House prices in IP1 4 (Ipswich)

This article reveals price per square metre data and various charts to help you understand current housing market in 'IP1 4' (Ipswich) - statistics were last calculated on 30 August 2024.

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Defining 'IP1 4'

This analysis is limited to properties whose postcode starts with "IP1 4", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Ipswich.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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Change sector

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Ipswich is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 36, All Saints Road, Ipswich, sold for £244,000 on Jun-2024. Given the internal area of 92 square metres, the price per sqm is £2,652.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 178 sales in Ipswich (IP1 4) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Ipswich (IP1 4). Of the 178 transactions, half were sold for between £2,560 and £3,430 per square metre. The median, or 'middle', price per square metre in 'IP1 4' is £2,860. Notably, only 25% of properties that sold recently were valued at more than £3,430 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Ipswich

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Ipswich. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Ipswich

Comparison with neighbouring postcode sectors

The table below shows how 'IP1 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
IP1 6 Ipswich	£2,800 sqm	£3,200 sqm	£3,600 sqm
IP1 2 Ipswich	£1,740 sqm	£2,110 sqm	£2,420 sqm
IP1 4 Ipswich	£2,560 sqm	£2,860 sqm	£3,430 sqm
IP1 1 Ipswich	£1,840 sqm	£2,120 sqm	£2,520 sqm
IP1 3 Ipswich	£2,540 sqm	£2,790 sqm	£3,370 sqm
IP1 5 Ipswich	£2,430 sqm	£2,780 sqm	£3,220 sqm

Will Ipswich house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for IP1 4 (Ipswich) compared with both the wider area IP1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Ipswich to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Ipswich and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Bramford Lane, Ipswich, IP1 4D	75 sqm	£2,520	21
Surbiton Road, Ipswich, IP1 4A	72 sqm	£2,512	17
Bramford Road, Ipswich, IP1 4A	80 sqm	£2,150	17
Richmond Road, Ipswich, IP1 4D	79 sqm	£2,555	17
Kingston Road, Ipswich, IP1 4B	66 sqm	£2,491	15
Broom Hill Road, Ipswich, IP1 4E	105 sqm	£2,447	15
Fulham Way, Ipswich, IP1 4F	83 sqm	£2,419	15
Dales Road, Ipswich, IP1 4J	86 sqm	£3,279	15

Search for your street here.

Raw data

Our analysis of Ipswich is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
36, All Saints Rd, Ipswich	£244,000 Jun-2024	92	2,652
5, Brookfield Rd, Ipswich	£257,500 Jun-2024	82	3,140
31, Mornington Avenue, Ipswich	£174,000 Jun-2024	50	3,480

See the entire list of all sales in Ipswich (IP1 4) here.