Ipswich

Data from Land Registry, ONS, Bank of England

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Avg. price

£218,245

↓ -1.8% YoY

Affordability

6.64x

price-to-earnings

Avg. rent

£985/mo

↑ +4.2% YoY

Market outlook for Ipswich

Key indicators for buyers

Prices easing-1.8% YoYPotential buying opportunity

Moderate6.6xImproving from 8.0x in 2021

Rates favourable3.97%2yr fixed, 75% LTV

Market quiet-6% YoYLess competition

Rents rising fast+4.2% YoYWaiting costs more (£985/mo)

The Ipswich market looks favourable for buyers. Affordability has improved from a peak of 8.0x in 2021 to 6.6x today. Rising rents (£985/mo, +4.2%) mean the cost of waiting is real.

Price trends

Average sale prices · HM Land Registry / UK HPI

£218,245

↓ -1.8% YoY

Affordability ratio

House price ÷ median earnings · ONS data

6.64x

price-to-earnings

A home in Ipswich costs 6.6x the local median salary — moderate, improving from a peak of 8.0x in 2021.

Rental trends

Average monthly rent · ONS Private Rental Index

£985/mo

↑ +4.2% YoY

Average monthly rent in Ipswich is £985, up 4.2% year-on-year. Rents have risen consistently over the past five years.

Monthly mortgage

2yr fixed · 75% LTV · 25yr term · BoE avg. rate

£861

per month at 3.97%

LTV

Term

Deposit (25%)

£55k

Stamp duty

£0

Based on the average Ipswich price of £218,245 with a 25% deposit (£55k), a 2-year fixed mortgage at 3.97% costs around £861 per month.

Rent vs buy snapshot

Monthly cost comparison based on current data

Renting

£985

per month

0% equity built

Buying (mortgage)

£861

per month

£124 less than renting

Breakeven

7yr

to recoup deposit

vs renting + investing

Monthly mortgage payments (£861) are £124 less than renting (£985). However, buying requires an upfront deposit of £55k — it would take around 7 years to recoup that cost compared to renting and investing the difference.

Recent sales

Latest transactions · HM Land Registry Price Paid Data

Address	Type	Price	Date
34, GYMNASIUM STREET IP1 3NX	Terraced	£135,000	30 Jan 2026
307, SPRING ROAD IP4 5ND	Flat/Maisonette	£140,000	23 Jan 2026
68, HILTON ROAD IP3 9RH	Terraced	£183,500	22 Jan 2026
24, SIDEGATE LANE WEST IP4 3BZ	Semi-detached	£450,000	22 Jan 2026
287, DEFOE ROAD IP1 6SF	Semi-detached	£240,000	21 Jan 2026
50, NORFOLK ROAD IP4 2HB	Terraced	£175,000	20 Jan 2026
8, CARMARTHEN CLOSE IP2 8QG	Semi-detached	£245,000

Explore postcodes in Ipswich

4postcode districts · Click for detailed prices

Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions