Area Guide For Ipswich

Ipswich is a vast town in Suffolk, England, of which it is the province town. Ipswich is found on the estuary of the River Orwell. Close-by towns are Felixstowe, Woodbridge, Needham Market and Stowmarket in Suffolk and Harwich and Colchester in Essex. Ipswich is a non-metropolitan locale.

The urban improvement of Ipswich overspills the district limits fundamentally, with 75% of the town's populace living inside the precinct at the time of the 2011 statistic , when it was the fourth-biggest urban territory in the United Kingdom's East of England area, and the 38th biggest urban zone in England and Wales.


Ipswich Map

Estimated Price: £220,922
Average Asking Price: £255,593
Price change in last one year: £10,526
Average Price Paid: £184,654
Average Rent Rates: £765


Property Prices Breakdown in Ipswich

Average Price for property in Ipswich is around £220,922 which varies based on type of property you are interested in and ranges from £334,510 for detached house to around £193,618 for semi-detached. Similarly terraced house is around £157,024 and a flat is worth £133,204. Values have been changing and have risen £2,048 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,898 in last 6 months, £10,526 in last 1 year, £18,838 in last 2 years, £23,789 in last 3 years, £27,107 in last 4 years and £23,567 in last 5 years.

Currently average asking price of a property in Ipswich is around £255,593 based on approximately 3,183 properties for sale. Same is the case with rental options based on 380 properties up for rent, average asking rent is around £765 per month.

Estimated property value in Ipswich is £220,922. Average asking price is £255,593 while average price paid is £196,843 which is up by £10,526 and Avg. asking rent £765.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Ipswich area. In last 1 year alone average price buyer paid is around £196,843 based on approximately 3,183 sales in Ipswich area alone. If you compare it to last 3 years sales of 9,106 properties where buyers paid around £187,243. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £184,654 for 14,461 and average amount paid for purchase of approx. 19,771 properties sold in last 7 years comes to about £180,762 per sale.


Properties For Sale in Ipswich


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £145,063, £177,331 for a 2 bedroom house, £218,635 for a 3 bedroom house, £346,191 for a 4 bedroom house and £513,369 for a 5 bedroom house. For a flat similarly the prices varies from £90,761 for a single bedroom to £125,889 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £203,333. To sum up the asking prices for properties in Ipswich it comes to around average £101,204 for 1 bedroom property, £154,271 for 2 bedroom, £218,505 for 3 bedroom, £346,191 for 4 bedroom and £513,369 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £390 for 1 bedroom to £647 for 2 bedrooms, £764 for 3 bedrooms, £1,078 for 4 bedrooms and £1,309 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £457. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £642 and £585 for 3 bedroom. You should be generally be expecting around average £442 rent per month for single bedroom property, £644 for 2 bedroom, £759 for 3 bedroom, £1,078 for 4 bedroom and approximately £1,309 for a 5 bedroom property in Ipswich area.

Popular Houses in Ipswich

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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