Luther Road - IP2 8BL
Key Postcode Insights
IP2 8BL is a residential postcode situated on Luther Road, Ipswich, IP2 with 11 addresses.
It ranks as the 191st largest and 481st most expensive of the 678 postcodes in the IP2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £236,141
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £1,026pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £260/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
IP2 8BL is a residential postcode situated on Luther Road, Ipswich, IP2 with 11 addresses.
It ranks as the 191st largest and 481st most expensive of the 678 postcodes in the IP2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £236,141
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £1,026pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £260/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin IP2 8BL
- 1 Luther Road
2 Bed Period House
- 2 Luther Road
Unknown
- 3 Luther Road
Unknown
- 4 Luther Road
3 Bed Period House
- 5 Luther Road
4 Bed Period House
Sales Market Trends
The last sale in IP2 8BL sold for £211,000 on 5th January 2024. Since then prices are down an average of 2.4%.
The current average value in the postcode is £236,141.
The IP2 8BL Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £236,141 |
| June 2025 | -0.8% | £239,918 |
| June 2024 | -2.5% | £241,820 |
| June 2023 | 0.3% | £248,102 |
| June 2022 | 11.7% | £247,482 |
| June 2021 | 5.5% | £221,493 |
| June 2020 | 2.3% | £209,906 |
| June 2019 | -1.2% | £205,120 |
| June 2018 | 6% | £207,646 |
| June 2017 | 6.9% | £195,922 |
| June 2016 | 8.9% | £183,340 |
| June 2015 | 8.1% | £168,370 |
| June 2014 | 8.3% | £155,807 |
| June 2013 | 4.3% | £143,854 |
| June 2012 | 1.7% | £137,959 |
| June 2011 | -3% | £135,656 |
| June 2010 | 10.7% | £139,803 |
| June 2009 | -13.1% | £126,328 |
| June 2008 | -7.2% | £145,371 |
| June 2007 | 0% | £156,705 |
Rental Market Trends
The current average rental value in the postcode is £1,026.
The IP2 8BL Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,026pcm |
| June 2025 | 6.2% | £1,000pcm |
| June 2024 | 4.3% | £941pcm |
| June 2023 | 6.3% | £903pcm |
| June 2022 | 11.9% | £849pcm |
| June 2021 | 7.4% | £759pcm |
| June 2020 | 1.4% | £707pcm |
| June 2019 | -0.1% | £696pcm |
| June 2018 | 3% | £697pcm |
| June 2017 | 3.3% | £677pcm |
| June 2016 | 7.2% | £655pcm |
| June 2015 | 3.7% | £611pcm |
| June 2014 | 3.4% | £589pcm |
| June 2013 | 1.1% | £570pcm |
| June 2012 | 2.5% | £564pcm |
| June 2011 | 3.7% | £550pcm |
| June 2010 | 5.6% | £530pcm |
| June 2009 | -8% | £502pcm |
| June 2008 | 0.3% | £546pcm |
| June 2007 | 0% | £544pcm |
Sales History
The last sale was on 5th January 2024 for £211,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 15 sales since 1995.
IP2 8BL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£211,000 | 3 Bed House11, Luther Road, Ipswich, IP2 8BL11, Luther Road, Ipswich, IP2 8BL
- Sold Nov 2023£170,000 | 2 Bed House1, Luther Road, Ipswich, IP2 8BL1, Luther Road, Ipswich, IP2 8BL
- Sold Feb 2021£325,000 | 4 Bed House8, Luther Road, Ipswich, IP2 8BL8, Luther Road, Ipswich, IP2 8BL
- Sold Oct 2018£40,000 | 4 Bed House8, Luther Road, Ipswich, IP2 8BL8, Luther Road, Ipswich, IP2 8BL
- Sold Jun 2017£14,000 | 4 Bed House8, Luther Road, Ipswich, IP2 8BL8, Luther Road, Ipswich, IP2 8BL
Nearby Postcodes
IP2 8BL is the 191st largest and the 481st most expensive postcode out of the 678 postcodes in the IP2 area.
- IP2 8EG, Rectory Road, Ipswich, IP2IP2 8EG9 Addresses|35 m away
- IP2 8BJ, Martin Road, Ipswich, IP2IP2 8BJ40 Addresses|86 m away
- IP2 8EQ, Rectory Road, Ipswich, IP2IP2 8EQ48 Addresses|106 m away
- IP2 8EF, Croft Street, Ipswich, IP2IP2 8EF42 Addresses|106 m away
- IP2 8EW, Station Street, Ipswich, IP2IP2 8EW28 Addresses|108 m away
Property Types
- 5 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 5 other addresses of unknown type
- period house (5)
- modern house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Aug 2023£390,000 | 4 Bed House32, Luther Road, Ipswich, IP2 8BN32, Luther Road, Ipswich, IP2 8BN
- Sold Jun 2023£360,000 | 4 Bed House26, Luther Road, Ipswich, IP2 8BN26, Luther Road, Ipswich, IP2 8BN
- Sold Dec 2022£336,500 | 4 Bed House26, Luther Road, Ipswich, IP2 8BN26, Luther Road, Ipswich, IP2 8BN
Schools Nearby
- Hillside Primary School200 m away
- Halifax Primary School800 m away
- St Mark's Catholic Primary School1.3 km away
- Stoke High School - Ormiston Academy500 m away
- Chantry Academy1.5 km away
- Copleston High School3.1 km away
More reading links
Public Transport Nearby
The closest station to IP2 8BL is Ipswich station, which is 600 metres away.
- Ipswich|600 m away
- Derby Road (Ipswich)|2.2 km away
- Westerfield|3.9 km away
- Wrabness|12.1 km away
