Palmerston Road - IP4 2LN
Key Postcode Insights
IP4 2LN is a residential postcode situated on Palmerston Road, Ipswich, IP4 with 24 addresses.
It ranks as the 634th largest and 22nd most expensive of the 903 postcodes in the IP4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 6 houses and 18 flats.
- Ave. Sale Price
- £138,859
- 10 Year change
- up 21.4%
- Ave. Rental Price
- £750pcm
- 10 Year change
- up 47.2%
- Ave. £ per ft²
- £170/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
IP4 2LN is a residential postcode situated on Palmerston Road, Ipswich, IP4 with 24 addresses.
It ranks as the 634th largest and 22nd most expensive of the 903 postcodes in the IP4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 6 houses and 18 flats.
- Ave. Sale Price
- £138,859
- 10 Year change
- up 21.4%
- Ave. Rental Price
- £750pcm
- 10 Year change
- up 47.2%
- Ave. £ per ft²
- £170/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin IP4 2LN
- Macnamaras Court
Modern Building | 18 Units
- 4 Palmerston Road
4 Bed Period House
- 6 Palmerston Road
3 Bed Period House
- 8 Palmerston Road
3 Bed Period House
- 10 Palmerston Road
3 Bed Period House
Sales Market Trends
The last sale in IP4 2LN sold for £240,000 on 8th April 2024. Since then prices are down an average of 2.3%.
The current average value in the postcode is £138,859.
The IP4 2LN Sales Market has increased by 21.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £138,859 |
| June 2025 | -0.1% | £140,744 |
| June 2024 | -2.8% | £140,861 |
| June 2023 | -0.1% | £144,877 |
| June 2022 | 7% | £144,984 |
| June 2021 | 7.7% | £135,553 |
| June 2020 | 0.2% | £125,891 |
| June 2019 | -0.7% | £125,620 |
| June 2018 | 4% | £126,563 |
| June 2017 | 6.5% | £121,742 |
| June 2016 | 7% | £114,359 |
| June 2015 | 6.5% | £106,842 |
| June 2014 | 9.6% | £100,319 |
| June 2013 | 1.3% | £91,573 |
| June 2012 | 0.8% | £90,369 |
| June 2011 | -1.9% | £89,631 |
| June 2010 | 10.1% | £91,365 |
| June 2009 | -12.7% | £83,010 |
| June 2008 | -7.5% | £95,139 |
| June 2007 | 0% | £102,861 |
Rental Market Trends
The current average rental value in the postcode is £750.
The IP4 2LN Rental Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £750pcm |
| June 2025 | 5.4% | £730pcm |
| June 2024 | 4.9% | £693pcm |
| June 2023 | 6.5% | £660pcm |
| June 2022 | 8.8% | £620pcm |
| June 2021 | 4.2% | £570pcm |
| June 2020 | 3.2% | £547pcm |
| June 2019 | 0.3% | £530pcm |
| June 2018 | 1.7% | £528pcm |
| June 2017 | 1.9% | £519pcm |
| June 2016 | 5.4% | £509pcm |
| June 2015 | 4.3% | £483pcm |
| June 2014 | 4.1% | £463pcm |
| June 2013 | 2.3% | £445pcm |
| June 2012 | 2.5% | £435pcm |
| June 2011 | 3.9% | £424pcm |
| June 2010 | 2.3% | £408pcm |
| June 2009 | -8.8% | £399pcm |
| June 2008 | 1% | £438pcm |
| June 2007 | 0% | £433pcm |
Sales History
The last sale was on 8th April 2024 for £240,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 23 sales since 1995.
IP4 2LN has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2024£240,000 | 3 Bed House10, Palmerston Road, Ipswich, IP4 2LN10, Palmerston Road, Ipswich, IP4 2LN
- Sold Apr 2021£190,000 | 3 Bed House8, Palmerston Road, Ipswich, IP4 2LN8, Palmerston Road, Ipswich, IP4 2LN
- Sold Jul 2020£212,500 | 3 Bed House6, Palmerston Road, Ipswich, IP4 2LN6, Palmerston Road, Ipswich, IP4 2LN
- Sold Jul 2018£115,000 | 2 Bed FlatFlat 2, Macnamaras Court 2, Palmerston Road, Ipswich, IP4 2LNFlat 2, Macnamaras Court 2, Palmerston Road, Ipswich, IP4 2LN
- Sold Oct 2017£210,000 | 3 Bed House6, Palmerston Road, Ipswich, IP4 2LN6, Palmerston Road, Ipswich, IP4 2LN
Nearby Postcodes
IP4 2LN is the 634th largest and the 22nd most expensive postcode out of the 903 postcodes in the IP4 area.
- IP4 2LH, St. Helens Street, Ipswich, IP4IP4 2LH23 Addresses|45 m away
- IP4 2LJ, St. Helens Street, Ipswich, IP4IP4 2LJ10 Addresses|47 m away
- IP4 2NW, Palmerston Road, Ipswich, IP4IP4 2NW14 Addresses|52 m away
- IP4 2NY, Lancaster Road, Ipswich, IP4IP4 2NY28 Addresses|62 m away
- IP4 2LP, St. Helens Street, Ipswich, IP4IP4 2LP3 Addresses|70 m away
Property Types
- 5 period houses built between 1800 and 1911
- 18 modern flats built after 1980
- 1 other address of unknown type
- period house (5)
- modern flat (18)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (8)
- F (1)
- C (8)
- G (0)
- D (3)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Mar 2025£327,500 | 4 Bed House26, Palmerston Road, Ipswich, IP4 2NU26, Palmerston Road, Ipswich, IP4 2NU
- Sold Oct 2024£293,000 | 4 Bed House50, Palmerston Road, Ipswich, IP4 2NU50, Palmerston Road, Ipswich, IP4 2NU
- Sold Jul 2020£250,000 | 4 Bed House24A, Palmerston Road, Ipswich, IP4 2NU24A, Palmerston Road, Ipswich, IP4 2NU
Schools Nearby
- St Helen's Primary School200 m away
- Clifford Road Primary School & Nursery600 m away
- St Margaret's Church of England Voluntary Aided Primary School, Ipswich600 m away
- Copleston High School1.8 km away
- Northgate High School1.9 km away
- Stoke High School - Ormiston Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to IP4 2LN is Derby Road (Ipswich) station, which is 1.3 kilometres away.
- Derby Road (Ipswich)|1.3 km away
- Ipswich|1.7 km away
- Westerfield|2.7 km away
- Woodbridge|10.9 km away
