Market outlook for IP1
Key indicators for buyers
The IP1 market is moderately favourable for buyers. Prices have softened (-12.9%), 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
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Ipswich area
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
Rental data shown for wider Ipswich area
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
Based on the average Ipswich price of £236,508 with a 25% deposit (£59k), a 2-year fixed mortgage at 5.14% costs around £1,051 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses IP1 avg. price with Ipswich rental data
Monthly mortgage payments (£1,051) are £65 more than renting (£986). However, buying requires an upfront deposit of £59k — it would take around 9 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 |
|---|---|---|---|
579, BRAMFORD LANE IP1 5JX | Semi-detached | £218,000 | 20 Mar 2026 |
19, MAUDSLAY ROAD IP1 5PN | Terraced | £220,000 | 20 Mar 2026 |
FLAT 37, PARKWOOD, 11, HENLEY ROAD IP1 3SE | Flat/Maisonette | £170,000 | 19 Mar 2026 |
27, BEACONSFIELD ROAD IP1 4AD | Terraced | £180,000 | 17 Mar 2026 |
2, BROADWAY VILLAS IP1 6JU | Semi-detached | £235,000 | 16 Mar 2026 |
134, WHITTON CHURCH LANE IP1 6LP | Semi-detached | £235,000 | 16 Mar 2026 |
48, DEFOE ROAD IP1 6SQ | Semi-detached |
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
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.