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 £314,500 using HM Land Registry data.

The average property price increased by £51,332 (41.74%) over the last 5 years and increased by £10,285 (5.69%) over the last 12 months.

Over the last year, there were 98 residential property sales – a decrease of 48 transactions (-48.98%) relative to the previous year. The majority of house sales (29) were in the £228,000 - £296,000 range. Then came properties in the £296,000 - £364,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,055 (-2%).

In Oct 24, there were 28 new estate agency instructions, 17 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) - Oct 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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
8 Black Barn Close, Lower Somersham, Ipswich, Suffolk, IP8 4PX	£250,000	£245,000	-£5,000	24 Jan 2024	08 Aug 2024	197 Days
6 Bishop Mews, Ipswich, Suffolk, IP8 3SY	£210,000	£210,000	£00	12 Jan 2024	22 Jul 2024	192 Days
19 Holly Blue Close, Pinewood, Ipswich, Suffolk, IP8 3TD	£240,000	£227,500	-£12,500	14 Feb 2024	12 Jul 2024	149 Days
14 Grayling Road, Pinewood, Ipswich, Suffolk, IP8 3NG	£230,000	£227,500	-£2,500	26 Jan 2024	27 Jun 2024	153 Days
3 Gatekeeper Close, Pinewood, Ipswich, Suffolk, IP8 3NQ	£230,000	£228,000	-£2,000	22 Jan 2024	07 Jun 2024	137 Days
6 Church Acre, Flowton, Ipswich, Suffolk, IP8 4LL	£350,000	£345,000	-£5,000	08 Mar 2024	07 Jun 2024	91 Days
21 Dashwood Close, Ipswich, Suffolk, IP8 3SR	£295,000	£292,000	-£3,000	07 Nov 2023	24 May 2024	199 Days
25 Springtail Road, Pinewood, Ipswich, Suffolk, IP8 3UA	£340,000	£340,000	£00	14 Feb 2024	24 May 2024	100 Days
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
The Cottage, The Street, Copdock, Ipswich, Suffolk, IP8 3HS	£249,950	£249,950	£00	03 Nov 2023	22 Mar 2024	140 Days
9 Tye Lane, Willisham, Ipswich, Suffolk, IP8 4SR	£425,000	£420,000	-£5,000	30 Oct 2023	04 Mar 2024	126 Days
1 Tye Lane, Willisham, Ipswich, Suffolk, IP8 4SR	£475,000	£465,000	-£10,000	31 Jul 2023	16 Feb 2024	200 Days
7 Forester Close, Pinewood, Ipswich, Suffolk, IP8 3TF	£290,000	£290,000	£00	23 Oct 2023	16 Feb 2024	116 Days
13 Glebe Close, Sproughton, Ipswich, Suffolk, IP8 3BQ	£315,000	£310,000	-£5,000	27 Nov 2023	09 Feb 2024	74 Days
2 Fitzgerald Road, Bramford, Ipswich, Suffolk, IP8 4AA	£190,000	£182,500	-£7,500	27 Sep 2023	31 Jan 2024	126 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

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	£695,833	3
IP8 4BL	Hillcrest Approach, Bramford	Ipswich	£643,333	3
IP8 3JQ	Folly Lane, Copdock	Ipswich	£596,500	8
IP8 3NJ	Silver Hill, Hintlesham	Ipswich	£587,000	5
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	£503,307	13
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	£145,600	15
IP8 3RR	Acer Grove	Ipswich	£172,416	6
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 3RL	Sycamore Close	Ipswich	£188,000	12
IP8 3RJ	Yew Tree Rise, Pinewood	Ipswich	£190,166	3
IP8 3SY	Bishop Mews	Ipswich	£198,000	4
IP8 3AF	High Street, Sproughton	Ipswich	£202,375	4