IP2 8EP is a residential postcode situated on Griffin Court, Ipswich, IP2 with 12 addresses.
It ranks as the 214th largest and 24th most expensive of the 676 postcodes in the IP2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
IP2 8EP is a residential postcode situated on Griffin Court, Ipswich, IP2 with 12 addresses.
It ranks as the 214th largest and 24th most expensive of the 676 postcodes in the IP2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £96,007 for 1 bedroom leasehold flats (430 ft2) to £113,504 for 2 bedroom leasehold flats (602 ft2) .
Monthly rental prices range from £594 pcm for 1 bed flats to £691 pcm for 2 bed flats.
The gross rental yield is between 7.3% and 7.6%.
The average value per square foot is £221.
The last sale in IP2 8EP sold for £112,500 on 8th March 2023. Since then prices are down an average of 7.0%.
The current average value in the postcode is £103,166.
The IP2 8EP Sales Market has increased by 16.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £103,166 |
| April 2025 | -1.2% | £106,973 |
| April 2024 | -2% | £108,287 |
| April 2023 | 2.8% | £110,452 |
| April 2022 | 7.9% | £107,480 |
| April 2021 | 2.9% | £99,600 |
| April 2020 | 1.2% | £96,792 |
| April 2019 | -1.2% | £95,661 |
| April 2018 | 5.8% | £96,829 |
| April 2017 | 3.7% | £91,556 |
| April 2016 | 8% | £88,278 |
| April 2015 | 6.1% | £81,743 |
| April 2014 | 6.8% | £77,032 |
| April 2013 | 3.7% | £72,107 |
| April 2012 | -1% | £69,549 |
| April 2011 | -3.1% | £70,235 |
| April 2010 | 6.4% | £72,476 |
| April 2009 | -18.1% | £68,137 |
| April 2008 | -2.6% | £83,196 |
| April 2007 | 0% | £85,447 |
The current average rental value in the postcode is £644.
The IP2 8EP Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £644pcm |
| April 2025 | 4.9% | £622pcm |
| April 2024 | 9.1% | £592pcm |
| April 2023 | 6.7% | £543pcm |
| April 2022 | 7.4% | £509pcm |
| April 2021 | 2.2% | £474pcm |
| April 2020 | 1.3% | £463pcm |
| April 2019 | 0.3% | £458pcm |
| April 2018 | 1.4% | £456pcm |
| April 2017 | 0.9% | £450pcm |
| April 2016 | 5.4% | £446pcm |
| April 2015 | 1.5% | £423pcm |
| April 2014 | 2.6% | £417pcm |
| April 2013 | 2% | £406pcm |
| April 2012 | 0.6% | £398pcm |
| April 2011 | 3.1% | £396pcm |
| April 2010 | -0.2% | £384pcm |
| April 2009 | -11.1% | £385pcm |
| April 2008 | 1.7% | £433pcm |
| April 2007 | 0% | £425pcm |
The last sale was on 8th March 2023 for £112,500 and since then the market in the area has decreased by 7.0%. The postcode has had a total of 5 sales since 1995.
IP2 8EP has seen 2 sales in the last three years and no sales in the last twelve months.
IP2 8EP is the 214th largest and the 24th most expensive postcode out of the 676 postcodes in the IP2 area.
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The closest station to IP2 8EP is Ipswich station which is 900 metres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IP2 8EP, 68.0% of property is socially rented and 16.0% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IP2 8EP, 29.0% of residents are recorded as possessing school level qualifications and 18.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around IP2 8EP, the average age was 36.8 and the most common age was 27.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IP2 8EP, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IP2 8EP, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.