Ipswich property prices

The average property price in Ipswich postcode area is £294k. The average price increased by £17.1k (6%) over the last twelve months. The price of an established property is £294k. The price of a newly built property is £297k. There were 6.8k property sales and sales dropped by 27.1% (-2.8k transactions). Most properties were sold in the £200k-£250k price range with 1460 (21.3%) properties sold, followed by £150k-£200k price range with 1295 (18.9%) properties sold.

March 2020 - February 2021

Ipswich postcode area

England and Wales

£294k

average property price

£320k

average property price

6%

average price percentage change

8%

average price percentage change

£17.1k

average price change

£22.6k

average price change

Ipswich house prices map

This price map shows the average property price in a given postcode sector between March 2020 - February 2021. The most affordable place was 'IP1 2' with the average price of £129k. The most expensive place was 'IP15 5', £579k.

Ipswich house prices map

Ipswich house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between March 2020 - February 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Ipswich house prices compared to other areasAverage price percentage change
Average property price

Ipswich house price rank

With the average price of £294k, Ipswich is the 53. most pricey postcode area out of 105 England and Wales' postcode areas.

Ipswich house price rank

Ipswich property sales share by price range

shows a number of properties sold in a given price range between March 2020 - February 2021.

Ipswich property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%1
£50k-£100k1.8%122
£100k-£150k8.6%588
£150k-£200k18.9%1.3k
£200k-£250k21.3%1.5k
£250k-£300k15.0%1.0k
£300k-£400k17.2%1.2k
£400k-£500k8.5%583
£500k-£750k6.7%460
£750k-£1M1.4%96
over £1M0.6%40

Ipswich cost comparison of new homes and older homes

March 2020 - February 2021

Ipswich cost comparison of new homes and older homes

£297k

A newly built property

£294k

An established property

Ipswich cost comparison of houses and flats

March 2020 - February 2021

Ipswich cost comparison of houses and flats

£400k

Detached

£164k

Flat

£251k

Semi-Detached

£223k

Terraced

Ipswich real house prices

Yearly average nominal house prices adjusted for inflation.

Ipswich real house prices

Ipswich house prices compared to England & Wales' house prices

Yearly average nominal prices

Ipswich house prices

Ipswich house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Ipswich house prices and nearby areas

Yearly average nominal prices

Ipswich house prices and nearby areas

Ipswich house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Ipswich house prices new vs established

Ipswich house prices by property type

Yearly average nominal prices

Ipswich house prices by property type

Ipswich house price to earnings ratio

The median property price to median earnings ratio is ranging between 7.1 in Ipswich and 8.9 in West Suffolk. Ie. Ipswich resident with middle-income needs 7.1 gross annual salaries to buy a medium-priced property. Resident in West Suffolk needs 8.9 annual salaries. The England and Wales ratio was 7.7 in 2019.
Ipswich house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Ipswich7.1
England and Wales7.7
East Suffolk7.9
Breckland8.3
Babergh8.8
Mid Suffolk8.8
West Suffolk8.9

Other reports for Ipswich postcode area

new home prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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