Local market reports › IP area › IP1 › IP1 2
North West Ipswich market report IP1 2, Ipswich
The IP1 2 (North West Ipswich) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 3,114 HM Land Registry entries for IP1 2 (Ipswich), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the 2026 median for IP1 2 (Ipswich) is £128,000, from 23 registered sales, down 14% on five years earlier; the mean is £128,600, and by floor area homes here have averaged about £2,100 per square metre over the last five years. Behind the figures sit 3,114 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like IP1 2 is a single group of streets within IP1 (Ipswich), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where IP1 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in IP1 2
23 sales were registered in IP1 2 in 2026, and the middle one of them, the median, went for £128,000. The mean works out at £128,600, nearly identical to it, meaning sales cluster closely around the typical figure.
IP1 2 prices by floor area
Measured by floor area, the last five years of IP1 2 sales average about £2,100 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Against a national (England and Wales) median of £285,000, IP1 2 runs 55% below it.
IP1 2's median sold price, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £128,000 | £128,000 | 23 |
| 2025 | £152,000 | £155,635 | 41 |
| 2024 | £150,000 | £159,481 | 47 |
| 2023 | £150,000 | £164,813 | 49 |
| 2022 | £126,000 | £147,749 | 85 |
| 2021 | £148,500 | £188,020 | 63 |
| 2020 | £133,000 | £172,570 | 43 |
| 2019 | £136,000 | £178,263 | 51 |
| 2018 | £127,500 | £169,960 | 65 |
| 2017 | £125,000 | £170,487 | 77 |
| 2016 | £117,000 | £163,684 | 115 |
| 2015 | £112,000 | £158,256 | 96 |
| 2014 | £119,500 | £169,532 | 85 |
| 2013 | £87,800 | £126,335 | 78 |
| 2012 | £88,000 | £129,525 | 64 |
| 2011 | £88,500 | £133,601 | 66 |
| 2010 | £92,000 | £144,280 | 65 |
| 2009 | £79,000 | £126,993 | 47 |
| 2008 | £118,600 | £194,410 | 64 |
| 2007 | £116,200 | £197,108 | 126 |
| 2006 | £108,000 | £187,474 | 189 |
| 2005 | £107,000 | £190,417 | 264 |
| 2004 | £94,000 | £170,722 | 175 |
| 2003 | £80,000 | £147,379 | 135 |
| 2002 | £65,000 | £122,297 | 172 |
| 2001 | £57,400 | £110,349 | 157 |
| 2000 | £47,000 | £92,238 | 143 |
| 1999 | £40,000 | £79,718 | 156 |
| 1998 | £32,200 | £64,998 | 114 |
| 1997 | £29,000 | £59,473 | 116 |
| 1996 | £29,500 | £62,214 | 71 |
| 1995 | £29,100 | £63,259 | 72 |
In cash terms the typical IP1 2 home went from £29,100 in 1995 to £128,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 102%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 35% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the IP1 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2014 (+36.1% on the year before); the weakest, 2009 (−33.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −15.8% | −17.8% |
| 5 years (since 2021) | −2.9% | −7.4% |
| 10 years (since 2016) | +0.9% | −2.4% |
| 20 years (since 2006) | +0.9% | −1.9% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
The turnover behind the prices
How many homes change hands
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Over the last twelve months of data, 23 sales completed in IP1 2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 170 sales a year before the financial crisis and 49 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Reading the IP1 2 market
Only 23 sales completed here in the last twelve months of data, which makes IP1 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Against the IP1 district median, IP1 2 sits 46% lower, marking it as a cheaper pocket of the district.
Rents around IP1 2
The local authority for IP1 2 is Ipswich, and its ONS average private rent currently stands at £989 a month (May 2026 figures). A one-bed averages £739 a month here and a four-or-more-bed £1,465, so size does most of the work in setting the rent.
Average monthly rent by size, Ipswich
ONS Price Index of Private Rents, May 2026.
Set against the £128,000 median sold price, £989 a month is £11,868 a year, a gross yield of 9.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
IP1 2 (North West Ipswich): the questions that come up
How much did a house sell for in IP1 2 (North West Ipswich)?
Are property prices falling in IP1 2 (North West Ipswich)?
Is IP1 2 (North West Ipswich) a good place to buy a house?
Will IP1 2 prices rise from here?
Prediction is not this page's business. Its business is the record, which says: the median is down 14% over five years in cash but down 32% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in IP1 now
The live side of the market holds 170 homes at the moment, listed by 10 agents publishing to HomesIndex.
These cover the whole IP1 district, not just IP1 2: live asking prices are collected per district.
Of everything listed here, 34% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every IP1 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in IP
Real sold prices by size across the IP area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £297,500 | £400,000 (+34%) | £587,000 (+47%) | £800,000 (+36%) |
| Semi-detached | £215,000 | £252,000 (+17%) | £295,000 (+17%) | £380,750 (+29%) | £527,500 (+39%) |
| Terraced | £195,000 | £220,000 (+13%) | £260,000 (+18%) | £337,500 (+30%) | £510,000 (+51%) |
| Flat | £136,750 | £180,000 (+32%) | £290,000 (+61%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the IP area is the point: the same five years treated these districts very differently.
IP area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in IP1
A few minutes' walk can separate two very different markets. Here are IP1's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| IP1 1 | £120,500 | 3 |
| IP1 3 | £248,500 | 14 |
| IP1 4 | £222,500 | 44 |
| IP1 5 | £228,500 | 42 |
| IP1 6 | £270,000 | 49 |
Zoom out to the full IP1 district report for the type split, monthly volumes and how IP1 compares with its neighbours.
Selling in IP1 2? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in IP1 2, use the average prices map for a rough value: zoom from IP1 2's shading down to the sold homes on your own street. The figures above are every recorded IP1 2 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working IP1 2: the featured spot on this report is free for founding agents, one per district. Claim IP1 2.
Keep digging
Behind the answers sits the same Land Registry record as this page, with IP1 2 already set as the subject. Free, one click sign in.
See every individual IP1 2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.