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House Prices in IP4 House Prices in IP4 (Ipswich)

The average house price in IP4 (Ipswich) is £246,117 using HM Land Registry data.

The average property price increased by £82,460 (15.12%) over the last 5 years and increased by £16,485 (2.46%) over the last 12 months.

Over the last year, there were 391 residential property sales – a decrease of 144 transactions (-36.83%) relative to the previous year. The majority of house sales (128) were in the £212,000 - £284,000 range. Then came properties in the £140,000 - £212,000 range, where 77 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,039 (-2%).

In June 2024, there were 68 new estate agency instructions, 67 agreed home sales and 44 property price reductions.

Nearby Postcodes: CB7, CB8, CO10, IP1, IP10, IP11, IP12, IP13, IP14, IP15, IP16, IP17, IP18, IP19, IP2, IP20, IP21, IP22, IP23, IP24, IP25, IP26, IP27, IP28, IP29, IP3, IP30, IP31, IP32, IP33, IP5, IP6, IP7, IP8, IP9, NR15, NR16, NR17, NR19, NR34, NR35, NR9, PE32, PE33, PE37, PE38

5-Year Average Property Prices in IP4 (Ipswich)

15.12%

Property prices in Ipswich increased by 15.12% 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 IP4 (Ipswich) Over the Last Year

2.46%

Property prices in Ipswich increased by 2.46% 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 IP4 (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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 IP4 (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 IP4 (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 IP4 (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 IP4 (Ipswich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP4 postcode area since 1995.

Recent Sales in IP4 (Ipswich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Kinross Road, Ipswich, Suffolk, IP4 3PL£270,000£255,000-£15,00019 Sep 202310 May 2024234 Days
834 Foxhall Road, Ipswich, Suffolk, IP4 5TP£435,000£430,000-£5,00031 Oct 202315 Apr 2024167 Days
243 Tuddenham Road, Ipswich, Suffolk, IP4 3BG£525,000£525,000£0026 Sep 202315 Apr 2024202 Days
26 Newbury Road, Ipswich, Suffolk, IP4 5EX£240,000£232,000-£8,00010 Jan 202411 Apr 202492 Days
62 Reading Road, Ipswich, Suffolk, IP4 4NR£210,000£210,000£0023 Jan 202411 Apr 202479 Days
31 Rope Walk, Ipswich, Suffolk, IP4 1NA£119,500£115,000-£4,50017 Mar 201505 Apr 20243307 Days
919 Woodbridge Road, Ipswich, Suffolk, IP4 4NX£250,000£248,000-£2,00019 Oct 202305 Apr 2024169 Days
3 Parnham Place, Rushmere St Andrew, Ipswich, Suffolk, IP4 5QW£370,000£356,000-£14,00017 Jan 202405 Apr 202479 Days
69 Grove Lane, Ipswich, Suffolk, IP4 1NZ£199,995£187,000-£12,99502 Feb 202402 Apr 202460 Days
86 Woodbridge Road East, Ipswich, Suffolk, IP4 5PH£199,995£119,510-£80,48502 Apr 201102 Apr 20244749 Days
76 Rushmere Road, Ipswich, Suffolk, IP4 4JZ£350,000£342,000-£8,00027 Oct 202328 Mar 2024153 Days
56 Finbars Walk, Ipswich, Suffolk, IP4 1HY£115,000£110,000-£5,00007 Nov 202327 Mar 2024141 Days
48 Oxford Road, Ipswich, Suffolk, IP4 1NL£240,000£221,000-£19,00031 May 202325 Mar 2024299 Days
23 Howard Street, Ipswich, Suffolk, IP4 4PL£265,000£263,000-£2,00020 Jul 202322 Mar 2024246 Days
2 Randwell Close, Ipswich, Suffolk, IP4 5ES£270,000£249,950-£20,05002 Oct 202315 Mar 2024165 Days
1 Coronation Road, Ipswich, Suffolk, IP4 5EN£200,000£195,000-£5,00025 Oct 202313 Mar 2024140 Days
4 Lawford Place, Rushmere St Andrew, Ipswich, Suffolk, IP4 5QR£435,000£427,500-£7,50016 Oct 202308 Mar 2024144 Days
10 Millfield Gardens, Ipswich, Suffolk, IP4 4PQ£110,000£105,000-£5,00015 Jun 202308 Mar 2024267 Days
241 Heath Road, Ipswich, Suffolk, IP4 5ST£300,000£295,000-£5,00029 Aug 202309 Feb 2024164 Days
84 Freehold Road, Ipswich, Suffolk, IP4 5HY£195,000£188,000-£7,00030 Sep 202309 Feb 2024132 Days

Most Expensive Streets in IP4 (Ipswich)

PostcodeStreetAreaAverageNo. of Sales
IP4 2UUWesterfield RoadIpswich£851,2504
IP4 2UJWesterfield RoadIpswich£824,4064
IP4 3LTRushmere RoadIpswich£746,6663
IP4 2SPTuddenham RoadIpswich£736,2504
IP4 2STVermont CrescentIpswich£652,1005
IP4 2UZConstable RoadIpswich£646,2504
IP4 2UXManor RoadIpswich£633,7504
IP4 5RJPlayford Road, Rushmere St AndrewIpswich£630,0003
IP4 2TETuddenham RoadIpswich£620,8754
IP4 3AJValley RoadIpswich£596,6663

Least Expensive Streets in IP4 (Ipswich)

PostcodeStreetAreaAverageNo. of Sales
IP4 2DLChristchurch StreetIpswich£57,0003
IP4 4HNSycamore House, Oakstead CloseIpswich£65,54112
IP4 2DBTudor PlaceIpswich£82,0004
IP4 2DQChristchurch CourtIpswich£85,59011
IP4 5JSSt Johns CourtIpswich£90,15616
IP4 1JZFore StreetIpswich£97,6254
IP4 4HJBurnham Lodge, Oakstead CloseIpswich£103,2005
IP4 1HDCarr StreetIpswich£103,5004
IP4 5JUBritannia RoadIpswich£105,5003
IP4 4HWOakstead CloseIpswich£106,3754

Explore IP4 (Ipswich) using map

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