Wallace Road - IP1 5BZ
Key Postcode Insights
IP1 5BZ is a residential postcode situated on Wallace Road, Ipswich, IP1 with 37 addresses.
It ranks as the 732nd largest and 258th 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 37 properties: 37 houses.
- Ave. Sale Price
- £178,087
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £1,051pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
IP1 5BZ is a residential postcode situated on Wallace Road, Ipswich, IP1 with 37 addresses.
It ranks as the 732nd largest and 258th 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 37 properties: 37 houses.
- Ave. Sale Price
- £178,087
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £1,051pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin IP1 5BZ
- 44 Wallace Road
3 Bed Period House
- 46 Wallace Road
3 Bed Period House
- 48 Wallace Road
3 Bed Period House
- 50 Wallace Road
Unknown
- 52 Wallace Road
3 Bed Period House
Sales Market Trends
The last sale in IP1 5BZ sold for £150,000 on 6th February 2026. Since then prices are up an average of 1.6%.
The current average value in the postcode is £178,087.
The IP1 5BZ Sales Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £178,087 |
| June 2025 | 0.9% | £181,042 |
| June 2024 | -3.8% | £179,451 |
| June 2023 | 2.1% | £186,496 |
| June 2022 | 10.3% | £182,575 |
| June 2021 | 4.8% | £165,557 |
| June 2020 | 1.1% | £157,996 |
| June 2019 | 2.8% | £156,203 |
| June 2018 | 5.8% | £151,930 |
| June 2017 | 7.1% | £143,574 |
| June 2016 | 9.7% | £134,060 |
| June 2015 | 5.5% | £122,214 |
| June 2014 | 8.7% | £115,895 |
| June 2013 | 3.2% | £106,590 |
| June 2012 | 1.5% | £103,258 |
| June 2011 | 0.1% | £101,707 |
| June 2010 | 8.6% | £101,613 |
| June 2009 | -13.7% | £93,558 |
| June 2008 | -6.2% | £108,457 |
| June 2007 | 0% | £115,635 |
Rental Market Trends
The current average rental value in the postcode is £1,051.
The IP1 5BZ Rental Market has increased by 59.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,051pcm |
| June 2025 | 6.1% | £1,026pcm |
| June 2024 | 5.1% | £966pcm |
| June 2023 | 10.1% | £920pcm |
| June 2022 | 8.1% | £835pcm |
| June 2021 | 7.5% | £772pcm |
| June 2020 | 1.4% | £718pcm |
| June 2019 | 0.6% | £708pcm |
| June 2018 | 2.8% | £704pcm |
| June 2017 | 3.8% | £685pcm |
| June 2016 | 5.7% | £660pcm |
| June 2015 | 4.7% | £625pcm |
| June 2014 | 2.6% | £596pcm |
| June 2013 | 3.6% | £582pcm |
| June 2012 | 1.7% | £561pcm |
| June 2011 | 3.8% | £552pcm |
| June 2010 | 4.8% | £532pcm |
| June 2009 | -9.3% | £507pcm |
| June 2008 | 1.5% | £560pcm |
| June 2007 | 0% | £551pcm |
Sales History
The last sale was on 6th February 2026 for £150,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 83 sales since 1995.
IP1 5BZ has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£150,000 | 3 Bed House96, Wallace Road, Ipswich, IP1 5BZ96, Wallace Road, Ipswich, IP1 5BZ
- Sold Aug 2025£166,000 | 3 Bed House48, Wallace Road, Ipswich, IP1 5BZ48, Wallace Road, Ipswich, IP1 5BZ
- Sold Apr 2025£175,000 | 3 Bed House80, Wallace Road, Ipswich, IP1 5BZ80, Wallace Road, Ipswich, IP1 5BZ
- Sold Nov 2024£235,000 | 4 Bed House68, Wallace Road, Ipswich, IP1 5BZ68, Wallace Road, Ipswich, IP1 5BZ
- Sold Jun 2024£180,750 | 3 Bed House106, Wallace Road, Ipswich, IP1 5BZ106, Wallace Road, Ipswich, IP1 5BZ
Nearby Postcodes
IP1 5BZ is the 732nd largest and the 258th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 5DA, Wallace Road, Ipswich, IP1IP1 5DA43 Addresses|57 m away
- IP1 5DH, Vincent Close, Ipswich, IP1IP1 5DH19 Addresses|72 m away
- IP1 5DD, Wallace Road, Ipswich, IP1IP1 5DD23 Addresses|109 m away
- IP1 5DE, Mumford Road, Ipswich, IP1IP1 5DE23 Addresses|119 m away
- IP1 5DG, Waveney Road, Ipswich, IP1IP1 5DG73 Addresses|125 m away
Property Types
- 26 period houses built between 1800 and 1911
- 11 other addresses of unknown type
- period house (26)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (0)
- C (5)
- G (0)
- D (15)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Apr 2026£270,000 | 3 Bed House77, Wallace Road, Ipswich, IP1 5DA77, Wallace Road, Ipswich, IP1 5DA
- Sold Dec 2024£250,000 | 3 Bed House14, Wallace Road, Ipswich, IP1 5DB14, Wallace Road, Ipswich, IP1 5DB
- Sold Nov 2024£235,000 | 4 Bed House68, Wallace Road, Ipswich, IP1 5BZ68, Wallace Road, Ipswich, IP1 5BZ
Schools Nearby
- Springfield Infant School and Nursery500 m away
- Springfield Junior School600 m away
- Whitehouse Community Primary School700 m away
- Westbourne Academy600 m away
- Ormiston Endeavour Academy2.0 km away
- Chantry Academy2.7 km away
More reading links
Public Transport Nearby
The closest station to IP1 5BZ is Ipswich station, which is 2.5 kilometres away.
- Ipswich|2.5 km away
- Westerfield|3.1 km away
- Derby Road (Ipswich)|4.4 km away
- Needham Market|10.4 km away
