IP12 1AE is a residential postcode located on Old Maltings Court, Melton, Woodbridge, IP12. It is the 977th largest postcode in the IP12 area.
It contains 58 flats and the most common type of property is a modern flat built after 1980.
The average house value is £183,482. Sales values have increased in the last 12 months by 0.3% and Rental values have increased by 5.6%.
Property sale values range from £135,887 for a leasehold flat, with 1 bedrooms split across 344 square feet of gross internal area and has no outside space to £202,705 for a leasehold flat, with 2 bedrooms split across 753 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in IP12 1AE is £297/ft2.
Properties achieve a rental yield of between 5.2% and 5.8%, and rental values range from £647 to £885 per month.
The last sale was 29 Feb 2024 for £165,000 and since then the market in the area as increased by 2.6%. The postcode has had a total of 4 sales since 1995.
IP12 1AE has seen 4 sales in the last three years and 1 sale in the last twelve months.
IP12 1AE is the 977th largest and the 40th most expensive postcode out of the 992 postcodes in the IP12 area.
IP12 1AE is a residential postcode located on Old Maltings Court, Melton, Woodbridge, IP12 with 58 flats within its bounds.
The most common property type in IP12 1AE is a modern flat built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to IP12 1AE is Woodbridge station which is 800 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IP12 1AE, 62.5% of property is privately owned outright and 26.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IP12 1AE, 17.3% of residents are recorded as possessing school level qualifications and 60.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around IP12 1AE, the average age was 47.2 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IP12 1AE, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IP12 1AE, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.