Norwich Road - IP1 2ET
Key Postcode Insights
IP1 2ET is a residential postcode situated on Norwich Road, Ipswich, IP1 with 26 addresses.
It ranks as the 597th largest and 96th most expensive of the 898 postcodes in the IP1 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 26 properties: 6 houses and 20 flats.
- Ave. Sale Price
- £161,134
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £862pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £214/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
IP1 2ET is a residential postcode situated on Norwich Road, Ipswich, IP1 with 26 addresses.
It ranks as the 597th largest and 96th most expensive of the 898 postcodes in the IP1 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 26 properties: 6 houses and 20 flats.
- Ave. Sale Price
- £161,134
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £862pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £214/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin IP1 2ET
- 1 Norwich Road
Building  |  2 Flats
- 3 Norwich Road
Building  |  2 Flats
- 5 Norwich Road
Building  |  2 Flats
- 7 Norwich Road
Building  |  2 Flats
- 9A Norwich Road
2 Bed Period Flat
Sales Market Trends
The last sale in IP1 2ET sold for £400,000 on 9th October 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £161,134.
The IP1 2ET Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £161,134 |
| June 2025 | -0.6% | £162,420 |
| June 2024 | -2.7% | £163,444 |
| June 2023 | 1.7% | £167,986 |
| June 2022 | 8.4% | £165,137 |
| June 2021 | 3.1% | £152,298 |
| June 2020 | 1% | £147,780 |
| June 2019 | 2.2% | £146,277 |
| June 2018 | 5.2% | £143,128 |
| June 2017 | 4.9% | £136,036 |
| June 2016 | 8.5% | £129,638 |
| June 2015 | 4.3% | £119,435 |
| June 2014 | 8.2% | £114,514 |
| June 2013 | 2.9% | £105,798 |
| June 2012 | 0.1% | £102,769 |
| June 2011 | -0.5% | £102,707 |
| June 2010 | 5.8% | £103,230 |
| June 2009 | -15.2% | £97,560 |
| June 2008 | -6.6% | £115,084 |
| June 2007 | 0% | £123,263 |
Rental Market Trends
The current average rental value in the postcode is £862.
The IP1 2ET Rental Market has increased by 49.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £862pcm |
| June 2025 | 4.6% | £834pcm |
| June 2024 | 6.2% | £797pcm |
| June 2023 | 9.6% | £751pcm |
| June 2022 | 6.5% | £685pcm |
| June 2021 | 5.6% | £643pcm |
| June 2020 | 1.3% | £609pcm |
| June 2019 | 0.1% | £601pcm |
| June 2018 | 2.2% | £601pcm |
| June 2017 | 1.6% | £587pcm |
| June 2016 | 4.7% | £578pcm |
| June 2015 | 3.4% | £552pcm |
| June 2014 | 2.1% | £534pcm |
| June 2013 | 3.2% | £523pcm |
| June 2012 | 0.3% | £506pcm |
| June 2011 | 3.3% | £505pcm |
| June 2010 | 2% | £489pcm |
| June 2009 | -10.9% | £479pcm |
| June 2008 | 1% | £538pcm |
| June 2007 | 0% | £532pcm |
Sales History
The last sale was on 9th October 2024 for £400,000 and since then the market in the area has remained stable. The postcode has had a total of 16 sales since 1995.
IP1 2ET has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2024£400,000 | 2 Bed Flat1A, Norwich Road, Ipswich, IP1 2ET1A, Norwich Road, Ipswich, IP1 2ET
- Sold Nov 2022£330,000 | 2 Bed Flat29C, Norwich Road, Ipswich, IP1 2ET29C, Norwich Road, Ipswich, IP1 2ET
- Sold May 2022£120,000 | 2 Bed Flat35, Norwich Road, Ipswich, IP1 2ET35, Norwich Road, Ipswich, IP1 2ET
- Sold Jan 2021£165,000 | 2 Bed Flat5, Norwich Road, Ipswich, IP1 2ET5, Norwich Road, Ipswich, IP1 2ET
- Sold Nov 2020£68,000 | 3 Bed House25, Norwich Road, Ipswich, IP1 2ET25, Norwich Road, Ipswich, IP1 2ET
Nearby Postcodes
IP1 2ET is the 597th largest and the 96th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 2JD, Clarkson Street, Ipswich, IP1IP1 2JD20 Addresses|35 m away
- IP1 2NJ, Norwich Road, Ipswich, IP1IP1 2NJ4 Addresses|42 m away
- IP1 2JE, Granville Street, Ipswich, IP1IP1 2JE15 Addresses|73 m away
- IP1 2JB, Clarkson Street, Ipswich, IP1IP1 2JB37 Addresses|76 m away
- IP1 2JF, Gaye Street, Ipswich, IP1IP1 2JF11 Addresses|91 m away
Property Types
- 18 period flats built between 1800 and 1911
- 3 modern flats built after 1980
- 5 other addresses of unknown type
- period flat (18)
- modern flat (3)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (1)
- D (7)
- No EPC (15)
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, Ipswich300 m away
- Handford Hall Primary School600 m away
- Ranelagh Primary School1.0 km away
- Stoke High School - Ormiston Academy2.0 km away
- Chantry Academy2.1 km away
- Westbourne Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to IP1 2ET is Ipswich station, which is 1.1 kilometres away.
- Ipswich|1.1 km away
- Westerfield|2.7 km away
- Derby Road (Ipswich)|2.8 km away
- Needham Market|11.9 km away
