Luther Road - IP2 8BN
Key Postcode Insights
IP2 8BN is a residential postcode situated on Luther Road, Ipswich, IP2 with 9 addresses.
It ranks as the 156th largest and 597th 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 9 properties: 9 houses.
- Ave. Sale Price
- £308,894
- 10 Year change
- up 28.6%
- Ave. Rental Price
- £1,135pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £288/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
IP2 8BN is a residential postcode situated on Luther Road, Ipswich, IP2 with 9 addresses.
It ranks as the 156th largest and 597th 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 9 properties: 9 houses.
- Ave. Sale Price
- £308,894
- 10 Year change
- up 28.6%
- Ave. Rental Price
- £1,135pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £288/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin IP2 8BN
- 16 Luther Road
4 Bed Period House
- 18 Luther Road
4 Bed Period House
- 20 Luther Road
3 Bed Period House
- 22 Luther Road
4 Bed Period House
- 24 Luther Road
3 Bed Mid-century House
Sales Market Trends
The last sale in IP2 8BN sold for £390,000 on 17th August 2023. Since then prices are down an average of 4.7%.
The current average value in the postcode is £308,894.
The IP2 8BN Sales Market has increased by 28.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £308,894 |
| June 2025 | -0.8% | £314,510 |
| June 2024 | -2.6% | £317,136 |
| June 2023 | 0.6% | £325,608 |
| June 2022 | 11.4% | £323,730 |
| June 2021 | 5.6% | £290,567 |
| June 2020 | 2.5% | £275,029 |
| June 2019 | -1.2% | £268,281 |
| June 2018 | 5.9% | £271,535 |
| June 2017 | 6.7% | £256,382 |
| June 2016 | 8.6% | £240,190 |
| June 2015 | 8.1% | £221,232 |
| June 2014 | 8% | £204,580 |
| June 2013 | 4.4% | £189,512 |
| June 2012 | 1.7% | £181,479 |
| June 2011 | -2.9% | £178,395 |
| June 2010 | 10.9% | £183,815 |
| June 2009 | -12.6% | £165,718 |
| June 2008 | -7% | £189,513 |
| June 2007 | 0% | £203,763 |
Rental Market Trends
The current average rental value in the postcode is £1,135.
The IP2 8BN Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,135pcm |
| June 2025 | 6.1% | £1,108pcm |
| June 2024 | 4.2% | £1,044pcm |
| June 2023 | 6.6% | £1,002pcm |
| June 2022 | 11.6% | £939pcm |
| June 2021 | 7.5% | £842pcm |
| June 2020 | 1.6% | £783pcm |
| June 2019 | -0.1% | £770pcm |
| June 2018 | 2.9% | £771pcm |
| June 2017 | 3.2% | £749pcm |
| June 2016 | 6.9% | £726pcm |
| June 2015 | 3.8% | £679pcm |
| June 2014 | 3% | £654pcm |
| June 2013 | 1.3% | £635pcm |
| June 2012 | 2.5% | £627pcm |
| June 2011 | 3.7% | £612pcm |
| June 2010 | 5.8% | £590pcm |
| June 2009 | -7.4% | £557pcm |
| June 2008 | 0.5% | £602pcm |
| June 2007 | 0% | £599pcm |
Sales History
The last sale was on 17th August 2023 for £390,000 and since then the market in the area has decreased by 4.7%. The postcode has had a total of 14 sales since 1995.
IP2 8BN has seen 2 sales in the last three years and no sales in the last twelve months.
- 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
- Sold Oct 2021£280,000 | 3 Bed House20, Luther Road, Ipswich, IP2 8BN20, Luther Road, Ipswich, IP2 8BN
- Sold Apr 2015£171,000 | 3 Bed House20, Luther Road, Ipswich, IP2 8BN20, Luther Road, Ipswich, IP2 8BN
Nearby Postcodes
IP2 8BN is the 156th largest and the 597th most expensive postcode out of the 678 postcodes in the IP2 area.
- IP2 8BQ, Philip Road, Ipswich, IP2IP2 8BQ43 Addresses|91 m away
- IP2 8BW, Luther Road, Ipswich, IP2IP2 8BW1 Addresses|91 m away
- IP2 8BJ, Martin Road, Ipswich, IP2IP2 8BJ40 Addresses|100 m away
- IP2 8NT, Belstead Avenue, Ipswich, IP2IP2 8NT15 Addresses|101 m away
- IP2 8AU, Belstead Road, Ipswich, IP2IP2 8AU13 Addresses|119 m away
Property Types
- 5 period houses built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- period house (5)
- mid-century house (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (2)
- G (0)
- D (5)
- No EPC (1)
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 School1.2 km away
- Stoke High School - Ormiston Academy600 m away
- Chantry Academy1.4 km away
- Copleston High School3.1 km away
More reading links
Public Transport Nearby
The closest station to IP2 8BN is Ipswich station, which is 400 metres away.
- Ipswich|400 m away
- Derby Road (Ipswich)|2.3 km away
- Westerfield|3.8 km away
- Wrabness|12.2 km away
