Market outlook for IP4
Key indicators for buyers
The IP4 market presents a mixed picture for buyers. Prices are rising at 10.8%, which may favour acting sooner rather than later. 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 £322,123 with a 25% deposit (£81k), a 2-year fixed mortgage at 5.14% costs around £1,432 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses IP4 avg. price with Ipswich rental data
Monthly mortgage payments (£1,432) are £446 more than renting (£986). However, buying requires an upfront deposit of £81k — it would take around 16 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 |
284, OLD FOUNDRY ROAD IP4 2AL | Terraced | £1,427,000 | 13 Mar 2026 |
12, ST MARGARETS PLAIN IP4 2BA | Other | £1,470,000 | 13 Mar 2026 |
FLAT 7, 34, FOUNDATION STREET IP4 1BX | Flat/Maisonette | £100,000 | 10 Mar 2026 |
36, BENT LANE, RUSHMERE ST ANDREW IP4 5RF | 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.