IP7 5LZ is a residential postcode located on The Street, Lower Layham, Ipswich, IP7. It is the 413th largest postcode in the IP7 area.
It contains 10 houses and the most common type of property is a period house built between 1800 and 1911.
The average house value is £559,671. Sales values have decreased in the last 12 months by 4.5% and Rental values have increased by 3.2%.
Property sale values range from £272,984 for a freehold house, with 4 bedrooms split across 1,335 square feet of gross internal area and has a garden to £735,829 for a freehold house, with 5 bedrooms split across 2,323 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IP7 5LZ is £368/ft2.
Properties achieve a rental yield of between 3.2% and 5%, and rental values range from £1,145 to £2,010 per month.
The last sale was 16 Nov 2007 for £200,000 and since then the market in the area as increased by 59.5%. The postcode has had a total of 3 sales since 1995.
IP7 5LZ has seen no sales in the last three years and no sales in the last twelve months.
IP7 5LZ is the 413th largest and the 491st most expensive postcode out of the 673 postcodes in the IP7 area.
IP7 5LZ is a residential postcode located on The Street, Lower Layham, Ipswich, IP7 with 10 houses within its bounds.
The most common property type in IP7 5LZ is a period house built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to IP7 5LZ is Manningtree station which is 10.2 km 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 IP7 5LZ, 48.9% of property is privately owned outright and 25.9% 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 IP7 5LZ, 15.0% of residents are recorded as possessing school level qualifications and 39.4% 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 IP7 5LZ, the average age was 47.8 and the most common age was 62.
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 IP7 5LZ, 0.9% 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 IP7 5LZ, 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.