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House Prices in IP8 House Prices in IP8 (Ipswich)

The average house price in IP8 (Ipswich) is £267,812 using HM Land Registry data.

The average property price increased by £33,634 (41.74%) over the last 5 years and increased by £6,739 (5.69%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 19 transactions (-16.38%) relative to the previous year. The majority of house sales (33) were in the £222,000 - £284,000 range. Then came properties in the £284,000 - £346,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 131 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,686 (-1%).

In Dec 24, there were 19 new estate agency instructions, 13 agreed home sales and 11 property price reductions.

Nearby Postcodes: , CB7, CB8, CO10, CO11, CO16, CO2, CO4, CO5, CO6, CO7, 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, IP4, IP5, IP6, IP7, IP9, IP98, NR15, NR16, NR17, NR19, NR34, NR35, NR9, PE32, PE33, PE37, PE38

5-Year Average Property Prices in IP8 (Ipswich)

41.74%

Property prices in Ipswich increased by 41.74% 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 IP8 (Ipswich) Over the Last Year

5.69%

Property prices in Ipswich increased by 5.69% 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 IP8 (Ipswich) - Dec 24

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 IP8 (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 IP8 (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 IP8 (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 IP8 (Ipswich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP8 postcode area since 1995.

Recent Sales in IP8 (Ipswich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Coles Green House, Chattisham Road, Washbrook, Ipswich, Suffolk, IP8 3HB£900,000£845,000-£55,00007 May 202430 Oct 2024176 Days
57 Skipper Road, Pinewood, Ipswich, Suffolk, IP8 3QU£385,000£370,000-£15,00010 Apr 202418 Oct 2024191 Days
3 Bramblewood, Ipswich, Suffolk, IP8 3RS£350,000£340,000-£10,00023 May 202404 Oct 2024134 Days
Campion, Chapel Lane, Belstead, Ipswich, Suffolk, IP8 3LR£415,000£415,000£0012 Jul 202420 Sep 202470 Days
31 Broad Meadow, Ipswich, Suffolk, IP8 3SP£250,000£240,000-£10,00011 Jun 202409 Sep 202490 Days
68 Leggatt Drive, Bramford, Ipswich, Suffolk, IP8 4EY£290,000£285,000-£5,00026 Oct 202323 Aug 2024302 Days
52 Wilding Road, Ipswich, Suffolk, IP8 3SG£225,000£210,000-£15,00019 Mar 202416 Aug 2024150 Days
66 Springfield Road, Lower Somersham, Ipswich, Suffolk, IP8 4PQ£250,000£227,500-£22,50028 Feb 202414 Aug 2024168 Days
8 Black Barn Close, Lower Somersham, Ipswich, Suffolk, IP8 4PX£250,000£245,000-£5,00024 Jan 202408 Aug 2024197 Days
6 Bishop Mews, Ipswich, Suffolk, IP8 3SY£210,000£210,000£0012 Jan 202422 Jul 2024192 Days
19 Holly Blue Close, Pinewood, Ipswich, Suffolk, IP8 3TD£240,000£227,500-£12,50014 Feb 202412 Jul 2024149 Days
14 Grayling Road, Pinewood, Ipswich, Suffolk, IP8 3NG£230,000£227,500-£2,50026 Jan 202427 Jun 2024153 Days
3 Gatekeeper Close, Pinewood, Ipswich, Suffolk, IP8 3NQ£230,000£228,000-£2,00022 Jan 202407 Jun 2024137 Days
6 Church Acre, Flowton, Ipswich, Suffolk, IP8 4LL£350,000£345,000-£5,00008 Mar 202407 Jun 202491 Days
21 Dashwood Close, Ipswich, Suffolk, IP8 3SR£295,000£292,000-£3,00007 Nov 202324 May 2024199 Days
25 Springtail Road, Pinewood, Ipswich, Suffolk, IP8 3UA£340,000£340,000£0014 Feb 202424 May 2024100 Days
6 Springtail Road, Pinewood, Ipswich, Suffolk, IP8 3UA£340,000£328,000-£12,00025 Oct 202327 Mar 2024154 Days
62 The Street, Bramford, Ipswich, Suffolk, IP8 4EB£190,000£185,000-£5,00018 Oct 202322 Mar 2024156 Days
The Cottage, The Street, Copdock, Ipswich, Suffolk, IP8 3HS£249,950£249,950£0003 Nov 202322 Mar 2024140 Days
9 Tye Lane, Willisham, Ipswich, Suffolk, IP8 4SR£425,000£420,000-£5,00030 Oct 202304 Mar 2024126 Days

Most Expensive Streets in IP8 (Ipswich)

PostcodeStreetAreaAverageNo. of Sales
IP8 3FEMoyes Place, BelsteadIpswich£751,1119
IP8 3NXPriory Road, HintleshamIpswich£695,8333
IP8 4BLHillcrest Approach, BramfordIpswich£643,3333
IP8 3JQFolly Lane, CopdockIpswich£596,5008
IP8 3NJSilver Hill, HintleshamIpswich£585,0006
IP8 4SFOfftonIpswich£537,5004
IP8 4JHBullen Lane, BramfordIpswich£505,0003
IP8 3QPManor Farm Grove, HintleshamIpswich£503,30713
IP8 4BHHibbard Road, BramfordIpswich£478,3333
IP8 3NHGeorge Street, HintleshamIpswich£470,0005

Least Expensive Streets in IP8 (Ipswich)

PostcodeStreetAreaAverageNo. of Sales
IP8 4BFPaper Mill Lane, BramfordIpswich£112,3336
IP8 3AJSproughton Court, SproughtonIpswich£145,14214
IP8 3RRAcer GroveIpswich£172,4166
IP8 4DWAcorn House, Paper Mill LaneIpswich£179,9005
IP8 3AHHigh Street, SproughtonIpswich£183,0006
IP8 3RHYew Tree Rise, PinewoodIpswich£184,58312
IP8 3RJYew Tree Rise, PinewoodIpswich£187,1254
IP8 3RLSycamore CloseIpswich£188,00012
IP8 4EDThe Street, BramfordIpswich£193,1663
IP8 3SYBishop MewsIpswich£198,0004

Explore IP8 (Ipswich) using map

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