FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in IP2

House Prices in IP2 House Prices in IP2 (Ipswich)

The average house price in IP2 (Ipswich) is £202,444 using HM Land Registry data.

The average property price increased by £58,467 (35.72%) over the last 5 years and increased by £11,688 (5.06%) over the last 12 months.

Over the last year, there were 245 residential property sales – a decrease of 158 transactions (-64.49%) relative to the previous year. The majority of house sales (71) were in the £224,000 - £266,000 range. Then came properties in the £182,000 - £224,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,850 (-2%).

In June 2024, there were 54 new estate agency instructions, 47 agreed home sales and 42 property price reductions.

Nearby Postcodes: , CB7, CB8, CO10, CO11, CO7, IP1, IP10, IP11, IP12, IP13, IP14, IP15, IP16, IP17, IP18, IP19, IP20, IP21, IP22, IP23, IP24, IP25, IP26, IP27, IP28, IP29, IP3, IP30, IP31, IP32, IP33, IP4, IP5, IP6, IP7, IP8, IP9, IP98, NR15, NR16, NR17, NR19, NR34, NR35, NR9, PE32, PE33, PE37, PE38

5-Year Average Property Prices in IP2 (Ipswich)

35.72%

Property prices in Ipswich increased by 35.72% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in IP2 (Ipswich) Over the Last Year

5.06%

Property prices in Ipswich increased by 5.06% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for IP2 (Ipswich) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in IP2 (Ipswich)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in IP2 (Ipswich)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in IP2 (Ipswich)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the IP2 (Ipswich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP2 postcode area since 1995.

Recent Sales in IP2 (Ipswich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Bradley Street, Ipswich, Suffolk, IP2 8DU£145,000£137,500-£7,50014 Feb 202420 May 202496 Days
De Winters Lodge, Hadleigh Road, Ipswich, Suffolk, IP2 0BT£300,000£270,000-£30,00015 Jan 202430 Apr 2024106 Days
6 Cardiff Avenue, Ipswich, Suffolk, IP2 8QQ£140,000£133,000-£7,00025 Sep 202329 Apr 2024217 Days
60 Glastonbury Close, Ipswich, Suffolk, IP2 9EE£230,000£220,000-£10,00017 Oct 202329 Apr 2024195 Days
23 Croft Street, Ipswich, Suffolk, IP2 8EF£190,000£190,000£0027 Nov 202325 Apr 2024150 Days
6 Radcliffe Drive, Ipswich, Suffolk, IP2 9QU£230,000£220,000-£10,00029 Jan 202422 Apr 202484 Days
32 Byland Close, Ipswich, Suffolk, IP2 9BQ£260,000£253,000-£7,00010 Jan 202419 Apr 2024100 Days
120 Maidenhall Approach, Ipswich, Suffolk, IP2 8PF£240,000£233,000-£7,00016 Nov 202312 Apr 2024148 Days
67 Radcliffe Drive, Ipswich, Suffolk, IP2 9RB£240,000£232,500-£7,50024 Oct 202328 Mar 2024156 Days
19 Maple Close, Ipswich, Suffolk, IP2 0PB£269,000£267,000-£2,00026 Sep 202327 Mar 2024183 Days
51 Shamrock Avenue, Ipswich, Suffolk, IP2 0NN£205,000£205,000£0008 Nov 202322 Mar 2024135 Days
69 Eccles Road, Ipswich, Suffolk, IP2 9RE£300,000£300,000£0024 Aug 202315 Mar 2024204 Days
9 Collinsons, Ipswich, Suffolk, IP2 0DS£470,000£460,000-£10,00031 Jul 202308 Mar 2024221 Days
22 Wallers Grove, Ipswich, Suffolk, IP2 0LN£220,000£220,000£0012 Oct 202308 Mar 2024148 Days
25 Wigmore Close, Ipswich, Suffolk, IP2 9SW£240,000£240,000£0011 Oct 202304 Mar 2024145 Days
12 Hawthorn Drive, Ipswich, Suffolk, IP2 0PA£200,000£200,000£0009 Aug 202301 Mar 2024205 Days
27 Croft Street, Ipswich, Suffolk, IP2 8EF£160,000£140,000-£20,00019 Jul 202312 Feb 2024208 Days
1 Bluebell Close, Ipswich, Suffolk, IP2 0NJ£230,000£230,000£0004 Sep 202309 Feb 2024158 Days
25 Manchester Road, Ipswich, Suffolk, IP2 9PS£220,000£215,000-£5,00016 Oct 202305 Feb 2024112 Days
6 Leicester Close, Ipswich, Suffolk, IP2 9EX£250,000£235,000-£15,00001 Sep 202305 Feb 2024157 Days

Most Expensive Streets in IP2 (Ipswich)

PostcodeStreetAreaAverageNo. of Sales
IP2 9ALOak Hill LaneIpswich£711,6663
IP2 9ASQueenscliffe RoadIpswich£584,1254
IP2 0DGElton Park Hadleigh RoadIpswich£570,5836
IP2 9PFStone Lodge LaneIpswich£553,5004
IP2 9DWBelstead RoadIpswich£464,7504
IP2 9PDGrantham CrescentIpswich£426,0004
IP2 9RTWardley CloseIpswich£421,5004
IP2 9AJAncaster RoadIpswich£411,4449
IP2 0DTDaundy CloseIpswich£394,0003
IP2 8NQBourne Hill, WhersteadIpswich£380,0004

Least Expensive Streets in IP2 (Ipswich)

PostcodeStreetAreaAverageNo. of Sales
IP2 8ARLonsdale, Belstead RoadIpswich£55,0006
IP2 0UJThe Spectrum, Dunlop RoadIpswich£67,2504
IP2 8JSRapier StreetIpswich£89,3758
IP2 8JRWherstead RoadIpswich£95,0357
IP2 8HHPurplett StreetIpswich£99,6005
IP2 9QPHale CloseIpswich£99,7506
IP2 9SYHeatherhayesIpswich£105,0005
IP2 8EUStokebridge MaltingsIpswich£109,41612
IP2 9DDHeatherhayesIpswich£112,5004
IP2 8NXMaidenhall ApproachIpswich£118,3754

Explore IP2 (Ipswich) using map

Sell Your
House Fast
Property Auctions Ipswich
Property Auctions Ipswich
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark