Berners Street - IP1 3LU
Key Postcode Insights
IP1 3LU is a residential postcode situated on Berners Street, Ipswich, IP1 with 43 addresses.
It ranks as the 778th largest and 263rd 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 43 properties: 19 houses and 24 flats.
- Ave. Sale Price
- £239,903
- 10 Year change
- up 23.4%
- Ave. Rental Price
- £1,172pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
IP1 3LU is a residential postcode situated on Berners Street, Ipswich, IP1 with 43 addresses.
It ranks as the 778th largest and 263rd 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 43 properties: 19 houses and 24 flats.
- Ave. Sale Price
- £239,903
- 10 Year change
- up 23.4%
- Ave. Rental Price
- £1,172pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin IP1 3LU
- Berners House
Building  |  2 Flats
- Roberts Court
Period Building | 9 Units
- Rosewarne Villas
Period Building | 7 Units
- 34 Berners Street
4 Bed House
- 36 Berners Street
4 Bed House
Sales Market Trends
The last sale in IP1 3LU sold for £325,000 on 29th July 2025. Since then prices are down an average of 1.7%.
The current average value in the postcode is £239,903.
The IP1 3LU Sales Market has increased by 23.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £239,903 |
| June 2025 | -0.7% | £243,657 |
| June 2024 | -2.8% | £245,485 |
| June 2023 | 1.8% | £252,632 |
| June 2022 | 8.2% | £248,228 |
| June 2021 | 3.8% | £229,323 |
| June 2020 | 1% | £220,947 |
| June 2019 | 2.1% | £218,786 |
| June 2018 | 4.9% | £214,361 |
| June 2017 | 5.2% | £204,427 |
| June 2016 | 7.6% | £194,377 |
| June 2015 | 4.9% | £180,625 |
| June 2014 | 8% | £172,187 |
| June 2013 | 2.9% | £159,500 |
| June 2012 | 1% | £154,932 |
| June 2011 | -0.4% | £153,402 |
| June 2010 | 7.5% | £154,007 |
| June 2009 | -14.1% | £143,210 |
| June 2008 | -6.3% | £166,686 |
| June 2007 | 0% | £177,892 |
Rental Market Trends
The current average rental value in the postcode is £1,172.
The IP1 3LU Rental Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,172pcm |
| June 2025 | 4.6% | £1,143pcm |
| June 2024 | 5.8% | £1,093pcm |
| June 2023 | 9.4% | £1,033pcm |
| June 2022 | 6.7% | £944pcm |
| June 2021 | 5.7% | £885pcm |
| June 2020 | 1.5% | £837pcm |
| June 2019 | 0.5% | £824pcm |
| June 2018 | 2.1% | £821pcm |
| June 2017 | 1.7% | £804pcm |
| June 2016 | 4.1% | £790pcm |
| June 2015 | 3.6% | £759pcm |
| June 2014 | 2% | £733pcm |
| June 2013 | 3.1% | £718pcm |
| June 2012 | 1.4% | £697pcm |
| June 2011 | 3.8% | £687pcm |
| June 2010 | 3.2% | £662pcm |
| June 2009 | -9.6% | £642pcm |
| June 2008 | 1.5% | £711pcm |
| June 2007 | 0% | £700pcm |
Sales History
The last sale was on 29th July 2025 for £325,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 60 sales since 1995.
IP1 3LU has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£325,000 | 4 Bed House76, Berners Street, Ipswich, IP1 3LU76, Berners Street, Ipswich, IP1 3LU
- Sold Jun 2025£450,000 | 5 Bed House48, Berners Street, Ipswich, IP1 3LU48, Berners Street, Ipswich, IP1 3LU
- Sold Jun 2025£287,500 | 4 Bed House84, Berners Street, Ipswich, IP1 3LU84, Berners Street, Ipswich, IP1 3LU
- Sold Apr 2025£272,500 | 3 Bed House42A, Berners Street, Ipswich, IP1 3LU42A, Berners Street, Ipswich, IP1 3LU
- Sold Jan 2025£325,000 | 4 Bed House78, Berners Street, Ipswich, IP1 3LU78, Berners Street, Ipswich, IP1 3LU
Nearby Postcodes
IP1 3LU is the 778th largest and the 263rd most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 3NB, Dykes Street, Ipswich, IP1IP1 3NB10 Addresses|72 m away
- IP1 3NA, St. Georges Street, Ipswich, IP1IP1 3NA16 Addresses|78 m away
- IP1 3PX, Anglesea Road, Ipswich, IP1IP1 3PX15 Addresses|92 m away
- IP1 3NL, St. Georges Street, Ipswich, IP1IP1 3NL1 Addresses|98 m away
- IP1 3PU, Anglesea Road, Ipswich, IP1IP1 3PU8 Addresses|101 m away
Property Types
- 9 period houses built between 1800 and 1911
- 23 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 1 modern flat built after 1980
- 4 houses of an unknown age
- 5 other addresses of unknown type
- period house (9)
- period flat (23)
- modern house (1)
- modern flat (1)
- house (4)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is D.
- A (0)
- E (8)
- B (0)
- F (1)
- C (4)
- G (0)
- D (15)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold May 2003£575,000 | 5 Bed House49, Berners Street, Ipswich, IP1 3LN49, Berners Street, Ipswich, IP1 3LN
- Sold Jul 2014£500,000 | 5 Bed House42, Berners Street, Ipswich, IP1 3LU42, Berners Street, Ipswich, IP1 3LU
- Sold Feb 2019£490,000 | 5 Bed House57, Berners Street, Ipswich, IP1 3LN57, Berners Street, Ipswich, IP1 3LN
Schools Nearby
- St Matthew's Church of England Primary School, Ipswich400 m away
- St Margaret's Church of England Voluntary Aided Primary School, Ipswich700 m away
- Handford Hall Primary School900 m away
- Stoke High School - Ormiston Academy2.1 km away
- Chantry Academy2.3 km away
- Westbourne Academy2.4 km away
More reading links
Public Transport Nearby
The closest station to IP1 3LU is Ipswich station, which is 1.3 kilometres away.
- Ipswich|1.3 km away
- Westerfield|2.4 km away
- Derby Road (Ipswich)|2.6 km away
- Woodbridge|11.9 km away
