Wherstead Road - IP2 8LW
Key Postcode Insights
IP2 8LW is a residential postcode situated on Wherstead Road, Ipswich, IP2 with 23 addresses.
It ranks as the 403rd largest and 142nd most expensive of the 678 postcodes in the IP2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 23 properties: 3 houses and 20 flats.
- Ave. Sale Price
- £170,934
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £750pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
IP2 8LW is a residential postcode situated on Wherstead Road, Ipswich, IP2 with 23 addresses.
It ranks as the 403rd largest and 142nd most expensive of the 678 postcodes in the IP2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 23 properties: 3 houses and 20 flats.
- Ave. Sale Price
- £170,934
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £750pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin IP2 8LW
- 503 Wherstead Road
4 Bed Period House
- 507 Wherstead Road
2 Bed Period Flat
- 509 Wherstead Road
2 Bed Period Flat
- 511 Wherstead Road
2 Bed Period Flat
- 513 Wherstead Road
2 Bed Period Flat
Sales Market Trends
The last sale in IP2 8LW sold for £290,000 on 22nd January 2021. Since then prices are up an average of 5.8%.
The current average value in the postcode is £170,934.
The IP2 8LW Sales Market has increased by 19.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £170,934 |
| June 2025 | -2.5% | £174,407 |
| June 2024 | -1.6% | £178,822 |
| June 2023 | 0.8% | £181,709 |
| June 2022 | 9.2% | £180,329 |
| June 2021 | 3.9% | £165,170 |
| June 2020 | 2.3% | £158,952 |
| June 2019 | -1.4% | £155,322 |
| June 2018 | 5.7% | £157,459 |
| June 2017 | 4.4% | £148,947 |
| June 2016 | 6.4% | £142,728 |
| June 2015 | 7% | £134,202 |
| June 2014 | 7.1% | £125,404 |
| June 2013 | 4.5% | £117,078 |
| June 2012 | 1.4% | £112,046 |
| June 2011 | -3.1% | £110,525 |
| June 2010 | 8.8% | £114,081 |
| June 2009 | -13.1% | £104,867 |
| June 2008 | -7% | £120,626 |
| June 2007 | 0% | £129,679 |
Rental Market Trends
The current average rental value in the postcode is £750.
The IP2 8LW Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £750pcm |
| June 2025 | 4.6% | £733pcm |
| June 2024 | 5.1% | £701pcm |
| June 2023 | 6.7% | £667pcm |
| June 2022 | 9.4% | £625pcm |
| June 2021 | 6.1% | £571pcm |
| June 2020 | 1.1% | £538pcm |
| June 2019 | -0.1% | £533pcm |
| June 2018 | 2.6% | £533pcm |
| June 2017 | 1% | £520pcm |
| June 2016 | 4.8% | £515pcm |
| June 2015 | 2.5% | £491pcm |
| June 2014 | 2.3% | £479pcm |
| June 2013 | 0.9% | £468pcm |
| June 2012 | 2.1% | £464pcm |
| June 2011 | 3.8% | £455pcm |
| June 2010 | 4% | £438pcm |
| June 2009 | -7.8% | £421pcm |
| June 2008 | 0.4% | £457pcm |
| June 2007 | 0% | £455pcm |
Sales History
The last sale was on 22nd January 2021 for £290,000 and since then the market in the area has increased by 5.8%. The postcode has had a total of 14 sales since 1995.
IP2 8LW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2021£290,000 | 4 Bed House503, Wherstead Road, Ipswich, IP2 8LW503, Wherstead Road, Ipswich, IP2 8LW
- Sold Aug 2019£122,500 | 2 Bed Flat533, Wherstead Road, Ipswich, IP2 8LW533, Wherstead Road, Ipswich, IP2 8LW
- Sold Jul 2016£116,000 | 2 Bed Flat533, Wherstead Road, Ipswich, IP2 8LW533, Wherstead Road, Ipswich, IP2 8LW
- Sold Aug 2014£95,000 | 2 Bed Flat527, Wherstead Road, Ipswich, IP2 8LW527, Wherstead Road, Ipswich, IP2 8LW
- Sold Dec 2013£87,500 | 2 Bed Flat533, Wherstead Road, Ipswich, IP2 8LW533, Wherstead Road, Ipswich, IP2 8LW
Nearby Postcodes
IP2 8LW is the 403rd largest and the 142nd most expensive postcode out of the 678 postcodes in the IP2 area.
- IP2 8LN, Wherstead Road, Ipswich, IP2IP2 8LN33 Addresses|63 m away
- IP2 8LR, Wherstead Road, Ipswich, IP2IP2 8LR12 Addresses|67 m away
- IP2 8LL, Wherstead Road, Ipswich, IP2IP2 8LL8 Addresses|104 m away
- IP2 8LY, Wherstead Road, Ipswich, IP2IP2 8LY1 Addresses|145 m away
- IP2 8LJ, Wherstead Road, Ipswich, IP2IP2 8LJ17 Addresses|150 m away
Property Types
- 1 period house built between 1800 and 1911
- 18 period flats built between 1800 and 1911
- 3 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- period house (1)
- period flat (18)
- mid-century flat (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (1)
- E (2)
- B (0)
- F (0)
- C (6)
- G (0)
- D (7)
- No EPC (7)
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 School800 m away
- Hillside Primary School1.1 km away
- The Willows Primary School1.5 km away
- Stoke High School - Ormiston Academy700 m away
- Chantry Academy1.7 km away
- Ipswich Academy2.6 km away
More reading links
Public Transport Nearby
The closest station to IP2 8LW is Ipswich station, which is 1.6 kilometres away.
- Ipswich|1.6 km away
- Derby Road (Ipswich)|2.7 km away
- Westerfield|5.0 km away
- Wrabness|10.9 km away
