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House Prices in IP6

The average house price in IP6 (Ipswich) is £291,916 using HM Land Registry data.

The average property price increased by £70,023 (11.97%) over the last 5 years and increased by £14,030 (2%) over the last 12 months.

Over the last year, there were 193 residential property sales – a decrease of 62 transactions (-32.12%) relative to the previous year. The majority of house sales (79) were in the £200,000 - £272,000 range. Then came properties in the £272,000 - £344,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,500 (-2%).

In Oct 24, there were 70 new estate agency instructions, 38 agreed home sales and 50 property price reductions.

5-Year Average Property Prices in IP6 (Ipswich)

11.97%

Property prices in Ipswich increased by 11.97% 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 IP6 (Ipswich) Over the Last Year

Property prices in Ipswich increased by 2% 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 IP6 (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 IP6 (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 IP6 (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 IP6 (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 IP6 (Ipswich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP6 postcode area since 1995.

Recent Sales in IP6 (Ipswich)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
94 Anderson Close, Needham Market, Ipswich, Suffolk, IP6 8UB	£300,000	£282,500	-£17,500	19 May 2024	13 Aug 2024	86 Days
26 Bosmere Court, Needham Market, Ipswich, Suffolk, IP6 8BQ	£120,000	£110,000	-£10,000	11 Apr 2024	13 Aug 2024	124 Days
Rae Mhor, Lower Road, Westerfield, Ipswich, Suffolk, IP6 9AR	£600,000	£600,000	£00	01 Mar 2024	01 Aug 2024	153 Days
3 Coddenham Road, Needham Market, Ipswich, Suffolk, IP6 8AU	£210,000	£203,000	-£7,000	21 Dec 2023	28 Jun 2024	190 Days
34 Barking Road, Needham Market, Ipswich, Suffolk, IP6 8ET	£225,000	£212,000	-£13,000	27 Mar 2024	28 Jun 2024	93 Days
Home Lea, School Road, Coddenham, Ipswich, Suffolk, IP6 9PR	£338,000	£338,000	£00	10 Jun 2024	26 Jun 2024	16 Days
18 Bosmere Court, Needham Market, Ipswich, Suffolk, IP6 8BQ	£61,000	£59,000	-£2,000	14 Jul 2023	24 Jun 2024	346 Days
22 Bosmere Court, Needham Market, Ipswich, Suffolk, IP6 8BQ	£65,000	£61,000	-£4,000	01 Mar 2023	18 Jun 2024	475 Days
135 High Street, Needham Market, Ipswich, Suffolk, IP6 8DH	£275,000	£266,500	-£8,500	21 Nov 2023	07 Jun 2024	199 Days
Forge Cottage, High Road, Swilland, Ipswich, Suffolk, IP6 9LW	£575,000	£558,000	-£17,000	12 Sep 2023	24 May 2024	255 Days
48 Chainhouse Road, Needham Market, Ipswich, Suffolk, IP6 8TB	£150,000	£147,000	-£3,000	23 Jan 2024	03 May 2024	101 Days
28 Pinecroft Way, Needham Market, Ipswich, Suffolk, IP6 8HB	£295,000	£295,000	£00	06 Oct 2023	03 May 2024	210 Days
Carswood, Clopton Road, Tuddenham, Ipswich, Suffolk, IP6 9BY	£900,000	£887,500	-£12,500	03 Nov 2023	05 Apr 2024	154 Days
103 Stowmarket Road, Needham Market, Ipswich, Suffolk, IP6 8ED	£245,000	£240,000	-£5,000	23 Jan 2024	05 Apr 2024	73 Days
61 Foxglove Avenue, Needham Market, Ipswich, Suffolk, IP6 8JJ	£125,000	£112,500	-£12,500	19 Sep 2023	05 Apr 2024	199 Days
2 Eddowes Road, Barham, Ipswich, Suffolk, IP6 0BD	£365,000	£330,000	-£35,000	19 May 2023	05 Apr 2024	322 Days
24 York Crescent, Claydon, Ipswich, Suffolk, IP6 0DP	£220,000	£220,000	£00	22 Jan 2024	05 Apr 2024	74 Days
55 Anderson Close, Needham Market, Ipswich, Suffolk, IP6 8UB	£250,000	£240,000	-£10,000	13 Sep 2023	04 Apr 2024	204 Days
96 High Street, Needham Market, Ipswich, Suffolk, IP6 8DG	£240,000	£200,000	-£40,000	27 Sep 2023	04 Apr 2024	190 Days
17 Aspen Close, Great Blakenham, Ipswich, Suffolk, IP6 0HQ	£435,000	£423,000	-£12,000	29 Sep 2023	28 Mar 2024	181 Days

Most Expensive Streets in IP6 (Ipswich)

Postcode	Street	Area	Average	No. of Sales
IP6 9HB	Giles Way, Witnesham	Ipswich	£756,750	4
IP6 8HY	Willisham Road, Barking	Ipswich	£735,119	5
IP6 9BT	The Street, Tuddenham	Ipswich	£733,500	4
IP6 8PJ	All Saints Road, Creeting St Mary	Ipswich	£725,000	5
IP6 9HN	Hall Lane, Witnesham	Ipswich	£709,100	5
IP6 9BE	Church Lane, Westerfield	Ipswich	£681,166	6
IP6 9HG	The Street, Witnesham	Ipswich	£650,000	5
IP6 8AL	High Street, Needham Market	Ipswich	£645,125	4
IP6 9QP	Pearl Close, Otley	Ipswich	£597,666	3
IP6 0PB	Sandy Lane, Barham	Ipswich	£582,500	3

Least Expensive Streets in IP6 (Ipswich)

Postcode	Street	Area	Average	No. of Sales
IP6 8BQ	Bosmere Court, Needham Market	Ipswich	£69,300	10
IP6 0ET	Alasdair Place, Claydon	Ipswich	£116,120	12
IP6 8BY	Windsor Court, Needham Market	Ipswich	£140,954	11
IP6 8AX	Coddenham Road, Needham Market	Ipswich	£157,863	11
IP6 0AN	Morgan Court, Claydon	Ipswich	£170,875	4
IP6 8JJ	Foxglove Avenue, Needham Market	Ipswich	£172,750	8
IP6 8BB	School Street, Needham Market	Ipswich	£179,000	5
IP6 8DG	High Street, Needham Market	Ipswich	£182,666	3
IP6 8NU	Coddenham Road, Needham Market	Ipswich	£183,833	3
IP6 8JF	Foxglove Avenue, Needham Market	Ipswich	£188,310	5