Housing Market Analysis for BUTTER MARKET, IP1 1BJ

Are you looking to understand IP1 1BJ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Ipswich postcode.

For the location information and nearby amenities in the IP1 1BJ area, explore the IP1 1BJ Area information page.
For comprehensive crime statistics in the IP1 1BJ area, explore the IP1 1BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP1 1BJ postcode area, The average prices are as follows,

  • Other
    • The average price is around £430,000 median price is £240,000 Standard Deviation is £275,802 with Total Sold: 3
    • The Last 5 Year average price is £430,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 43 BUTTER MARKET: £820,000 (Sold on 23 Sep 2022)
    • The first recorded sale happened at this postcode is 43 BUTTER MARKET: £240,000 (Sold on 26 Mar 2021)
  • Terraced
    • The average price is around £292,000 median price is £249,999 Standard Deviation is £93,049 with Total Sold: 3
    • The most recent sale happened at this postcode is 49 BUTTER MARKET: £421,000 (Sold on 08 Dec 2009)
    • The first recorded sale happened at this postcode is 53 BUTTER MARKET: £205,000 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP1 1BJ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£820,0001
2021£235,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£421,0001
2002£249,9991
1995£205,0001

All the Sales in the BUTTER MARKET, IP1 1BJ

See the table below for more details on the sold house prices in the IP1 1BJ, Ipswich postcode.

AddressSold DatePrice% Change
43 BUTTER MARKETOther, Leasehold23 Sep 2022£820,000241.67%
26 Mar 2021£240,000First Sale
51 BUTTER MARKETOther, Freehold11 Oct 2021£230,000First Sale
49 BUTTER MARKETTerraced, Freehold08 Dec 2009£421,000First Sale
53 BUTTER MARKETTerraced, Freehold10 May 2002£249,99921.95%
12 May 1995£205,000First Sale

Check out the sold house prices near the IP1 1BJ postcode. Properties currently for saleProperties currently for rent

BUTTER MARKET, IP1 1BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP1 1BJ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP1 1BJ postcode.

