Olympus Close - IP1 5LN
Key Postcode Insights
IP1 5LN is a residential postcode situated on Olympus Close, Ipswich, IP1 with 1 addresses.
It ranks as the 31st largest and 490th most expensive of the 898 postcodes in the IP1 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £225,748
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,194pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
IP1 5LN is a residential postcode situated on Olympus Close, Ipswich, IP1 with 1 addresses.
It ranks as the 31st largest and 490th most expensive of the 898 postcodes in the IP1 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £225,748
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,194pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Sales Market Trends
The last sale in IP1 5LN sold for £2,250,000 on 3rd August 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £225,748.
The IP1 5LN Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £225,748 |
| June 2025 | 1.1% | £229,429 |
| June 2024 | -3.7% | £227,022 |
| June 2023 | 1.7% | £235,798 |
| June 2022 | 10.3% | £231,901 |
| June 2021 | 5.1% | £210,260 |
| June 2020 | 1% | £200,059 |
| June 2019 | 2.2% | £197,989 |
| June 2018 | 5.9% | £193,757 |
| June 2017 | 7.1% | £182,944 |
| June 2016 | 9.6% | £170,777 |
| June 2015 | 6.2% | £155,780 |
| June 2014 | 8.7% | £146,688 |
| June 2013 | 3.1% | £134,974 |
| June 2012 | 1.6% | £130,897 |
| June 2011 | 0.1% | £128,869 |
| June 2010 | 8.6% | £128,788 |
| June 2009 | -14.1% | £118,633 |
| June 2008 | -5.7% | £138,183 |
| June 2007 | 0% | £146,566 |
Rental Market Trends
The current average rental value in the postcode is £1,194.
The IP1 5LN Rental Market has increased by 59.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,194pcm |
| June 2025 | 6.2% | £1,163pcm |
| June 2024 | 5.2% | £1,095pcm |
| June 2023 | 9.7% | £1,042pcm |
| June 2022 | 8.4% | £950pcm |
| June 2021 | 7.4% | £876pcm |
| June 2020 | 1.2% | £815pcm |
| June 2019 | 0.6% | £806pcm |
| June 2018 | 2.9% | £801pcm |
| June 2017 | 3.8% | £778pcm |
| June 2016 | 5.9% | £750pcm |
| June 2015 | 4.7% | £708pcm |
| June 2014 | 2.9% | £676pcm |
| June 2013 | 3.4% | £657pcm |
| June 2012 | 1.7% | £636pcm |
| June 2011 | 3.7% | £625pcm |
| June 2010 | 4.4% | £602pcm |
| June 2009 | -9.4% | £577pcm |
| June 2008 | 1.4% | £637pcm |
| June 2007 | 0% | £628pcm |
Sales History
The last sale was on 3rd August 2018 for £2,250,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
IP1 5LN has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
IP1 5LN is the 31st largest and the 490th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 5LJ, Olympus Close, Ipswich, IP1IP1 5LJ7 Addresses|83 m away
- IP1 5ND, Donegal Road, Ipswich, IP1IP1 5ND8 Addresses|129 m away
- IP1 5NA, Lovetofts Drive, Ipswich, IP1IP1 5NA15 Addresses|132 m away
- IP1 5NB, Lovetofts Drive, Ipswich, IP1IP1 5NB14 Addresses|133 m away
- IP1 5NQ, Wicklow Road, Ipswich, IP1IP1 5NQ46 Addresses|201 m away
Property Types
- 1 other address of unknown type
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Schools Nearby
- Whitehouse Community Primary School600 m away
- The Beeches Community Primary School900 m away
- St Pancras Catholic Primary School1.1 km away
- Westbourne Academy700 m away
- Ormiston Endeavour Academy1.7 km away
- Claydon High School3.0 km away
More reading links
Public Transport Nearby
The closest station to IP1 5LN is Westerfield station, which is 3.5 kilometres away.
- Westerfield|3.5 km away
- Ipswich|3.7 km away
- Derby Road (Ipswich)|5.6 km away
- Needham Market|9.1 km away