Surrey Road - IP1 2LE
Key Postcode Insights
IP1 2LE is a residential postcode situated on Surrey Road, Ipswich, IP1 with 49 addresses.
It ranks as the 818th largest and 178th most expensive of the 898 postcodes in the IP1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 49 properties: 49 houses.
- Ave. Sale Price
- £141,419
- 10 Year change
- up 33.2%
- Ave. Rental Price
- £844pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £199/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
IP1 2LE is a residential postcode situated on Surrey Road, Ipswich, IP1 with 49 addresses.
It ranks as the 818th largest and 178th most expensive of the 898 postcodes in the IP1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 49 properties: 49 houses.
- Ave. Sale Price
- £141,419
- 10 Year change
- up 33.2%
- Ave. Rental Price
- £844pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £199/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin IP1 2LE
- 1A Surrey Road
Unknown
- 3 Surrey Road
3 Bed Period House
- 4 Surrey Road
3 Bed Period House
- 5 Surrey Road
3 Bed Period House
- 6 Surrey Road
Unknown
Sales Market Trends
The last sale in IP1 2LE sold for £135,000 on 3rd June 2024. Since then prices are down an average of 0.1%.
The current average value in the postcode is £141,419.
The IP1 2LE Sales Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £141,419 |
| June 2025 | 0.9% | £142,817 |
| June 2024 | -3.5% | £141,560 |
| June 2023 | 0.9% | £146,676 |
| June 2022 | 11.5% | £145,336 |
| June 2021 | 4.4% | £130,351 |
| June 2020 | 0.7% | £124,876 |
| June 2019 | 2.5% | £124,035 |
| June 2018 | 6% | £120,976 |
| June 2017 | 7.5% | £114,126 |
| June 2016 | 10.8% | £106,154 |
| June 2015 | 5.2% | £95,827 |
| June 2014 | 9.9% | £91,070 |
| June 2013 | 2.8% | £82,879 |
| June 2012 | 1.4% | £80,631 |
| June 2011 | -0.1% | £79,518 |
| June 2010 | 7.9% | £79,575 |
| June 2009 | -15.5% | £73,759 |
| June 2008 | -7.1% | £87,257 |
| June 2007 | 0% | £93,904 |
Rental Market Trends
The current average rental value in the postcode is £844.
The IP1 2LE Rental Market has increased by 59.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £844pcm |
| June 2025 | 6.2% | £818pcm |
| June 2024 | 5.3% | £770pcm |
| June 2023 | 8.7% | £731pcm |
| June 2022 | 9.4% | £673pcm |
| June 2021 | 7% | £614pcm |
| June 2020 | 0.9% | £574pcm |
| June 2019 | 0.4% | £569pcm |
| June 2018 | 3% | £566pcm |
| June 2017 | 4.2% | £550pcm |
| June 2016 | 6.8% | £528pcm |
| June 2015 | 4.3% | £494pcm |
| June 2014 | 3.7% | £474pcm |
| June 2013 | 3% | £457pcm |
| June 2012 | 1.6% | £443pcm |
| June 2011 | 3.7% | £436pcm |
| June 2010 | 4.1% | £421pcm |
| June 2009 | -11.1% | £404pcm |
| June 2008 | 0.6% | £455pcm |
| June 2007 | 0% | £452pcm |
Sales History
The last sale was on 3rd June 2024 for £135,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 91 sales since 1995.
IP1 2LE has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2024£135,000 | 3 Bed House52, Surrey Road, Ipswich, IP1 2LE52, Surrey Road, Ipswich, IP1 2LE
- Sold May 2024£150,000 | 3 Bed House29, Surrey Road, Ipswich, IP1 2LE29, Surrey Road, Ipswich, IP1 2LE
- Sold Jan 2024£140,000 | 3 Bed House3, Surrey Road, Ipswich, IP1 2LE3, Surrey Road, Ipswich, IP1 2LE
- Sold Mar 2023£130,000 | 3 Bed House3, Surrey Road, Ipswich, IP1 2LE3, Surrey Road, Ipswich, IP1 2LE
- Sold Oct 2022£140,000 | 3 Bed House11, Surrey Road, Ipswich, IP1 2LE11, Surrey Road, Ipswich, IP1 2LE
Nearby Postcodes
IP1 2LE is the 818th largest and the 178th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 2JY, The Gates, Ipswich, IP1IP1 2JY9 Addresses|73 m away
- IP1 2FD, Prospect Street, Ipswich, IP1IP1 2FD5 Addresses|80 m away
- IP1 2LF, Surrey Road, Ipswich, IP1IP1 2LF45 Addresses|87 m away
- IP1 2LB, Sirdar Road, Ipswich, IP1IP1 2LB41 Addresses|108 m away
- IP1 2JX, Victoria Street, Ipswich, IP1IP1 2JX35 Addresses|124 m away
Property Types
- 37 period houses built between 1800 and 1911
- 1 house of an unknown age
- 11 other addresses of unknown type
- period house (37)
- house (1)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 37 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (1)
- F (0)
- C (11)
- G (0)
- D (20)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold May 2022£168,100 | 3 Bed House45, Surrey Road, Ipswich, IP1 2LE45, Surrey Road, Ipswich, IP1 2LE
- Sold Aug 2023£163,500 | 3 Bed House106, Surrey Road, Ipswich, IP1 2LF106, Surrey Road, Ipswich, IP1 2LF
- Sold Jul 2022£160,000 | 3 Bed House49, Surrey Road, Ipswich, IP1 2LF49, Surrey Road, Ipswich, IP1 2LF
Schools Nearby
- Handford Hall Primary School200 m away
- St Matthew's Church of England Primary School, Ipswich600 m away
- Ranelagh Primary School600 m away
- Chantry Academy1.8 km away
- Westbourne Academy1.9 km away
- Stoke High School - Ormiston Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to IP1 2LE is Ipswich station, which is 1.2 kilometres away.
- Ipswich|1.2 km away
- Westerfield|3.0 km away
- Derby Road (Ipswich)|3.2 km away
- Needham Market|11.7 km away
