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Ipswich House Prices Ipswich House Prices

The average house price in Ipswich is £241,250 using HM Land Registry data.

The average property price increased by £58,464 (25.85%) over the last 5 years and increased by £11,688 (4.28%) over the last 12 months.

Over the last year, there were 1,461 residential property sales – a decrease of 657 transactions (-44.97%) relative to the previous year. The majority of house sales (363) were in the £194,000 - £248,000 range. Then came properties in the £248,000 - £302,000 range, where 322 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,412 (-2%).

In Oct 24, there were 308 new estate agency instructions, 225 agreed home sales and 272 property price reductions.

Neighbouring Areas: Kesgrave

Postcodes Covered: IP1, IP10, IP2, IP3, IP4, IP5, IP8

5-Year Average Property Prices in Ipswich

25.85%

Property prices in Ipswich increased by 25.85% 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 Ipswich Over the Last Year

4.28%

Property prices in Ipswich increased by 4.28% 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 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 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 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 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 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 Ipswich since 1995

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

Recent Property Sales in Ipswich

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 St Leonards Road, Ipswich, Suffolk, IP3 9AU£260,000£257,000-£3,00018 May 202423 Aug 202497 Days
11 Pine View Road, Ipswich, Suffolk, IP1 4HS£290,000£287,000-£3,00015 Apr 202423 Aug 2024130 Days
88 Braziers Wood Road, Ipswich, Suffolk, IP3 0SA£260,000£255,000-£5,00020 Oct 202320 Aug 2024305 Days
23 Westwood Avenue, Ipswich, Suffolk, IP1 4EQ£545,000£515,000-£30,00028 Mar 202420 Aug 2024145 Days
24 Queensberry Road, Ipswich, Suffolk, IP3 9NY£210,000£195,000-£15,00026 Apr 202419 Aug 2024115 Days
5 Oxford Road, Ipswich, Suffolk, IP4 1NL£150,000£145,000-£5,00018 Jun 202415 Aug 202458 Days
4 Aldeburgh Gardens, Ipswich, Suffolk, IP4 5HJ£595,000£585,000-£10,00014 Mar 202412 Aug 2024151 Days
24 Allington Close, Ipswich, Suffolk, IP4 4HA£280,000£277,000-£3,00020 May 202412 Aug 202484 Days
180 Back Hamlet, Ipswich, Suffolk, IP3 8AR£220,000£210,000-£10,00031 May 202309 Aug 2024436 Days
35 Lonsdale Close, Ipswich, Suffolk, IP4 4HD£290,000£278,000-£12,00008 May 202408 Aug 202492 Days
47 Severn Road, Ipswich, Suffolk, IP3 0PU£425,000£425,000£0027 Sep 202307 Aug 2024315 Days
12 Berkeley Close, Ipswich, Suffolk, IP4 2TS£650,000£650,000£0014 Feb 202405 Aug 2024173 Days
39 Constable Road, Ipswich, Suffolk, IP4 2UW£425,000£425,000£0004 Mar 202405 Aug 2024154 Days
15 Corton Road, Ipswich, Suffolk, IP3 9NR£215,000£200,000-£15,00029 May 202402 Aug 202465 Days
7 Fitzmaurice Road, Ipswich, Suffolk, IP3 9AX£260,000£248,000-£12,00004 Mar 202402 Aug 2024151 Days
12 Gorsehayes, Ipswich, Suffolk, IP2 9AU£375,000£365,000-£10,00023 Jan 202401 Aug 2024191 Days
14 Hossack Road, Ipswich, Suffolk, IP3 0LS£220,000£197,000-£23,00007 Mar 202431 Jul 2024146 Days
2 Sandhurst Avenue, Ipswich, Suffolk, IP3 8DU£315,000£300,000-£15,00020 Sep 202326 Jul 2024310 Days
9 Cotman Road, Ipswich, Suffolk, IP3 0RQ£200,000£200,000£0011 Jun 202426 Jul 202445 Days
25 Downing Close, Ipswich, Suffolk, IP2 9EQ£200,000£200,000£0028 Feb 202426 Jul 2024149 Days

Most Expensive Streets in Ipswich

PostcodeStreetAreaAverageNo. of Sales
IP4 2UUWesterfield RoadIpswich£903,3333
IP1 3TUPark GateIpswich£881,2504
IP10 0FNThe HolliesStraight Road£871,6653
IP3 8UJPurdis PlaceIpswich£861,6663
IP1 6TBHenley RoadIpswich£828,3333
IP4 2UJWesterfield RoadIpswich£824,4064
IP10 0AABucklesham RoadFoxhall£792,5004
IP1 3QRBroughton RoadIpswich£755,0004
IP4 3LTRushmere RoadIpswich£746,6663
IP4 2SPTuddenham RoadIpswich£736,6663

Least Expensive Streets in Ipswich

PostcodeStreetAreaAverageNo. of Sales
IP2 8ARLonsdaleBelstead Road£55,0006
IP4 2DLChristchurch StreetIpswich£57,0003
IP1 1LSFranciscan WayIpswich£61,1254
IP2 0UJThe SpectrumDunlop Road£64,6254
IP4 4HNSycamore HouseOakstead Close£65,50014
IP1 2QXNorwich RoadIpswich£70,52123
IP3 8AAFore HamletIpswich£70,8333
IP1 3NFSt Georges StreetIpswich£75,3333
IP4 2DBTudor PlaceIpswich£82,0004
IP3 8AJBack HamletIpswich£85,29112

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