, Ipswich, IP8IP8 3FE9 Addresses|273 m away
Property Types
- 1 period house built between 1800 and 1911
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- period house (1)
- mid-century house (5)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (1)
- D (2)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Aug 2006£675,000 | 5 Bed HousePine Lodge, Grove Hill, Ipswich, IP8 3LUPine Lodge, Grove Hill, Ipswich, IP8 3LU
- Sold Feb 2022£537,500 | 4 Bed HouseGable End, Grove Hill, Ipswich, IP8 3LPGable End, Grove Hill, Ipswich, IP8 3LP
- Sold Jun 2017£520,000 | 5 Bed HouseCross Trees, Grove Hill, Ipswich, IP8 3LUCross Trees, Grove Hill, Ipswich, IP8 3LU
Schools Nearby
- Gusford Community Primary School1.4 km away
- Copdock Primary School1.6 km away
- Sprites Primary Academy1.8 km away
- Chantry Academy2.5 km away
- Stoke High School - Ormiston Academy3.4 km away
- Westbourne Academy5.3 km away
More reading links
Public Transport Nearby
The closest station to IP8 3LP is Ipswich station, which is 3.6 kilometres away.
- Ipswich|3.6 km away
- Derby Road (Ipswich)|5.8 km away
- Westerfield|7.2 km away
- Mistley|9.5 km away
