Vernon Street - IP2 8JB
Key Postcode Insights
IP2 8JB is a residential postcode situated on Vernon Street, Ipswich, IP2 with 52 addresses.
It ranks as the 645th largest and 33rd most expensive of the 678 postcodes in the IP2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 52 properties: 50 flats and 2 other properties.
- Ave. Sale Price
- £103,995
- 10 Year change
- up 17.2%
- Ave. Rental Price
- £634pcm
- 10 Year change
- up 42.4%
- Ave. £ per ft²
- £157/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
IP2 8JB is a residential postcode situated on Vernon Street, Ipswich, IP2 with 52 addresses.
It ranks as the 645th largest and 33rd most expensive of the 678 postcodes in the IP2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 52 properties: 50 flats and 2 other properties.
- Ave. Sale Price
- £103,995
- 10 Year change
- up 17.2%
- Ave. Rental Price
- £634pcm
- 10 Year change
- up 42.4%
- Ave. £ per ft²
- £157/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Properties in IP2 8JB
- 26 Vernon Street
2 Bed Mid-century Flat
- 28 Vernon Street
2 Bed Mid-century Flat
- 30 Vernon Street
2 Bed Mid-century Flat
- 32 Vernon Street
2 Bed Mid-century Flat
- 34 Vernon Street
2 Bed Mid-century Flat
Sales Market Trends
The last sale in IP2 8JB sold for £116,000 on 4th October 2024. Since then prices are down an average of 2.6%.
The current average value in the postcode is £103,995.
The IP2 8JB Sales Market has increased by 17.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £103,995 |
| June 2025 | -2.4% | £104,865 |
| June 2024 | -1.4% | £107,450 |
| June 2023 | 0.4% | £108,922 |
| June 2022 | 7.9% | £108,526 |
| June 2021 | 3.5% | £100,570 |
| June 2020 | 2.1% | £97,197 |
| June 2019 | -1.7% | £95,167 |
| June 2018 | 5% | £96,847 |
| June 2017 | 3.9% | £92,198 |
| June 2016 | 6.7% | £88,755 |
| June 2015 | 6.3% | £83,147 |
| June 2014 | 7.3% | £78,212 |
| June 2013 | 3.8% | £72,909 |
| June 2012 | -0.3% | £70,209 |
| June 2011 | -3.4% | £70,421 |
| June 2010 | 7.1% | £72,882 |
| June 2009 | -14% | £68,069 |
| June 2008 | -7.7% | £79,141 |
| June 2007 | 0% | £85,731 |
Rental Market Trends
The current average rental value in the postcode is £634.
The IP2 8JB Rental Market has increased by 42.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £634pcm |
| June 2025 | 4.4% | £613pcm |
| June 2024 | 5.6% | £587pcm |
| June 2023 | 6.5% | £556pcm |
| June 2022 | 8.4% | £522pcm |
| June 2021 | 4.8% | £482pcm |
| June 2020 | 1.6% | £460pcm |
| June 2019 | -0.6% | £453pcm |
| June 2018 | 2% | £456pcm |
| June 2017 | 0.4% | £447pcm |
| June 2016 | 5.1% | £445pcm |
| June 2015 | 2.3% | £423pcm |
| June 2014 | 2.4% | £414pcm |
| June 2013 | 1.1% | £404pcm |
| June 2012 | 0.6% | £400pcm |
| June 2011 | 3.2% | £397pcm |
| June 2010 | 2% | £385pcm |
| June 2009 | -9.1% | £377pcm |
| June 2008 | -0.2% | £415pcm |
| June 2007 | 0% | £416pcm |
Sales History
The last recorded sale was on 4th October 2024 for £116,000 and since then the market in the area has decreased by 2.6%.
IP2 8JB has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Oct 2024£116,000 | 2 Bed Flat46, Vernon Street, Ipswich, IP2 8JB46, Vernon Street, Ipswich, IP2 8JB
- Sold Sep 2024£110,000 | 2 Bed Flat90, Vernon Street, Ipswich, IP2 8JB90, Vernon Street, Ipswich, IP2 8JB
- Sold Nov 2021£108,000 | 2 Bed Flat88, Vernon Street, Ipswich, IP2 8JB88, Vernon Street, Ipswich, IP2 8JB
Nearby Postcodes
IP2 8JB is the 645th largest and the 33rd most expensive postcode out of the 678 postcodes in the IP2 area.
- IP2 8EX, Industrial Centre, Ipswich, IP2IP2 8EX10 Addresses|40 m away
- IP2 8DE, Bell Close, Ipswich, IP2IP2 8DE24 Addresses|52 m away
- IP2 8DD, Austin Street, Ipswich, IP2IP2 8DD34 Addresses|75 m away
- IP2 8BX, Stoke Street, Ipswich, IP2IP2 8BX32 Addresses|77 m away
- IP2 8BZ, Stoke Street, Ipswich, IP2IP2 8BZ14 Addresses|81 m away
Property Types
- 1 modern flat built after 1980
- 48 mid-century flats built between 1936 and 1979
- 1 early-century flat built between 1912 and 1935
- 2 other addresses of unknown type
- modern flat (1)
- mid-century flat (48)
- early-century flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 50 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (2)
- F (0)
- C (36)
- G (0)
- D (11)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2015£180,000 | 3 Bed Flat198, Vernon Street, Ipswich, IP2 8JF198, Vernon Street, Ipswich, IP2 8JF
- Sold Oct 2024£116,000 | 2 Bed Flat46, Vernon Street, Ipswich, IP2 8JB46, Vernon Street, Ipswich, IP2 8JB
- Sold Dec 2019£110,000 | 2 Bed Flat90, Vernon Street, Ipswich, IP2 8JB90, Vernon Street, Ipswich, IP2 8JB
Schools Nearby
- Hillside Primary School600 m away
- St Matthew's Church of England Primary School, Ipswich1.1 km away
- St Helen's Primary School1.1 km away
- Stoke High School - Ormiston Academy900 m away
- Chantry Academy1.8 km away
- Copleston High School2.8 km away
More reading links
Public Transport Nearby
The closest station to IP2 8JB is Ipswich station, which is 700 metres away.
- Ipswich|700 m away
- Derby Road (Ipswich)|1.9 km away
- Westerfield|3.5 km away
- Woodbridge|12.0 km away
