Norwich Road - IP1 4BU
Key Postcode Insights
IP1 4BU is a residential postcode situated on Norwich Road, Ipswich, IP1 with 18 addresses.
It ranks as the 471st largest and 307th 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 18 properties: 9 houses and 9 flats.
- Ave. Sale Price
- £221,376
- 10 Year change
- up 26.8%
- Ave. Rental Price
- £1,111pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
IP1 4BU is a residential postcode situated on Norwich Road, Ipswich, IP1 with 18 addresses.
It ranks as the 471st largest and 307th 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 18 properties: 9 houses and 9 flats.
- Ave. Sale Price
- £221,376
- 10 Year change
- up 26.8%
- Ave. Rental Price
- £1,111pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin IP1 4BU
- 225 Norwich Road
Period Building | 6 Units
- 227 Norwich Road
4 Bed Period House
- 229 Norwich Road
4 Bed Period House
- 231 Norwich Road
4 Bed Period House
- 233 Norwich Road
4 Bed Period House
Sales Market Trends
The last sale in IP1 4BU sold for £310,000 on 10th December 2025. Since then prices are up an average of 2.8%.
The current average value in the postcode is £221,376.
The IP1 4BU Sales Market has increased by 26.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £221,376 |
| June 2025 | -0.2% | £223,976 |
| June 2024 | -3.1% | £224,522 |
| June 2023 | 2.2% | £231,760 |
| June 2022 | 8.9% | £226,831 |
| June 2021 | 3.5% | £208,293 |
| June 2020 | 1.3% | £201,245 |
| June 2019 | 2.5% | £198,658 |
| June 2018 | 5.2% | £193,740 |
| June 2017 | 5.5% | £184,140 |
| June 2016 | 8.9% | £174,597 |
| June 2015 | 4.3% | £160,357 |
| June 2014 | 8.1% | £153,684 |
| June 2013 | 3.2% | £142,122 |
| June 2012 | 0.3% | £137,771 |
| June 2011 | -0.2% | £137,421 |
| June 2010 | 6.4% | £137,712 |
| June 2009 | -14.6% | £129,422 |
| June 2008 | -6.5% | £151,554 |
| June 2007 | 0% | £162,017 |
Rental Market Trends
The current average rental value in the postcode is £1,111.
The IP1 4BU Rental Market has increased by 51.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,111pcm |
| June 2025 | 5% | £1,080pcm |
| June 2024 | 5.8% | £1,029pcm |
| June 2023 | 10.2% | £972pcm |
| June 2022 | 6.7% | £882pcm |
| June 2021 | 6.3% | £827pcm |
| June 2020 | 1.6% | £778pcm |
| June 2019 | 0.2% | £766pcm |
| June 2018 | 2.3% | £765pcm |
| June 2017 | 2.2% | £747pcm |
| June 2016 | 4.8% | £731pcm |
| June 2015 | 3.8% | £698pcm |
| June 2014 | 1.9% | £672pcm |
| June 2013 | 3.6% | £660pcm |
| June 2012 | 0.4% | £637pcm |
| June 2011 | 3.4% | £634pcm |
| June 2010 | 2.8% | £613pcm |
| June 2009 | -10.3% | £597pcm |
| June 2008 | 1.3% | £665pcm |
| June 2007 | 0% | £657pcm |
Sales History
The last sale was on 10th December 2025 for £310,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 21 sales since 1995.
IP1 4BU has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£310,000 | 4 Bed House229, Norwich Road, Ipswich, IP1 4BU229, Norwich Road, Ipswich, IP1 4BU
- Sold Mar 2025£435,000 | 5 Bed House239, Norwich Road, Ipswich, IP1 4BU239, Norwich Road, Ipswich, IP1 4BU
- Sold Feb 2022£293,000 | 4 Bed House237, Norwich Road, Ipswich, IP1 4BU237, Norwich Road, Ipswich, IP1 4BU
- Sold Jan 2020£260,000 | 6 Bed House241, Norwich Road, Ipswich, IP1 4BU241, Norwich Road, Ipswich, IP1 4BU
- Sold Aug 2018£250,000 | 4 Bed House229, Norwich Road, Ipswich, IP1 4BU229, Norwich Road, Ipswich, IP1 4BU
Nearby Postcodes
IP1 4BU is the 471st largest and the 307th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 4BT, Norwich Road, Ipswich, IP1IP1 4BT10 Addresses|67 m away
- IP1 4EB, Blenheim Road, Ipswich, IP1IP1 4EB18 Addresses|73 m away
- IP1 4BX, Norwich Road, Ipswich, IP1IP1 4BX2 Addresses|74 m away
- IP1 4BS, Norwich Road, Ipswich, IP1IP1 4BS9 Addresses|85 m away
- IP1 2PQ, Chevallier Street, Ipswich, IP1IP1 2PQ11 Addresses|94 m away
Property Types
- 8 period houses built between 1800 and 1911
- 10 period flats built between 1800 and 1911
- period house (8)
- period flat (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (0)
- C (7)
- G (0)
- D (6)
- No EPC (1)
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
- Springfield Junior School400 m away
- Handford Hall Primary School500 m away
- Springfield Infant School and Nursery600 m away
- Westbourne Academy1.5 km away
- Ormiston Endeavour Academy2.1 km away
- Chantry Academy2.4 km away
More reading links
Public Transport Nearby
The closest station to IP1 4BU is Ipswich station, which is 1.7 kilometres away.
- Ipswich|1.7 km away
- Westerfield|2.5 km away
- Derby Road (Ipswich)|3.4 km away
- Needham Market|11.2 km away
