Luther Road - IP2 8BW
Key Postcode Insights
IP2 8BW is a residential postcode situated on Luther Road, Ipswich, IP2 with 1 addresses.
It ranks as the 14th largest and 631st most expensive of the 678 postcodes in the IP2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £365,514
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £1,358pcm
- 10 Year change
- up 55.6%
- Ave. £ per ft²
- £223/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
IP2 8BW is a residential postcode situated on Luther Road, Ipswich, IP2 with 1 addresses.
It ranks as the 14th largest and 631st most expensive of the 678 postcodes in the IP2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £365,514
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £1,358pcm
- 10 Year change
- up 55.6%
- Ave. £ per ft²
- £223/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Sales Market Trends
The last sale in IP2 8BW sold for £247,000 on 1st August 2014. Since then prices are up an average of 47.9%.
The current average value in the postcode is £365,514.
The IP2 8BW Sales Market has increased by 28.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £365,514 |
| June 2025 | -1% | £374,270 |
| June 2024 | -2.8% | £377,867 |
| June 2023 | 1.4% | £388,668 |
| June 2022 | 10.6% | £383,220 |
| June 2021 | 6% | £346,414 |
| June 2020 | 3% | £326,884 |
| June 2019 | -1.2% | £317,348 |
| June 2018 | 5.7% | £321,068 |
| June 2017 | 6.4% | £303,747 |
| June 2016 | 7.8% | £285,383 |
| June 2015 | 8.3% | £264,827 |
| June 2014 | 7% | £244,505 |
| June 2013 | 4.8% | £228,429 |
| June 2012 | 1.8% | £217,925 |
| June 2011 | -2.9% | £214,070 |
| June 2010 | 11.6% | £220,450 |
| June 2009 | -11.1% | £197,586 |
| June 2008 | -6.4% | £222,359 |
| June 2007 | 0% | £237,489 |
Rental Market Trends
The current average rental value in the postcode is £1,358.
The IP2 8BW Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,358pcm |
| June 2025 | 6% | £1,334pcm |
| June 2024 | 4% | £1,258pcm |
| June 2023 | 7.5% | £1,209pcm |
| June 2022 | 10.8% | £1,125pcm |
| June 2021 | 7.8% | £1,015pcm |
| June 2020 | 2.1% | £941pcm |
| June 2019 | -0.1% | £922pcm |
| June 2018 | 2.7% | £922pcm |
| June 2017 | 2.9% | £898pcm |
| June 2016 | 6.1% | £872pcm |
| June 2015 | 4% | £822pcm |
| June 2014 | 2.2% | £791pcm |
| June 2013 | 1.7% | £774pcm |
| June 2012 | 2.6% | £762pcm |
| June 2011 | 3.8% | £742pcm |
| June 2010 | 6.5% | £715pcm |
| June 2009 | -5.9% | £672pcm |
| June 2008 | 1.2% | £714pcm |
| June 2007 | 0% | £706pcm |
Sales History
The last sale was on 1st August 2014 for £247,000 and since then the market in the area has increased by 47.9%. The postcode has had a total of 2 sales since 1995.
IP2 8BW has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
IP2 8BW is the 14th largest and the 631st most expensive postcode out of the 678 postcodes in the IP2 area.
- IP2 8BB, Belstead Road, Ipswich, IP2IP2 8BB6 Addresses|57 m away
- IP2 8AU, Belstead Road, Ipswich, IP2IP2 8AU13 Addresses|67 m away
- IP2 8AZ, Belstead Road, Ipswich, IP2IP2 8AZ5 Addresses|80 m away
- IP2 8NP, Belstead Avenue, Ipswich, IP2IP2 8NP33 Addresses|91 m away
- IP2 8BN, Luther Road, Ipswich, IP2IP2 8BN9 Addresses|91 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
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 School300 m away
- Halifax Primary School800 m away
- St Mark's Catholic Primary School1.1 km away
- Stoke High School - Ormiston Academy600 m away
- Chantry Academy1.4 km away
- Copleston High School3.2 km away
More reading links
Public Transport Nearby
The closest station to IP2 8BW is Ipswich station, which is 300 metres away.
- Ipswich|300 m away
- Derby Road (Ipswich)|2.4 km away
- Westerfield|3.8 km away
- Wrabness|12.2 km away