  • Flat
    • The average price is around £124,614 median price is £117,500 Standard Deviation is £67,124 with Total Sold: 2,531
    • The Last 5 Year average price is £162,650 with Total Sold: 445
    • The most recent sale happened at this postcode is , 122 FOUNDRY LANE: £167,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is 20, ST. GEORGES COURT ST GEORGES STREET: £35,500 (Sold on 07 Feb 1995)
  • Detached
    • The average price is around £349,842 median price is £250,000 Standard Deviation is £321,416 with Total Sold: 128
    • The Last 5 Year average price is £574,500 with Total Sold: 10
    • The most recent sale happened at this postcode is , 9 BOLTON LANE: £226,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 83 CHRISTCHURCH STREET: £116,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £146,569 median price is £125,000 Standard Deviation is £102,414 with Total Sold: 856
    • The Last 5 Year average price is £257,126 with Total Sold: 91
    • The most recent sale happened at this postcode is , 11 SHAFTESBURY SQUARE: £165,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 53 WOODBRIDGE ROAD: £25,000 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £723,572 median price is £290,000 Standard Deviation is £1,362,394 with Total Sold: 301
    • The Last 5 Year average price is £617,294 with Total Sold: 111
    • The most recent sale happened at this postcode is , 10 QUEEN STREET: £260,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , 47 - 51 CARR STREET: £11,137,500 (Sold on 17 Sep 2013)
  • Semi-Detached
    • The average price is around £193,167 median price is £180,000 Standard Deviation is £108,859 with Total Sold: 173
    • The Last 5 Year average price is £268,196 with Total Sold: 23
    • The most recent sale happened at this postcode is , 17 ORCHARD STREET: £375,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , 68 BOLTON LANE: £40,000 (Sold on 02 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£122,168 £1,550 36
2023£138,484 £2,057 52
2022£179,234 £2,487 121
2021£162,007 £2,716 152
2020£172,234 £2,849 84
2019£169,763 £2,420 134
2018£137,995 £2,654 106
2017£118,924 £2,191 126
2016£111,786 £2,006 181
2015£115,867 £1,717 100
2014£106,800 £1,844 90
2013£89,953 £1,813 123
2012£103,419 £1,776 89
2011£97,119 £1,803 92
2010£83,044 £1,816 61
2009£126,352 £2,401 133
2008£133,947 £2,411 83
2007£150,033 £2,608 184
2006£132,700 £2,429 90
2005£132,576 £2,050 66
2004£158,218 £2,247 60
2003£110,192 £1,659 100
2002£104,800 £1,372 63
2001£62,862 £1,082 62
2000£37,645 £829 30
1999£126,188 £683 33
1998£26,672 £427 20
1997£30,990 £589 21
1996£27,408 £375 19
1995£36,210 £676 20
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£226,0001
2023£593,333 £3,801 3
2022£844,000 £3,886 2
2021£813,000 £3,931 2
2020£212,500 £3,778 2
2019£322,333 £3,760 3
2018£1,090,0001
2017£841,875 £3,574 4
2016£355,000 £4,352 3
2013£315,000 £1,507 1
2012£345,100 £2,103 5
2011£313,250 £2,527 4
2010£252,3333
2009£240,000 £2,450 1
2008£314,1676
2007£317,625 £2,220 8
2006£330,250 £1,918 12
2005£469,675 £1,682 10
2004£458,140 £4,136 12
2003£257,625 £1,727 8
2002£150,0005
2001£463,000 £2,757 6
2000£137,550 £929 6
1999£235,143 £666 7
1998£135,250 £981 2
1997£123,375 £377 4
1996£125,000 £634 4
1995£115,667 £1,226 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£342,917 £2,787 6
2023£217,517 £2,416 15
2022£286,477 £2,619 22
2021£253,759 £2,432 29
2020£232,461 £2,046 19
2019£185,383 £2,190 26
2018£208,619 £1,963 21
2017£207,614 £2,299 17
2016£176,656 £1,895 30
2015£187,929 £1,904 21
2014£145,981 £1,684 28
2013£138,595 £1,491 21
2012£165,602 £1,892 22
2011£138,353 £2,492 17
2010£158,111 £1,525 18
2009£203,739 £1,514 19
2008£200,618 £1,756 22
2007£180,705 £1,867 44
2006£166,111 £1,705 53
2005£165,384 £1,630 36
2004£159,140 £1,628 32
2003£116,907 £1,294 47
2002£132,031 £1,345 55
2001£108,553 £872 38
2000£75,954 £748 40
1999£66,429 £718 49
1998£46,894 £518 26
1997£44,854 £497 28
1996£50,528 £418 29
1995£40,308 £381 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£863,4176
2023£504,100 £1,319 25
2022£479,945 £1,945 37
2021£734,011 £2,338 28
2020£828,420 £89,689 15
2019£575,971 £7,261 30
2018£793,884 £5,748 40
2017£447,812 £2,022 54
2016£974,004 £1,606 28
2015£1,018,148 £6,217 21
2014£1,211,81213
2013£2,913,125 £903 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£290,000 £3,150 3
2022£418,375 £2,901 4
2021£230,958 £2,513 12
2020£213,375 £2,086 4
2019£258,000 £2,469 2
2018£270,000 £1,788 4
2017£243,706 £2,262 9
2016£210,0001
2015£248,125 £1,874 4
2014£225,425 £2,484 6
2013£300,500 £2,029 2
2012£256,167 £1,695 6
2011£229,333 £1,874 3
2010£205,750 £1,573 2
2009£213,333 £1,639 3
2008£219,200 £3,049 5
2007£216,339 £1,995 22
2006£189,375 £2,368 8
2005£206,668 £1,498 8
2004£173,395 £1,410 13
2003£175,488 £1,453 8
2002£181,278 £1,952 9
2001£102,475 £961 6
2000£64,000 £820 2
1999£80,109 £780 11
1998£67,717 £552 6
1997£94,983 £621 3
1996£69,500 £443 2
1995£51,980 £415 5

House Type in IP1 1BJ area

The most common house types in the IP1 1BJ postcode area are Flat (130), commercial building (50), and converted building (34).

Total231
Flat130
commercial building50
converted building34
Semi-detached7
Shared house6
Terraced3
Detached1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (156), and Owned: Owns with a mortgage or loan (35).

Private rented: Private landlord or letting agency156
Owned: Owns with a mortgage or loan35
Owned: Owns outright22
Private rented: Other private rented7
Shared ownership: Shared ownership3
Social rented: Other social rented3
Social rented: Rents from council or Local Authority1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the IP1 1BJ have 1 person in household (120), and 2 people in household (59).

1 person in household120
2 people in household59
3 people in household31
4 people in household16
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0