Norwich Road - IP1 2EP
Key Postcode Insights
IP1 2EP is a residential postcode situated on Norwich Road, Ipswich, IP1 with 31 addresses.
It ranks as the 656th largest and 56th 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 31 properties: 3 houses and 28 flats.
- Ave. Sale Price
- £123,515
- 10 Year change
- up 26.2%
- Ave. Rental Price
- £737pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £144/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
IP1 2EP is a residential postcode situated on Norwich Road, Ipswich, IP1 with 31 addresses.
It ranks as the 656th largest and 56th 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 31 properties: 3 houses and 28 flats.
- Ave. Sale Price
- £123,515
- 10 Year change
- up 26.2%
- Ave. Rental Price
- £737pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £144/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin IP1 2EP
- 47 Norwich Road
Building | 2 Flats
- 51 Norwich Road
Unknown
- 59 Norwich Road
Modern Building | 24 Units
- 69 Norwich Road
Building | 2 Flats
- 71 Norwich Road
Unknown
Sales Market Trends
The last sale in IP1 2EP sold for £117,500 on 10th January 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £123,515.
The IP1 2EP Sales Market has increased by 26.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £123,515 |
| June 2025 | -0.3% | £124,380 |
| June 2024 | -2.9% | £124,722 |
| June 2023 | 1.4% | £128,463 |
| June 2022 | 9.3% | £126,750 |
| June 2021 | 3.3% | £115,982 |
| June 2020 | 1% | £112,308 |
| June 2019 | 2.2% | £111,241 |
| June 2018 | 5.3% | £108,895 |
| June 2017 | 5.6% | £103,366 |
| June 2016 | 9.3% | £97,890 |
| June 2015 | 4.5% | £89,566 |
| June 2014 | 8.7% | £85,716 |
| June 2013 | 2.9% | £78,848 |
| June 2012 | 0.1% | £76,641 |
| June 2011 | -0.5% | £76,536 |
| June 2010 | 6% | £76,921 |
| June 2009 | -15.5% | £72,572 |
| June 2008 | -6.9% | £85,900 |
| June 2007 | 0% | £92,237 |
Rental Market Trends
The current average rental value in the postcode is £737.
The IP1 2EP Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £737pcm |
| June 2025 | 5% | £713pcm |
| June 2024 | 5.9% | £679pcm |
| June 2023 | 9.2% | £641pcm |
| June 2022 | 7.3% | £587pcm |
| June 2021 | 5.8% | £547pcm |
| June 2020 | 1.2% | £517pcm |
| June 2019 | 0.1% | £511pcm |
| June 2018 | 2.4% | £510pcm |
| June 2017 | 2.3% | £498pcm |
| June 2016 | 5.4% | £487pcm |
| June 2015 | 3.6% | £462pcm |
| June 2014 | 2.6% | £446pcm |
| June 2013 | 3.1% | £435pcm |
| June 2012 | 0.4% | £422pcm |
| June 2011 | 3.3% | £420pcm |
| June 2010 | 2.2% | £407pcm |
| June 2009 | -11.2% | £398pcm |
| June 2008 | 0.8% | £448pcm |
| June 2007 | 0% | £444pcm |
Sales History
The last sale was on 10th January 2025 for £117,500 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 39 sales since 1995.
IP1 2EP has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2025£117,500 | 3 Bed FlatFlat 17, 59, Norwich Road, Ipswich, IP1 2EPFlat 17, 59, Norwich Road, Ipswich, IP1 2EP
- Sold Oct 2023£119,000 | 2 Bed FlatFlat 23, 59, Norwich Road, Ipswich, IP1 2EPFlat 23, 59, Norwich Road, Ipswich, IP1 2EP
- Sold Dec 2022£130,000 | 2 Bed FlatFlat 21, 59, Norwich Road, Ipswich, IP1 2EPFlat 21, 59, Norwich Road, Ipswich, IP1 2EP
- Sold Apr 2021£70,000 | 2 Bed FlatFlat 13, 59, Norwich Road, Ipswich, IP1 2EPFlat 13, 59, Norwich Road, Ipswich, IP1 2EP
- Sold Apr 2021£65,000 | 2 Bed FlatFlat 2, 59, Norwich Road, Ipswich, IP1 2EPFlat 2, 59, Norwich Road, Ipswich, IP1 2EP
Nearby Postcodes
IP1 2EP is the 656th largest and the 56th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 2JF, Gaye Street, Ipswich, IP1IP1 2JF11 Addresses|21 m away
- IP1 2NL, Norwich Road, Ipswich, IP1IP1 2NL10 Addresses|39 m away
- IP1 3NU, South Street, Ipswich, IP1IP1 3NU3 Addresses|45 m away
- IP1 2HZ, Wilberforce Street, Ipswich, IP1IP1 2HZ29 Addresses|46 m away
- IP1 2JQ, Benezet Street, Ipswich, IP1IP1 2JQ30 Addresses|49 m away
Property Types
- 4 period flats built between 1800 and 1911
- 24 modern flats built after 1980
- 3 other addresses of unknown type
- period flat (4)
- modern flat (24)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (4)
- F (0)
- C (13)
- G (1)
- D (8)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Feb 2021£615,000 | 6 Bed House152, Norwich Road, Ipswich, IP1 2PT152, Norwich Road, Ipswich, IP1 2PT
- Sold Aug 2012£500,000 | 5 Bed House150, Norwich Road, Ipswich, IP1 2PT150, Norwich Road, Ipswich, IP1 2PT
- Sold Sep 2007£499,995 | 6 Bed House310, Norwich Road, Ipswich, IP1 4HD310, Norwich Road, Ipswich, IP1 4HD
Schools Nearby
- St Matthew's Church of England Primary School, Ipswich400 m away
- Handford Hall Primary School500 m away
- Springfield Junior School1.0 km away
- Chantry Academy2.1 km away
- Stoke High School - Ormiston Academy2.1 km away
- Westbourne Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to IP1 2EP is Ipswich station, which is 1.2 kilometres away.
- Ipswich|1.2 km away
- Westerfield|2.7 km away
- Derby Road (Ipswich)|2.9 km away
- Needham Market|11.8 km away
