IP27 (Brandon) area guide

IP27
Brandon
The IP27 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Brandon, Brandon East, Brandon West, Denton, Eriswell, Eriswell and The Rows, Lakenheath, Little Eriswell, Norfolk, Raf Lakenheath, Santon Downham, Sedge Fen, Suffolk, Wangford, Weeting.
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Notes:

A Mouseprice property guide for IP27 Brandon is coming soon. In the meantime, please have a look at the raw data and statistics about IP27 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Ipswich propertyThe size of the property market in IP27 is 8245 homes.

Ipswich propertyGiven that the nominal growth rate in this postcode district (IP27) has been about 8% over the last 5 years, it would be reasonable to assume that this issomewhere where the economy cannot support property price growth above the national average. This could be because the area is very rural or is recovering from industrial decline and doesn’t offer sufficient employment opportunities or local amenities to induce people to move to the area. However, areas of this type tend to offer reasonable transport to other places in the vicinity and so benefit from secondary economic growth as the effects of a successful regional hub emanate outwards.

Ipswich propertyDuring the last 3 months, property in this postcode district has averaged a value of £137750.

Ipswich propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 7.1.

Ipswich propertyNew transactions as a percentage of overall sales are 9.6%.

Housing stock:

Brandon propertyIf you are specifically looking to buy Detached Houses, this would be an excellent area for you to explore, with 43.7% of properties being this type.

Brandon propertyFlats account for the lowest percentage of the housing stock in this district, at only 7.8%.

Brandon propertyThis is an area with a high proportion of property suitable for families with children.

Brandon propertySocially rented accommodation represents 11.2% of the total rented accommodation in the area.

Brandon propertyThe majority of property in this area is owner occupied.

Brandon propertyThe average price of a two bed property in this area is less that the national average of £187894 at £146695.

Who lives here:

Brandon propertyThe population of this postcode district is 19180.
Brandon propertyThe average age in this area is 34.
Brandon propertyThis area has a high percentage of married people at 23.7%.
Brandon propertyPeople here work very hard – men work, on average, 45 hours per week, whilst women work for 12 hours less.
Brandon propertyThis area has 1.2 people per square kilometre.
Brandon propertyJob prospects in this area are good with low unemployment (1.9%). Most jobs are found in the Health & Social Work and Wholesale & Retail sectors.

Santon Downham is a very leafy, green village located in the heart of Thetford Forest in Suffolk. The village hall was replaced with a new building in 2004, and village life is centred largely around this, and the village pub. It is regarded as a picturesque village, especially its church and village green.