Grove Hill - IP8 3LU
Key Postcode Insights
IP8 3LU is a residential postcode situated on Grove Hill, Belstead, Ipswich, IP8 with 24 addresses.
It ranks as the 381st largest and 317th 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 24 properties: 24 houses.
- Ave. Sale Price
- £448,145
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £1,933pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
IP8 3LU is a residential postcode situated on Grove Hill, Belstead, Ipswich, IP8 with 24 addresses.
It ranks as the 381st largest and 317th 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 24 properties: 24 houses.
- Ave. Sale Price
- £448,145
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £1,933pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin IP8 3LU
- Aldersyde
4 Bed Early-century House
- Bisenden
House
- Cherry Trees
4 Bed Mid-century House
- Cropley Grove
House
- Cross Trees
5 Bed Mid-century House
Sales Market Trends
The last sale in IP8 3LU sold for £425,000 on 31st March 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £448,145.
The IP8 3LU Sales Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £448,145 |
| June 2025 | 3.2% | £461,973 |
| June 2024 | -4.3% | £447,789 |
| June 2023 | 1.5% | £468,087 |
| June 2022 | 7.4% | £461,164 |
| June 2021 | 7.4% | £429,422 |
| June 2020 | 1.7% | £399,690 |
| June 2019 | -1.2% | £393,078 |
| June 2018 | 8.1% | £397,817 |
| June 2017 | 7.3% | £368,148 |
| June 2016 | 7.7% | £343,084 |
| June 2015 | 12.7% | £318,575 |
| June 2014 | 3.5% | £282,785 |
| June 2013 | 3% | £273,324 |
| June 2012 | 2% | £265,258 |
| June 2011 | 0.2% | £259,947 |
| June 2010 | 10.8% | £259,458 |
| June 2009 | -13.3% | £234,267 |
| June 2008 | -0.8% | £270,271 |
| June 2007 | 0% | £272,433 |
Rental Market Trends
The current average rental value in the postcode is £1,933.
The IP8 3LU Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,933pcm |
| June 2025 | 5.9% | £1,895pcm |
| June 2024 | 5% | £1,790pcm |
| June 2023 | 10.6% | £1,705pcm |
| June 2022 | 8% | £1,542pcm |
| June 2021 | 7.8% | £1,428pcm |
| June 2020 | 1.9% | £1,324pcm |
| June 2019 | 0.6% | £1,300pcm |
| June 2018 | 2.4% | £1,292pcm |
| June 2017 | 3.4% | £1,262pcm |
| June 2016 | 5.3% | £1,221pcm |
| June 2015 | 4.7% | £1,160pcm |
| June 2014 | 1.9% | £1,108pcm |
| June 2013 | 4.1% | £1,087pcm |
| June 2012 | 1.6% | £1,045pcm |
| June 2011 | 4.1% | £1,028pcm |
| June 2010 | 5.5% | £987pcm |
| June 2009 | -8.4% | £936pcm |
| June 2008 | 1.9% | £1,022pcm |
| June 2007 | 0% | £1,002pcm |
Sales History
The last sale was on 31st March 2025 for £425,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 29 sales since 1995.
IP8 3LU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£425,000 | 3 Bed HouseJubilee Bungalow, Grove Hill, Ipswich, IP8 3LUJubilee Bungalow, Grove Hill, Ipswich, IP8 3LU
- Sold Sep 2020£402,500 | 4 Bed HouseWayside, Grove Hill, Ipswich, IP8 3LUWayside, Grove Hill, Ipswich, IP8 3LU
- Sold Dec 2019£235,000 | 4 Bed HouseAldersyde, Grove Hill, Ipswich, IP8 3LUAldersyde, Grove Hill, Ipswich, IP8 3LU
- Sold Oct 2019£405,000 | 3 Bed HouseThe Bogan, Grove Hill, Ipswich, IP8 3LUThe Bogan, Grove Hill, Ipswich, IP8 3LU
- Sold Jun 2017£520,000 | 5 Bed HouseCross Trees, Grove Hill, Ipswich, IP8 3LUCross Trees, Grove Hill, Ipswich, IP8 3LU
Nearby Postcodes
IP8 3LU is the 381st largest and the 317th most expensive postcode out of the 457 postcodes in the IP8 area.
- IP8 3NP, Mill Farm Place, Belstead, Ipswich, IP8IP8 3NP6 Addresses|41 m away
- IP8 3LP, Grove Hill, Belstead, Ipswich, IP8IP8 3LP13 Addresses|58 m away
- IP8 3LR, Chapel Lane, Belstead, Ipswich, IP8IP8 3LR23 Addresses|112 m away
- IP8 3LS, Grove Hill, Belstead, Ipswich, IP8IP8 3LS4 Addresses|174 m away
- IP8 3GL, Bucks Horn Place, Belstead, Ipswich, IP8IP8 3GL5 Addresses|239 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 modern houses built after 1980
- 7 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- period house (1)
- modern house (3)
- mid-century house (7)
- house (1)
- early-century house (3)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is E.
- A (0)
- E (9)
- B (0)
- F (2)
- C (0)
- G (1)
- D (2)
- No EPC (10)
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 School1.7 km away
- Sprites Primary Academy1.9 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 3LU 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
