Butter Market - IP1 1BJ
Key Postcode Insights
IP1 1BJ is a residential postcode situated on Butter Market, Ipswich, IP1 with 11 addresses.
It ranks as the 300th largest and 86th most expensive of the 898 postcodes in the IP1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 1 house and 10 flats.
- Ave. Sale Price
- £154,605
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £812pcm
- 10 Year change
- up 46.7%
- Ave. £ per ft²
- £198/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
IP1 1BJ is a residential postcode situated on Butter Market, Ipswich, IP1 with 11 addresses.
It ranks as the 300th largest and 86th most expensive of the 898 postcodes in the IP1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 1 house and 10 flats.
- Ave. Sale Price
- £154,605
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £812pcm
- 10 Year change
- up 46.7%
- Ave. £ per ft²
- £198/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin IP1 1BJ
- Butter House
Modern Building | 6 Units
- 49 Butter Market
Building | 4 Flats
- 51 Butter Market
Unknown
Sales Market Trends
The last sale in IP1 1BJ sold for £230,000 on 11th October 2021. Since then prices are up an average of 51.3%.
The current average value in the postcode is £154,605.
The IP1 1BJ Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £154,605 |
| June 2025 | -1% | £157,063 |
| June 2024 | -2.9% | £158,579 |
| June 2023 | 1.4% | £163,284 |
| June 2022 | 8.1% | £160,962 |
| June 2021 | 4.1% | £148,852 |
| June 2020 | 1.4% | £143,011 |
| June 2019 | 1% | £141,010 |
| June 2018 | 4.6% | £139,666 |
| June 2017 | 5.3% | £133,582 |
| June 2016 | 7.5% | £126,908 |
| June 2015 | 5.6% | £118,011 |
| June 2014 | 7.5% | £111,766 |
| June 2013 | 3.1% | £103,959 |
| June 2012 | 0.5% | £100,865 |
| June 2011 | -1% | £100,328 |
| June 2010 | 7.6% | £101,364 |
| June 2009 | -13.9% | £94,248 |
| June 2008 | -6.4% | £109,405 |
| June 2007 | 0% | £116,896 |
Rental Market Trends
The current average rental value in the postcode is £812.
The IP1 1BJ Rental Market has increased by 46.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £812pcm |
| June 2025 | 4.4% | £792pcm |
| June 2024 | 5.5% | £758pcm |
| June 2023 | 8.8% | £719pcm |
| June 2022 | 7.2% | £661pcm |
| June 2021 | 5.5% | £616pcm |
| June 2020 | 2% | £584pcm |
| June 2019 | 0.1% | £573pcm |
| June 2018 | 1.7% | £573pcm |
| June 2017 | 1.7% | £563pcm |
| June 2016 | 4.5% | £554pcm |
| June 2015 | 3.5% | £530pcm |
| June 2014 | 1.9% | £512pcm |
| June 2013 | 2.8% | £502pcm |
| June 2012 | 1% | £488pcm |
| June 2011 | 3.6% | £483pcm |
| June 2010 | 2.7% | £466pcm |
| June 2009 | -9.3% | £454pcm |
| June 2008 | 1.2% | £501pcm |
| June 2007 | 0% | £495pcm |
Sales History
The last sale was on 11th October 2021 for £230,000 and since then the market in the area has increased by 51.3%. The postcode has had a total of 2 sales since 1995.
IP1 1BJ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
IP1 1BJ is the 300th largest and the 86th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 1DN, St. Lawrence Street, Ipswich, IP1IP1 1DN2 Addresses|8 m away
- IP1 1BT, Butter Market, Ipswich, IP1IP1 1BT2 Addresses|34 m away
- IP1 3AJ, Tavern Street, Ipswich, IP1IP1 3AJ2 Addresses|41 m away
- IP1 1BH, Butter Market, Ipswich, IP1IP1 1BH3 Addresses|47 m away
- IP1 1DR, St. Stephens Church Lane, Ipswich, IP1IP1 1DR1 Addresses|60 m away
Property Types
- 10 modern flats built after 1980
- 1 other address of unknown type
- modern flat (10)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (4)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jul 2015£10,192,123 | 3 Bed House19, Butter Market, Ipswich, IP1 1BQ19, Butter Market, Ipswich, IP1 1BQ
- Sold Oct 2022£3,000,000 | 3 Bed House19, Butter Market, Ipswich, IP1 1BQ19, Butter Market, Ipswich, IP1 1BQ
- Sold Dec 2009£421,000 | 2 Bed FlatFlat 1, 49, Butter Market, Ipswich, IP1 1BJFlat 1, 49, Butter Market, Ipswich, IP1 1BJ
Schools Nearby
- St Margaret's Church of England Voluntary Aided Primary School, Ipswich400 m away
- St Matthew's Church of England Primary School, Ipswich600 m away
- St Helen's Primary School700 m away
- Stoke High School - Ormiston Academy1.6 km away
- Chantry Academy2.3 km away
- Northgate High School2.4 km away
More reading links
Public Transport Nearby
The closest station to IP1 1BJ is Ipswich station, which is 1.1 kilometres away.
- Ipswich|1.1 km away
- Derby Road (Ipswich)|2.0 km away
- Westerfield|2.7 km away
- Woodbridge|11.7 km away
