Wherstead Road - IP2 8LR
Key Postcode Insights
IP2 8LR is a residential postcode situated on Wherstead Road, Ipswich, IP2 with 12 addresses.
It ranks as the 216th largest and 128th most expensive of the 678 postcodes in the IP2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £130,787
- 10 Year change
- up 20.2%
- Ave. Rental Price
- £646pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £217/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
IP2 8LR is a residential postcode situated on Wherstead Road, Ipswich, IP2 with 12 addresses.
It ranks as the 216th largest and 128th most expensive of the 678 postcodes in the IP2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £130,787
- 10 Year change
- up 20.2%
- Ave. Rental Price
- £646pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £217/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin IP2 8LR
Sales Market Trends
The last sale in IP2 8LR sold for £138,000 on 11th May 2022. Since then prices are down an average of 4.7%.
The current average value in the postcode is £130,787.
The IP2 8LR Sales Market has increased by 20.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £130,787 |
| June 2025 | -2.2% | £132,420 |
| June 2024 | -1.7% | £135,402 |
| June 2023 | 0.3% | £137,753 |
| June 2022 | 9.6% | £137,308 |
| June 2021 | 3.7% | £125,233 |
| June 2020 | 2.4% | £120,798 |
| June 2019 | -1.7% | £117,919 |
| June 2018 | 5.4% | £119,939 |
| June 2017 | 4.6% | £113,764 |
| June 2016 | 7.4% | £108,781 |
| June 2015 | 7.3% | £101,297 |
| June 2014 | 7.4% | £94,376 |
| June 2013 | 4.5% | £87,879 |
| June 2012 | 0.6% | £84,134 |
| June 2011 | -3.5% | £83,658 |
| June 2010 | 8.2% | £86,718 |
| June 2009 | -13.7% | £80,120 |
| June 2008 | -7.5% | £92,824 |
| June 2007 | 0% | £100,384 |
Rental Market Trends
The current average rental value in the postcode is £646.
The IP2 8LR Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £646pcm |
| June 2025 | 4.9% | £627pcm |
| June 2024 | 5% | £598pcm |
| June 2023 | 6.3% | £570pcm |
| June 2022 | 9.9% | £536pcm |
| June 2021 | 5.9% | £488pcm |
| June 2020 | 1.2% | £461pcm |
| June 2019 | -0.4% | £455pcm |
| June 2018 | 2.3% | £457pcm |
| June 2017 | 1.2% | £447pcm |
| June 2016 | 5.8% | £442pcm |
| June 2015 | 2.8% | £417pcm |
| June 2014 | 2.6% | £406pcm |
| June 2013 | 0.8% | £396pcm |
| June 2012 | 1.3% | £393pcm |
| June 2011 | 3.4% | £388pcm |
| June 2010 | 3.5% | £375pcm |
| June 2009 | -8.5% | £362pcm |
| June 2008 | -0.1% | £396pcm |
| June 2007 | 0% | £396pcm |
Sales History
The last sale was on 11th May 2022 for £138,000 and since then the market in the area has decreased by 4.7%. The postcode has had a total of 8 sales since 1995.
IP2 8LR has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2022£138,000 | 2 Bed FlatFlat 6, 545, Wherstead Road, Ipswich, IP2 8LRFlat 6, 545, Wherstead Road, Ipswich, IP2 8LR
- Sold Mar 2021£122,000 | 2 Bed FlatFlat 6, 545, Wherstead Road, Ipswich, IP2 8LRFlat 6, 545, Wherstead Road, Ipswich, IP2 8LR
- Sold Jun 2017£110,000 | 2 Bed FlatFlat 10, 545, Wherstead Road, Ipswich, IP2 8LRFlat 10, 545, Wherstead Road, Ipswich, IP2 8LR
- Sold Apr 2016£118,000 | 2 Bed FlatFlat 6, 545, Wherstead Road, Ipswich, IP2 8LRFlat 6, 545, Wherstead Road, Ipswich, IP2 8LR
- Sold Mar 2016£103,000 | 2 Bed FlatFlat 10, 545, Wherstead Road, Ipswich, IP2 8LRFlat 10, 545, Wherstead Road, Ipswich, IP2 8LR
Nearby Postcodes
IP2 8LR is the 216th largest and the 128th most expensive postcode out of the 678 postcodes in the IP2 area.
- IP2 8LN, Wherstead Road, Ipswich, IP2IP2 8LN33 Addresses|50 m away
- IP2 8LW, Wherstead Road, Ipswich, IP2IP2 8LW23 Addresses|67 m away
- IP2 8LS, Wherstead Road, Ipswich, IP2IP2 8LS5 Addresses|122 m away
- IP2 8LP, Bostock Road, Ipswich, IP2IP2 8LP34 Addresses|134 m away
- IP2 8LL, Wherstead Road, Ipswich, IP2IP2 8LL8 Addresses|171 m away
Property Types
- 11 modern flats built after 1980
- 1 other address of unknown type
- modern flat (11)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (3)
- F (0)
- C (7)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2018£600,000 | 4 Bed House497, Wherstead Road, Ipswich, IP2 8LL497, Wherstead Road, Ipswich, IP2 8LL
- Sold Sep 2003£305,000 | 4 Bed House497, Wherstead Road, Ipswich, IP2 8LL497, Wherstead Road, Ipswich, IP2 8LL
- Sold Jul 2014£295,000 | 4 Bed House480, Wherstead Road, Ipswich, IP2 8LJ480, Wherstead Road, Ipswich, IP2 8LJ
Schools Nearby
- Halifax Primary School900 m away
- Hillside Primary School1.1 km away
- The Willows Primary School1.5 km away
- Stoke High School - Ormiston Academy800 m away
- Chantry Academy1.8 km away
- Ipswich Academy2.5 km away
More reading links
Public Transport Nearby
The closest station to IP2 8LR is Ipswich station, which is 1.7 kilometres away.
- Ipswich|1.7 km away
- Derby Road (Ipswich)|2.7 km away
- Westerfield|5.1 km away
- Wrabness|10.8 km away