Housing Market Analysis for IP2 8LU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average IP2 8LU 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.

    All the Sales in the IP2 8LU

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

    AddressSold DatePrice% Change

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

    IP2 8LU Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £113,299 median price is £114,750 Standard Deviation is £58,118 with Total Sold: 276
      • The Last 5 Year average price is £192,155 with Total Sold: 44
      • The most recent sale happened at this postcode is , 83 MONTGOMERY ROAD: £200,000 (Sold on 23 Aug 2024)
      • The first recorded sale happened at this postcode is , 564 WHERSTEAD ROAD: £30,500 (Sold on 27 Jan 1995)
    • Semi-Detached
      • The average price is around £122,268 median price is £122,000 Standard Deviation is £67,035 with Total Sold: 277
      • The Last 5 Year average price is £211,432 with Total Sold: 44
      • The most recent sale happened at this postcode is , 16 GLAMORGAN ROAD: £240,000 (Sold on 24 Jun 2024)
      • The first recorded sale happened at this postcode is , 31 NEATH DRIVE: £46,500 (Sold on 27 Jan 1995)
    • Detached
      • The average price is around £198,268 median price is £178,475 Standard Deviation is £135,577 with Total Sold: 144
      • The Last 5 Year average price is £362,239 with Total Sold: 29
      • The most recent sale happened at this postcode is , 81 MONMOUTH CLOSE: £395,000 (Sold on 11 Jun 2024)
      • The first recorded sale happened at this postcode is , ROWAN BOURNE HILL: £82,000 (Sold on 28 Apr 1995)
    • Flat
      • The average price is around £87,543 median price is £86,250 Standard Deviation is £45,824 with Total Sold: 60
      • The Last 5 Year average price is £125,750 with Total Sold: 6
      • The most recent sale happened at this postcode is FLAT 6, 545 WHERSTEAD ROAD: £138,000 (Sold on 11 May 2022)
      • The first recorded sale happened at this postcode is , 8 BOSTOCK ROAD: £13,000 (Sold on 03 Mar 1995)
    • Other
      • The average price is around £5,102,928 median price is £1,824,997 Standard Deviation is £7,663,001 with Total Sold: 6
      • The Last 5 Year average price is £1,645,872 with Total Sold: 2
      • The most recent sale happened at this postcode is , 549A WHERSTEAD ROAD: £241,750 (Sold on 23 Dec 2019)
      • The first recorded sale happened at this postcode is , MONMOUTH COURT NURSING HOME MONMOUTH CLOSE: £4,858,324 (Sold on 22 Jul 2016)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£200,5004
    2023£222,667 £3,288 3
    2022£201,220 £2,831 15
    2021£207,786 £2,487 7
    2020£171,750 £2,265 10
    2019£158,900 £2,454 5
    2018£179,594 £2,421 12
    2017£174,992 £2,097 6
    2016£191,832 £2,152 6
    2015£137,188 £1,809 8
    2014£113,111 £1,620 9
    2013£137,111 £1,927 9
    2012£122,188 £1,548 8
    2011£128,688 £1,639 8
    2010£124,000 £1,709 4
    2009£111,333 £1,194 9
    2008£118,786 £1,916 7
    2007£149,318 £1,868 11
    2006£119,566 £1,715 17
    2005£111,739 £1,542 5
    2004£108,088 £1,291 8
    2003£89,650 £1,203 10
    2002£75,891 £966 12
    2001£62,395 £905 12
    2000£54,323 £764 17
    1999£48,113 £640 11
    1998£43,938 £538 10
    1997£38,578 £489 11
    1996£38,314 £515 11
    1995£34,673 £556 11
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£238,000 £2,386 4
    2023£223,688 £2,474 8
    2022£242,864 £2,757 11
    2021£187,857 £1,997 7
    2020£173,917 £2,095 6
    2019£191,438 £2,035 8
    2018£197,375 £2,424 8
    2017£180,425 £2,331 12
    2016£197,700 £1,889 5
    2015£145,727 £1,793 11
    2014£141,000 £1,727 6
    2013£127,194 £1,436 9
    2012£130,714 £1,454 7
    2011£150,900 £1,185 10
    2010£121,075 £1,417 4
    2009£112,249 £1,179 4
    2008£160,800 £1,808 5
    2007£122,772 £1,689 9
    2006£131,875 £1,752 12
    2005£126,124 £1,375 8
    2004£120,604 £1,323 12
    2003£118,317 £1,094 13
    2002£90,312 £1,105 10
    2001£75,333 £851 12
    2000£55,869 £731 13
    1999£59,094 £643 10
    1998£48,793 £582 15
    1997£41,397 £480 17
    1996£38,396 £495 12
    1995£41,667 £438 9
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£375,0002
    2023£405,329 £3,166 15
    2021£367,000 £2,761 5
    2020£260,625 £2,627 4
    2019£265,833 £2,944 3
    2018£275,0001
    2017£281,050 £2,439 3
    2016£383,900 £2,552 5
    2015£347,500 £2,063 3
    2014£250,000 £2,075 3
    2013£206,500 £1,959 3
    2012£250,000 £1,278 1
    2011£250,000 £1,937 1
    2010£234,417 £1,657 6
    2009£194,125 £1,540 4
    2007£235,198 £1,823 5
    2006£198,667 £1,817 3
    2005£190,250 £1,562 4
    2004£232,000 £1,498 4
    2003£497,500 £1,337 1
    2002£132,833 £1,282 3
    2001£125,990 £1,078 5
    2000£127,488 £1,096 4
    1999£80,400 £775 5
    1998£86,375 £506 4
    1997£69,500 £724 1
    1996£80,966 £710 25
    1995£75,002 £676 21
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£138,000 £2,379 1
    2021£125,000 £2,036 2
    2019£122,167 £2,130 3
    2018£166,500 £2,459 3
    2017£162,667 £2,308 3
    2016£107,900 £1,961 5
    2015£105,000 £1,758 3
    2014£95,000 £1,610 1
    2013£85,500 £1,442 3
    2012£56,625 £1,064 2
    2011£104,000 £1,549 1
    2010£58,500 £1,129 1
    2008£129,3501
    2007£103,000 £1,493 1
    2006£118,000 £1,532 1
    2005£83,500 £1,349 2
    2004£82,500 £1,144 6
    2003£78,929 £898 7
    2002£62,500 £1,057 1
    2001£19,040 £302 1
    2000£31,998 £603 2
    1999£49,250 £966 1
    1998£44,000 £611 1
    1997£26,500 £413 2
    1996£21,500 £415 1
    1995£30,140 £416 5
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2019£1,645,8722
    2018£333,750 £637 2
    2017£21,800,0001
    2016£4,858,3241

    House Type in IP2 8LU area

    The most common house types in the IP2 8LU postcode area are Detached (58), Terraced (39), and temporary structure (22).

    Total137
    Detached58
    Terraced39
    temporary structure22
    Semi-detached16
    Flat2
    Shared house0
    converted building0
    commercial building0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (43).

    Owned: Owns outright58
    Owned: Owns with a mortgage or loan43
    Private rented: Private landlord or letting agency32
    Social rented: Rents from council or Local Authority3
    Shared ownership: Shared ownership1
    Does not apply0
    Social rented: Other social rented0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the IP2 8LU have 2 people in household (51), and 1 person in household (41).

    2 people in household51
    1 person in household41
    3 people in household23
    4 people in household12
    5 people in household7
    6 people in household3
    0 people in household0
    7 people in household0
    8 or more people in household0