You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in IP8

House Prices in IP8

The average house price in IP8 (Ipswich) is £254,250 using HM Land Registry data.

The average property price increased by £68,640 (41.74%) over the last 5 years and increased by £13,722 (5.69%) over the last 12 months.

Over the last year, there were 96 residential property sales – a decrease of 71 transactions (-73.96%) relative to the previous year. The majority of house sales (33) were in the £248,000 - £336,000 range. Then came properties in the £160,000 - £248,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,055 (-2%).

In June 2024, there were 41 new estate agency instructions, 20 agreed home sales and 25 property price reductions.

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.

Property Market Heat Gauge for IP8 (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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Springtail Road, Pinewood, Ipswich, Suffolk, IP8 3UA	£340,000	£328,000	-£12,000	25 Oct 2023	27 Mar 2024	154 Days
62 The Street, Bramford, Ipswich, Suffolk, IP8 4EB	£190,000	£185,000	-£5,000	18 Oct 2023	22 Mar 2024	156 Days
13 Glebe Close, Sproughton, Ipswich, Suffolk, IP8 3BQ	£315,000	£310,000	-£5,000	27 Nov 2023	09 Feb 2024	74 Days
11 Admiral Road, Pinewood, Ipswich, Suffolk, IP8 3PH	£230,000	£222,500	-£7,500	18 Aug 2023	19 Dec 2023	123 Days
49 Vale View Road, Sproughton, Ipswich, Suffolk, IP8 3FS	£400,000	£400,000	£00	21 Jun 2023	08 Dec 2023	170 Days
2 Admiral Road, Pinewood, Ipswich, Suffolk, IP8 3PJ	£425,000	£412,500	-£12,500	03 Oct 2023	08 Dec 2023	66 Days
4 Buttercup Close, Ipswich, Suffolk, IP8 3RG	£320,000	£320,000	£00	08 Apr 2023	05 Dec 2023	241 Days
22 Fitzgerald Road, Bramford, Ipswich, Suffolk, IP8 4AB	£330,000	£330,000	£00	18 May 2023	22 Nov 2023	188 Days
29 Monarch Way, Pinewood, Ipswich, Suffolk, IP8 3TA	£325,000	£312,000	-£13,000	05 Jun 2023	17 Nov 2023	165 Days
24 Fir Tree Rise, Ipswich, Suffolk, IP8 3RD	£210,000	£200,000	-£10,000	27 Mar 2023	27 Oct 2023	214 Days
15 Broad Meadow, Ipswich, Suffolk, IP8 3SP	£275,000	£265,000	-£10,000	13 Jul 2023	19 Oct 2023	98 Days
8 Marbled White Drive, Pinewood, Ipswich, Suffolk, IP8 3TL	£270,000	£267,500	-£2,500	28 Jun 2023	22 Sep 2023	86 Days
8 Duckamere, Bramford, Ipswich, Suffolk, IP8 4AH	£275,000	£250,000	-£25,000	23 Jan 2023	22 Sep 2023	242 Days
26 Oldfield Road, Ipswich, Suffolk, IP8 3SE	£240,000	£235,000	-£5,000	23 May 2023	22 Sep 2023	122 Days
41 Oldfield Road, Ipswich, Suffolk, IP8 3SE	£165,000	£161,000	-£4,000	15 Feb 2023	08 Sep 2023	205 Days
1 Wentworth Drive, Ipswich, Suffolk, IP8 3RX	£280,000	£275,000	-£5,000	09 Mar 2023	01 Sep 2023	176 Days
56 Sycamore Close, Ipswich, Suffolk, IP8 3RL	£230,000	£230,000	£00	07 Mar 2023	25 Aug 2023	171 Days
10 Park Cottages, Lower Somersham, Ipswich, Suffolk, IP8 4PP	£280,000	£277,000	-£3,000	26 May 2023	25 Aug 2023	91 Days
11 Sycamore Close, Ipswich, Suffolk, IP8 3RL	£160,000	£126,000	-£34,000	28 Apr 2022	07 Aug 2023	466 Days
The Villa, High Street, Flowton, Ipswich, Suffolk, IP8 4LE	£600,000	£585,000	-£15,000	28 May 2022	20 Jul 2023	418 Days

Most Expensive Streets in IP8 (Ipswich)

Postcode	Street	Area	Average	No. of Sales
IP8 3FE	Moyes Place, Belstead	Ipswich	£751,111	9
IP8 3NX	Priory Road, Hintlesham	Ipswich	£644,375	4
IP8 4BL	Hillcrest Approach, Bramford	Ipswich	£643,333	3
IP8 3NJ	Silver Hill, Hintlesham	Ipswich	£587,000	5
IP8 3JQ	Folly Lane, Copdock	Ipswich	£579,666	9
IP8 4RN	Castle Farm Cottages, Offton	Ipswich	£539,333	3
IP8 4SF	Offton	Ipswich	£537,500	4
IP8 4JH	Bullen Lane, Bramford	Ipswich	£505,000	3
IP8 3QP	Manor Farm Grove, Hintlesham	Ipswich	£483,200	15
IP8 4BH	Hibbard Road, Bramford	Ipswich	£478,333	3

Least Expensive Streets in IP8 (Ipswich)

Postcode	Street	Area	Average	No. of Sales
IP8 4BF	Paper Mill Lane, Bramford	Ipswich	£111,200	5
IP8 3AJ	Sproughton Court, Sproughton	Ipswich	£140,617	17
IP8 3RR	Acer Grove	Ipswich	£163,214	7
IP8 4JR	Loraine Way, Bramford	Ipswich	£180,333	3
IP8 3RH	Yew Tree Rise, Pinewood	Ipswich	£181,923	13
IP8 4DW	Acorn House, Paper Mill Lane	Ipswich	£182,750	6
IP8 3AH	High Street, Sproughton	Ipswich	£183,000	6
IP8 4ED	The Street, Bramford	Ipswich	£185,000	3
IP8 3RL	Sycamore Close	Ipswich	£186,615	13
IP8 3RJ	Yew Tree Rise, Pinewood	Ipswich	£190,166	3