Housing Market Analysis for IP2 8LY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average IP2 8LY 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 8LY

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

    AddressSold DatePrice% Change

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

    IP2 8LY Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £154,949 median price is £112,000 Standard Deviation is £91,598 with Total Sold: 113
      • The Last 5 Year average price is £293,214 with Total Sold: 14
      • 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 , 67 MONMOUTH CLOSE: £81,000 (Sold on 30 Jun 1995)
    • Semi-Detached
      • The average price is around £120,736 median price is £118,000 Standard Deviation is £66,136 with Total Sold: 289
      • The Last 5 Year average price is £204,815 with Total Sold: 54
      • The most recent sale happened at this postcode is , 306 WHERSTEAD ROAD: £200,000 (Sold on 17 May 2024)
      • The first recorded sale happened at this postcode is , 457 WHERSTEAD ROAD: £30,000 (Sold on 24 Feb 1995)
    • Terraced
      • The average price is around £109,223 median price is £112,000 Standard Deviation is £53,052 with Total Sold: 194
      • The Last 5 Year average price is £181,961 with Total Sold: 31
      • The most recent sale happened at this postcode is , 386 WHERSTEAD ROAD: £210,000 (Sold on 05 Apr 2024)
      • The first recorded sale happened at this postcode is , 564 WHERSTEAD ROAD: £30,500 (Sold on 27 Jan 1995)
    • Other
      • The average price is around £3,946,158 median price is £746,698 Standard Deviation is £6,935,353 with Total Sold: 8
      • The Last 5 Year average price is £1,060,860 with Total Sold: 4
      • The most recent sale happened at this postcode is , 332 WHERSTEAD ROAD: £893,397 (Sold on 31 Oct 2023)
      • The first recorded sale happened at this postcode is , MONMOUTH COURT NURSING HOME MONMOUTH CLOSE: £4,858,324 (Sold on 22 Jul 2016)
    • Flat
      • The average price is around £90,327 median price is £90,000 Standard Deviation is £47,869 with Total Sold: 56
      • 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)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£375,0002
    2023£345,000 £2,837 2
    2021£280,000 £2,682 3
    2020£251,500 £2,579 5
    2019£283,750 £2,647 2
    2018£217,500 £1,882 2
    2017£284,075 £2,078 2
    2016£254,875 £2,552 4
    2015£265,000 £2,137 1
    2014£232,500 £2,057 4
    2013£166,000 £1,816 2
    2012£250,000 £1,278 1
    2010£202,375 £1,683 4
    2009£227,250 £1,924 2
    2007£235,198 £1,823 5
    2006£150,500 £1,729 2
    2005£187,0003
    2004£232,000 £1,498 4
    2003£63,000 £1,432 1
    2002£132,833 £1,282 3
    2001£146,983 £1,242 3
    2000£113,975 £1,110 2
    1999£81,750 £775 4
    1998£88,500 £506 3
    1997£67,250 £723 2
    1996£80,966 £710 25
    1995£74,652 £676 20
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£211,667 £2,468 3
    2023£226,375 £2,454 12
    2022£234,400 £2,775 15
    2021£184,778 £2,019 9
    2020£167,300 £2,067 10
    2019£171,300 £1,919 5
    2018£183,977 £2,283 11
    2017£167,710 £2,123 10
    2016£173,143 £1,928 7
    2015£137,583 £1,616 12
    2014£136,200 £1,549 5
    2013£116,650 £1,355 10
    2012£115,700 £1,320 5
    2011£147,222 £1,078 9
    2010£116,883 £1,369 6
    2009£105,400 £1,245 5
    2008£158,400 £1,694 5
    2007£125,955 £1,616 11
    2006£128,829 £1,798 12
    2005£124,399 £1,321 5
    2004£114,346 £1,260 13
    2003£103,760 £1,023 12
    2002£86,076 £1,041 14
    2001£76,050 £847 10
    2000£55,600 £718 10
    1999£53,376 £593 19
    1998£46,674 £543 12
    1997£37,050 £431 15
    1996£33,827 £357 13
    1995£30,312 £346 4
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£210,0001
    2023£217,700 £2,972 5
    2022£181,162 £2,641 8
    2021£188,250 £2,509 4
    2020£164,375 £2,035 4
    2019£164,722 £2,182 9
    2018£163,125 £2,184 4
    2017£168,300 £2,042 5
    2016£169,714 £1,716 7
    2015£132,409 £1,622 11
    2014£102,400 £1,303 5
    2013£125,000 £1,723 5
    2012£104,875 £1,323 4
    2011£113,600 £1,580 5
    2010£108,833 £1,450 3
    2009£111,417 £1,320 6
    2008£125,700 £2,008 5
    2007£135,095 £1,540 10
    2006£109,785 £1,397 18
    2005£103,240 £1,250 5
    2004£101,840 £1,209 5
    2003£86,214 £1,140 7
    2002£68,964 £998 8
    2001£58,694 £821 9
    2000£48,400 £665 10
    1999£43,812 £572 8
    1998£42,797 £479 3
    1997£35,438 £471 4
    1996£29,900 £384 5
    1995£33,814 £507 11
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£893,3971
    2021£58,300 £694 1
    2019£1,645,8722
    2018£333,750 £637 2
    2017£21,800,0001
    2016£4,858,3241
    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£186,250 £2,419 2
    2017£168,250 £2,268 4
    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£77,000 £1,403 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£80,750 £843 6
    2002£62,500 £1,057 1
    2001£19,040 £302 1
    2000£31,998 £603 2
    1999£49,250 £966 1
    1997£26,500 £413 2
    1996£21,500 £415 1
    1995£30,140 £416 5

    House Type in IP2 8LY area

    The most common house types in the IP2 8LY postcode area are Semi-detached (85), Flat (20), and Detached (14).

    Total136
    Semi-detached85
    Flat20
    Detached14
    Terraced10
    Shared house6
    converted building1
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Owned: Owns with a mortgage or loan (44).

    Owned: Owns outright48
    Owned: Owns with a mortgage or loan44
    Private rented: Private landlord or letting agency37
    Private rented: Other private rented5
    Social rented: Rents from council or Local Authority1
    Social rented: Other social rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the IP2 8LY have 2 people in household (44), and 1 person in household (41).

    2 people in household44
    1 person in household41
    3 people in household30
    4 people in household14
    5 people in household3
    6 people in household3
    7 people in household1
    0 people in household0
    8 or more people in household0