Property trends for IP12

    IP12 covers the coastal and rural areas around Felixstowe and Saxmundham in Suffolk, sitting on the county's eastern edge. The district blends seaside towns with quieter countryside villages, attracting both retirees and families seeking a quieter pace of life.

    At a Glance

    Average Property Price - IP12

    £415,004

    71

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - IP

    £975

    44

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - IP12

    £42,793

    69

    National percentile

    2023 census data

    Flat / Maisonette Yield - IP

    6.1%

    64

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - IP12

    3.0%

    45

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - IP

    4.2%

    64

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — IP12

    Top 5 streets in IP12 ranked by 3-year average sale price.

    #Street3Y Avg
    1The Grove£1,445,000
    2Raydon Lane£1,338,000
    3Market Hill£1,313,750
    4Leeks Hill£1,295,000
    5Lower Haugh Lane£1,290,000

    Latest Rent — IP12

    Property Price & Volume Trends

    The latest average property price in IP12 is £413,000, placing it among the more expensive areas nationally. However, annual price growth over the past decade has averaged just 3.1%, well below the national rate of expansion. Transaction activity has softened: 374 sales were recorded in the latest full year, compared with a 10-year average of 442, suggesting a less buoyant market than its recent history.

    Rent & Yield Trends

    Average monthly rent across the broader IP postcode area stands at £957, slightly below the national median. Rental growth has been a bright spot, climbing at 4.3% annually over ten years—faster than most areas nationally. The flat yield has improved notably, now standing at 5.5% compared with a 10-year average of 4.4%, reflecting a better income proposition for landlords in recent years.

    Income & Affordability Trends

    Average household income in the area is £42,793, placing it above the national average. However, affordability has tightened considerably: the price-to-income ratio now stands at 10.6x, up significantly from 8.3x in 2016, making purchase increasingly demanding relative to local earnings. Rental affordability has also declined, with rent now consuming 24.5% of income versus 21.4% in 2016.

    Resident Demographic Profile

    The population is notably older than average: those aged 65 and over comprise 27% of residents, compared with 19.6% nationally, while under-16s and young adults aged 16–24 are both underrepresented. Housing tenure is heavily weighted toward outright ownership at 44.5%, far above the national 33.7%, reflecting the area's appeal to older owner-occupiers. The employment mix leans toward managers and technical roles, which together are slightly elevated compared to national norms.

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