Housing Market Analysis for VERNON STREET, IP2 8JB

Are you looking to understand IP2 8JB 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 IP2 8JB area, explore the IP2 8JB Area information page.
For comprehensive crime statistics in the IP2 8JB area, explore the IP2 8JB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP2 8JB postcode area, The average prices are as follows,

  • Flat
    • The average price is around £75,466 median price is £75,000 Standard Deviation is £27,859 with Total Sold: 15
    • The Last 5 Year average price is £96,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 88 VERNON STREET: £108,000 (Sold on 24 Nov 2021)
    • The first recorded sale happened at this postcode is 50 VERNON STREET: £20,000 (Sold on 08 Oct 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP2 8JB 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£108,000 £1,742 1
2020£70,000 £1,456 1
2019£110,000 £1,549 1
2018£110,000 £1,447 1
2016£60,000 £1,248 1
2015£75,000 £1,729 1
2014£72,000 £1,161 1
2013£90,000 £1,233 1
2006£80,249 £1,151 4
2005£84,0001
2002£12,000 £182 1
1999£20,0001

All the Sales in the VERNON STREET, IP2 8JB

See the table below for more details on the sold house prices in the IP2 8JB, Ipswich postcode.

AddressSold DatePrice% Change
88 VERNON STREETFlat, LeaseholdArea: 62 Sq.mtrAge: 1967-197524 Nov 2021£108,00050.00%
12 Nov 2014£72,000First Sale
116 VERNON STREETFlat, LeaseholdArea: 48.09 Sq.mtrAge: 1950-196617 Dec 2020£70,00016.67%
14 Mar 2016£60,000First Sale
90 VERNON STREETFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-196603 Dec 2019£110,00064.18%
26 May 2006£67,000458.33%
01 Jul 2002£12,000First Sale
80 VERNON STREETFlat, LeaseholdArea: 76 Sq.mtrAge: 1967-197516 Apr 2018£110,000First Sale
44 VERNON STREETFlat, LeaseholdArea: 43.38 Sq.mtrAge: 1967-197518 Dec 2015£75,000First Sale
98 VERNON STREETFlat, LeaseholdArea: 73 Sq.mtrAge: 1967-197530 Dec 2013£90,000-4.26%
11 Sep 2006£94,000First Sale
46 VERNON STREETFlat, LeaseholdArea: 70 Sq.mtrAge: 1967-197515 Dec 2006£86,000First Sale
106 VERNON STREETFlat, LeaseholdArea: 69 Sq.mtrAge: 1950-196628 Jul 2006£73,995First Sale
50 VERNON STREETFlat, Leasehold30 Sep 2005£84,000320.00%
08 Oct 1999£20,000First Sale

Check out the sold house prices near the IP2 8JB postcode. Properties currently for saleProperties currently for rent

VERNON STREET, IP2 8JB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP2 8JB 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 IP2 8JB postcode.

