Ipswich

Data from Land Registry, ONS, Bank of England

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Avg. price

£213,736

↓ -4.7% YoY

Affordability

6.64x

price-to-earnings

Avg. rent

£986/mo

↑ +3.1% YoY

Market outlook for Ipswich

Key indicators for buyers

Prices falling-4.7% YoYPotential buying opportunity

Moderate6.6xImproving from 8.0x in 2021

Rates moderate5.14%2yr fixed, 75% LTV

Market busy+53% YoYMore competition

Rents rising fast+3.1% YoYWaiting costs more (£986/mo)

The Ipswich market is moderately favourable for buyers. Prices have softened (-4.7%), which could present a buying opportunity. Affordability has improved from a peak of 8.0x in 2021 to 6.6x today. Rising rents (£986/mo, +3.1%) mean the cost of waiting is real.

Price trends

Average sale prices · HM Land Registry / UK HPI

£213,736

↓ -4.7% 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

£986/mo

↑ +3.1% YoY

Average monthly rent in Ipswich is £986, up 3.1% year-on-year. Rents have risen consistently over the past five years.

Monthly mortgage

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

£950

per month at 5.14%

LTV

Term

Deposit (25%)

£53k

Stamp duty

£0

Based on the average Ipswich price of £213,736 with a 25% deposit (£53k), a 2-year fixed mortgage at 5.14% costs around £950 per month.

Rent vs buy snapshot

Monthly cost comparison based on current data

Renting

£986

per month

0% equity built

Buying (mortgage)

£950

per month

£36 less than renting

Breakeven

7yr

to recoup deposit

vs renting + investing

Monthly mortgage payments (£950) are £36 less than renting (£986). However, buying requires an upfront deposit of £53k — 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
1, WESTBURY ROAD IP4 4RH	Semi-detached	£345,000	26 Mar 2026
29, LACEY STREET IP4 2PH	Semi-detached	£268,000	24 Mar 2026
250, BRITANNIA ROAD IP4 5HF	Terraced	£220,000	23 Mar 2026
11, PROVAN COURT IP3 8GJ	Terraced	£220,000	20 Mar 2026
19, MAUDSLAY ROAD IP1 5PN	Terraced	£220,000	20 Mar 2026
579, BRAMFORD LANE IP1 5JX	Semi-detached	£218,000	20 Mar 2026
FLAT 37, PARKWOOD, 11, HENLEY ROAD IP1 3SE	Flat/Maisonette

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