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Melton market report IP12 3, Woodbridge

The standing IP12 3 (Melton) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 1,982 completed sales registered with HM Land Registry in IP12 3 (Woodbridge) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.

Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.

In short: the 2026 median for IP12 3 (Woodbridge) is £280,000, from 17 registered sales, down 10% on five years earlier; the mean is £321,500, and by floor area homes here have averaged about £3,360 per square metre over the last five years. Behind the figures sit 1,982 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.

IP12 3 is one sector of IP12 (Woodbridge): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.

IP12 3 sold prices: where the market stands

Take the 17 registered 2026 sales in IP12 3 and the middle price, the median, is £280,000. The mean lands at £321,500, a little above it, the familiar pattern where pricier homes stretch the average.

House prices per square metre in IP12 3

By floor space, homes in IP12 3 have sold for about £3,360 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.

Against a national (England and Wales) median of £285,000, IP12 3 runs 2% below it.

In cash terms the typical IP12 3 home went from £58,800 in 1995 to £280,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 119%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 34% below it, so a peak-time purchase has yet to recover its real value.

The strongest year on record here is 2002 (+57.9% on the year before); the weakest, 2026 (−19.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Growth per year, over one to twenty years

The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.

Sales activity in IP12 3

IP12 3 recorded 17 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 82 sales a year before the financial crisis and 45 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.

How IP12 3 trades

This is a thin market: 17 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within IP12, this sector trades 15% below the district median: one of its district's cheaper corners.

Rents around IP12 3

For renting purposes IP12 3 sits in East Suffolk. The ONS average private rent there is £834 a month (May 2026). The spread runs from £597 a month for a typical one-bed to £1,332 at four-plus bedrooms, which is size doing most of the pricing.

Set against the £280,000 median sold price, £834 a month is £10,008 a year, a gross yield of 3.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Common questions on IP12 3 (Melton)

Are IP12 3 prices heading up or down?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 10% over five years in cash but down 29% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

IP12's current homes for sale

Moving up a bedroom in IP: the cost

The risers and the fallers

The spread across the IP area is the point: the same five years treated these districts very differently.

Other sectors in IP12

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of IP12, each linking to its own report:

Zoom out to the full IP12 district report for the type split, monthly volumes and how IP12 compares with its neighbours.

Before you sell in IP12 3: what the record supports

Keep digging

The AI answers from the same Land Registry data this report is built on, already scoped to IP12 3. Free after a one click sign in.

The live map plots every individual IP12 3 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.