  • Flat
    • The average price is around £129,090 median price is £117,000 Standard Deviation is £75,111 with Total Sold: 1,884
    • The Last 5 Year average price is £169,064 with Total Sold: 419
    • 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 , 14A BURRELL ROAD: £15,600 (Sold on 17 Mar 1995)
  • Terraced
    • The average price is around £105,134 median price is £99,000 Standard Deviation is £61,050 with Total Sold: 1,608
    • The Last 5 Year average price is £172,576 with Total Sold: 261
    • The most recent sale happened at this postcode is , 30 PAULINE STREET: £110,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 74 WHERSTEAD ROAD: £19,500 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £140,078 median price is £135,000 Standard Deviation is £78,573 with Total Sold: 493
    • The Last 5 Year average price is £233,606 with Total Sold: 89
    • The most recent sale happened at this postcode is , 5 BELSTEAD AVENUE: £295,000 (Sold on 11 Jun 2024)
    • The first recorded sale happened at this postcode is , 58 BURRELL ROAD: £27,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £974,559 median price is £297,500 Standard Deviation is £2,116,368 with Total Sold: 84
    • The Last 5 Year average price is £585,625 with Total Sold: 40
    • The most recent sale happened at this postcode is , ST. VINCENT HOUSE, 1 CUTLER STREET: £4,000,000 (Sold on 16 May 2024)
    • The first recorded sale happened at this postcode is , ANDUFF CAR WASH HAWES STREET: £170,000 (Sold on 22 Jul 1998)
  • Detached
    • The average price is around £254,421 median price is £240,000 Standard Deviation is £163,615 with Total Sold: 120
    • The Last 5 Year average price is £371,692 with Total Sold: 31
    • The most recent sale happened at this postcode is , 17 BELSTEAD AVENUE: £350,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is , 47 BELSTEAD ROAD: £118,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£122,933 £1,872 29
2023£166,838 £2,473 33
2022£179,867 £2,531 70
2021£170,943 £2,905 122
2020£182,546 £2,833 65
2019£164,557 £2,308 100
2018£142,665 £2,852 77
2017£126,837 £2,489 96
2016£121,018 £2,262 67
2015£117,056 £2,134 66
2014£110,739 £2,024 73
2013£90,566 £1,812 117
2012£106,834 £1,847 70
2011£97,756 £1,978 57
2010£87,363 £1,722 83
2009£127,506 £2,438 135
2008£140,468 £2,383 72
2007£138,748 £2,516 136
2006£136,765 £2,192 46
2005£128,250 £2,487 41
2004£141,957 £2,137 37
2003£147,088 £2,369 80
2002£99,617 £1,857 30
2001£114,567 £1,620 45
2000£92,933 £1,411 72
1999£199,026 £1,264 19
1998£17,041 £405 6
1997£21,500 £610 9
1996£25,556 £640 18
1995£19,508 £624 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,750 £2,253 16
2023£182,300 £2,320 40
2022£177,311 £2,307 45
2021£174,966 £2,130 74
2020£179,938 £2,070 40
2019£149,880 £1,952 46
2018£161,198 £1,935 51
2017£146,010 £1,887 49
2016£142,388 £1,809 49
2015£125,500 £1,704 55
2014£118,393 £1,543 47
2013£103,120 £1,377 41
2012£127,851 £1,405 42
2011£109,208 £1,281 30
2010£98,913 £1,350 26
2009£99,018 £1,189 35
2008£135,697 £1,497 39
2007£137,745 £1,803 72
2006£111,040 £1,471 84
2005£119,311 £1,385 84
2004£97,062 £1,276 73
2003£80,250 £1,110 62
2002£77,446 £953 73
2001£61,979 £771 77
2000£49,780 £689 79
1999£40,439 £554 78
1998£34,280 £461 49
1997£30,339 £410 71
1996£28,236 £350 48
1995£29,095 £404 33
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£222,0495
2023£256,900 £2,649 10
2022£255,666 £2,665 24
2021£239,991 £2,460 28
2020£214,818 £2,149 11
2019£172,091 £2,006 11
2018£196,607 £2,129 14
2017£181,933 £2,043 15
2016£170,778 £1,835 11
2015£173,033 £1,730 15
2014£162,961 £1,783 13
2013£149,357 £1,470 14
2012£128,125 £1,243 8
2011£143,312 £1,539 8
2010£146,200 £1,499 15
2009£157,503 £1,394 21
2008£171,499 £1,519 20
2007£151,998 £1,752 41
2006£119,272 £1,400 22
2005£121,434 £1,250 19
2004£132,206 £1,413 20
2003£126,741 £1,230 16
2002£77,379 £901 17
2001£65,059 £742 17
2000£58,520 £640 23
1999£52,813 £572 16
1998£49,175 £452 14
1997£50,022 £454 16
1996£36,785 £378 14
1995£36,617 £420 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,075,2502
2023£427,8577
2022£497,619 £2,762 11
2021£445,000 £3,454 8
2020£733,470 £46,538 7
2019£422,2805
2018£1,679,897 £5,290 14
2017£1,560,807 £2,123 16
2016£1,223,7147
2015£172,104 £5,705 5
2014£350,0001
1998£170,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£436,040 £3,287 12
2022£362,108 £3,677 9
2021£303,100 £2,770 10
2018£465,000 £2,274 4
2017£387,375 £2,630 4
2016£210,000 £1,909 1
2015£280,000 £1,702 3
2014£247,000 £1,625 1
2013£102,998 £1,262 2
2012£282,500 £1,951 2
2011£386,5002
2010£180,200 £1,584 5
2009£172,667 £1,525 3
2008£267,250 £1,851 2
2007£288,667 £2,560 6
2006£222,100 £1,715 5
2005£218,750 £1,663 5
2004£297,200 £1,582 5
2003£236,889 £2,574 9
2002£194,600 £2,952 5
2001£141,667 £1,084 3
2000£107,933 £823 6
1999£110,500 £640 3
1998£63,000 £600 4
1997£64,833 £286 3
1996£61,750 £484 3
1995£80,333 £551 3

House Type in IP2 8JB area

The most common house types in the IP2 8JB postcode area are Flat (152), Shared house (7), and Semi-detached (6).

Total170
Flat152
Shared house7
Semi-detached6
Terraced3
Detached2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (128), and Private rented: Private landlord or letting agency (17).

Social rented: Rents from council or Local Authority128
Private rented: Private landlord or letting agency17
Social rented: Other social rented11
Owned: Owns outright8
Owned: Owns with a mortgage or loan3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP2 8JB have 1 person in household (119), and 2 people in household (35).

1 person in household119
2 people in household35
3 people in household9
4 people in household6
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0