Mimas Way - IP1 5EU
Key Postcode Insights
IP1 5EU is a residential postcode situated on Mimas Way, Ipswich, IP1 with 25 addresses.
It ranks as the 590th largest and 558th most expensive of the 898 postcodes in the IP1 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 25 properties: 23 houses and 2 flats.
- Ave. Sale Price
- £256,197
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,213pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
IP1 5EU is a residential postcode situated on Mimas Way, Ipswich, IP1 with 25 addresses.
It ranks as the 590th largest and 558th most expensive of the 898 postcodes in the IP1 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 25 properties: 23 houses and 2 flats.
- Ave. Sale Price
- £256,197
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,213pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin IP1 5EU
- 4 Mimas Way
4 Bed Modern House
- 6 Mimas Way
4 Bed Modern House
- 8 Mimas Way
4 Bed Modern House
- 10 Mimas Way
4 Bed Modern House
- 12 Mimas Way
3 Bed Modern House
Sales Market Trends
The last sale in IP1 5EU sold for £310,000 on 23rd February 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £256,197.
The IP1 5EU Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £256,197 |
| June 2025 | 0.3% | £260,081 |
| June 2024 | -3.5% | £259,344 |
| June 2023 | 2% | £268,655 |
| June 2022 | 9.1% | £263,372 |
| June 2021 | 4.1% | £241,313 |
| June 2020 | 1% | £231,883 |
| June 2019 | 2.5% | £229,699 |
| June 2018 | 5.6% | £224,086 |
| June 2017 | 6.2% | £212,291 |
| June 2016 | 8.8% | £199,909 |
| June 2015 | 5.4% | £183,794 |
| June 2014 | 8.2% | £174,448 |
| June 2013 | 3.1% | £161,199 |
| June 2012 | 1.2% | £156,420 |
| June 2011 | 0% | £154,492 |
| June 2010 | 7.5% | £154,562 |
| June 2009 | -14.3% | £143,731 |
| June 2008 | -6.1% | £167,654 |
| June 2007 | 0% | £178,638 |
Rental Market Trends
The current average rental value in the postcode is £1,213.
The IP1 5EU Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,213pcm |
| June 2025 | 5.4% | £1,181pcm |
| June 2024 | 5.4% | £1,121pcm |
| June 2023 | 10% | £1,063pcm |
| June 2022 | 7.2% | £966pcm |
| June 2021 | 6.6% | £902pcm |
| June 2020 | 1.2% | £845pcm |
| June 2019 | 0.5% | £835pcm |
| June 2018 | 2.4% | £831pcm |
| June 2017 | 2.9% | £811pcm |
| June 2016 | 4.9% | £789pcm |
| June 2015 | 4.2% | £752pcm |
| June 2014 | 2.3% | £722pcm |
| June 2013 | 3.4% | £705pcm |
| June 2012 | 1.4% | £682pcm |
| June 2011 | 3.7% | £672pcm |
| June 2010 | 3.7% | £649pcm |
| June 2009 | -9.9% | £625pcm |
| June 2008 | 1.3% | £694pcm |
| June 2007 | 0% | £685pcm |
Sales History
The last sale was on 23rd February 2026 for £310,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 37 sales since 1995.
IP1 5EU has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£310,000 | 4 Bed House4, Mimas Way, Ipswich, IP1 5EU4, Mimas Way, Ipswich, IP1 5EU
- Sold Aug 2024£245,000 | 3 Bed House36, Mimas Way, Ipswich, IP1 5EU36, Mimas Way, Ipswich, IP1 5EU
- Sold Apr 2024£240,000 | 3 Bed House20, Mimas Way, Ipswich, IP1 5EU20, Mimas Way, Ipswich, IP1 5EU
- Sold Mar 2024£235,000 | 3 Bed House22, Mimas Way, Ipswich, IP1 5EU22, Mimas Way, Ipswich, IP1 5EU
- Sold Jan 2023£194,000 | 2 Bed Flat46, Mimas Way, Ipswich, IP1 5EU46, Mimas Way, Ipswich, IP1 5EU
Nearby Postcodes
IP1 5EU is the 590th largest and the 558th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 5ET, Mimas Way, Ipswich, IP1IP1 5ET34 Addresses|46 m away
- IP1 5EX, Mimas Way, Ipswich, IP1IP1 5EX4 Addresses|48 m away
- IP1 5NS, Sapphire Close, Ipswich, IP1IP1 5NS12 Addresses|61 m away
- IP1 5EY, Mimas Way, Ipswich, IP1IP1 5EY5 Addresses|70 m away
- IP1 5BJ, Lone Barn Court, Ipswich, IP1IP1 5BJ39 Addresses|80 m away
Property Types
- 23 modern houses built after 1980
- 2 modern flats built after 1980
- modern house (23)
- modern flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (25)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
Schools Nearby
- Whitehouse Community Primary School800 m away
- Springfield Infant School and Nursery1.0 km away
- Springfield Junior School1.2 km away
- Westbourne Academy800 m away
- Ormiston Endeavour Academy2.5 km away
- Chantry Academy2.7 km away
More reading links
Public Transport Nearby
The closest station to IP1 5EU is Ipswich station, which is 2.7 kilometres away.
- Ipswich|2.7 km away
- Westerfield|3.7 km away
- Derby Road (Ipswich)|4.9 km away
- Needham Market|10.3 km away