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© 2026 UK House Prices. Data sourced from HM Land Registry.

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0.

Area guide

IP5 area guide — property prices & local market

Everything you need to know about buying property in the IP5 postcode area, covering Ipswich and surrounding areas. All price data sourced from HM Land Registry — updated August 2026.

IP5 area price snapshot

Average price

£206,410

Median price

£195,000

5-year trend

+54.2%

Total sales

13,022

The IP5 area has 406 individual postcodes with 13,022 registered sales. Prices are +48.3% below the national average, with the largest concentration in Ipswich. The five-year price movement is +54.2%.

About Ipswich

A historic Suffolk county town with a strong maritime heritage, direct trains to London Liverpool Street and more affordable housing than the South East average.

🚆 Main station

Ipswich

⏱️ London commute

~65 min by train

🏫 Notable school

Ipswich School

View full Ipswich property data →

Market context

With an average of £206,410, IP5 is a mid-range area, +48.3% below the national average. Mid-range areas typically offer a broad selection of property types for first-time buyers and second-steppers. The dataset includes 13,022 recorded sales across 406 postcodes.

The five-year price trend in IP5 is +54.2%, significantly outpacing many other areas. This level of growth may reflect improving local amenities, transport links or broader regeneration.

Buying tips for IP5

  • 🏠Consider property type mix. Mid-range areas typically have a diverse housing stock. Use the street and postcode pages to find the property type that fits your budget.
  • 📈Look for growth potential. The 5-year price trend on this page shows how IP5 has performed. Compare it with nearby areas using the location comparison tool.
  • 🧮Factor in Stamp Duty. Use the Stamp Duty Calculator to estimate purchase costs based on the average price in IP5.
  • 🏘️Explore Ipswich. Much of the IP5 activity centres on Ipswich. Check the town-level data for more granular market analysis.
  • 💡Check individual postcodes. Average prices can mask significant variation between postcodes in the IP5 area. Browse the individual postcode pages to find properties that match your budget.
  • 💡Compare asking prices to sold prices. Use the Asking Price Checker to see whether a listing price aligns with local sold-price evidence.
  • 💡Use sold prices as evidence, not valuation. Historical data helps you understand market trends but does not replace a professional valuation by a qualified surveyor.

Top postcodes in IP5

IP5 2GW

£130,848 avg · 167 sales

IP5 2WX

£170,511 avg · 163 sales

IP5 2BA

£190,006 avg · 158 sales

IP5 2WH

£171,680 avg · 150 sales

IP5 2EB

£207,680 avg · 149 sales

IP5 2DS

£241,431 avg · 144 sales

IP5 2FA

£200,475 avg · 139 sales

IP5 2GJ

£146,617 avg · 139 sales

IP5 2HJ

£209,762 avg · 122 sales

View all 406 postcodes in IP5 →

Useful tools for IP5 buyers

🧮

Stamp Duty ~£1,628

Avg £206,410 in IP5

Full guide →

📊

Asking Price Checker

Compare asking prices with sold-price evidence

📖

Stamp Duty Guide

Complete 2025 SDLT, LTT & LBTT guide

⚖️

Location Comparison

Compare IP5 with other areas

🏘️

Ipswich data

Full town-level property statistics

About this guide

This IP5 area guide is based on HM Land Registry Price Paid Data, covering registered residential property sales in England and Wales from January 1995 onwards. All figures are historical sold prices, not current valuations or asking prices.

Data last updated: August 2026 · View methodology

Frequently asked questions

What is the average house price in IP5?

The average sold price in the IP5 postcode area is £206,410, based on 13,022 HM Land Registry transactions. The largest town in this area is Ipswich.

How do IP5 house prices compare to the UK average?

Properties in IP5 average £206,410, which is +48.3% below the national average of £398,894 for England and Wales.

Why is the median price in IP5 lower than the average?

The median price (£195,000) is 5.5% below the average (£206,410), suggesting a mix of property types or a few high-value sales pulling the mean upward. This is common in areas with both affordable and premium housing.

How have IP5 house prices changed over 5 years?

Prices in IP5 have moved +54.2% over five years, reflecting broader UK house price growth. The large sample size gives confidence in this trend.

Are these area guide prices valuations or asking prices?

No. All figures on this page are historical completed sale prices from HM Land Registry Price Paid Data. They are not current valuations, estate agent asking prices, or financial advice. Always seek professional advice before making property decisions.

Related guides

Asking Price vs Sold Price in the UK

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How to Use Sold Prices When Making an Offer

Use sold-price evidence to prepare for a UK property offer.

Down Valuations: What to Do

Respond to a low mortgage valuation with local sold-price evidence.

View all guides →