IP5 2NX is a residential postcode situated on Main Road, Kesgrave, Ipswich, IP5 with 16 addresses.
It ranks as the 725th largest and 959th most expensive of the 1,344 postcodes in the IP5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 16 properties: 16 houses.
IP5 2NX is a residential postcode situated on Main Road, Kesgrave, Ipswich, IP5 with 16 addresses.
It ranks as the 725th largest and 959th most expensive of the 1,344 postcodes in the IP5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 16 properties: 16 houses.
Sale prices range from £282,636 for 3 bedroom freehold houses with a garden (764 ft2) to £499,059 for 5 bedroom freehold houses with a garden (2,077 ft2) .
Monthly rental prices range from £1,245 pcm for 3 bed houses to £2,048 pcm for 5 bed houses.
The gross rental yield is between 4.8% and 5.3%.
The average value per square foot is £315.
The last sale in IP5 2NX sold for £325,000 on 22nd July 2024. Since then prices are down an average of 3.8%.
The current average value in the postcode is £363,511.
The IP5 2NX Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.4% | £363,511 |
| May 2025 | 0.3% | £380,063 |
| May 2024 | -3.8% | £378,946 |
| May 2023 | 1.6% | £393,979 |
| May 2022 | 10.2% | £387,823 |
| May 2021 | 7.1% | £352,057 |
| May 2020 | 0.2% | £328,763 |
| May 2019 | 1.5% | £327,964 |
| May 2018 | 3.5% | £323,213 |
| May 2017 | 7.6% | £312,382 |
| May 2016 | 6.8% | £290,249 |
| May 2015 | 8.6% | £271,711 |
| May 2014 | 7.2% | £250,209 |
| May 2013 | 1.8% | £233,510 |
| May 2012 | 1.6% | £229,323 |
| May 2011 | 0.6% | £225,643 |
| May 2010 | 12.6% | £224,331 |
| May 2009 | -13.1% | £199,157 |
| May 2008 | -2.6% | £229,087 |
| May 2007 | 0% | £235,264 |
The current average rental value in the postcode is £1,512.
The IP5 2NX Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £1,512pcm |
| May 2025 | 4.7% | £1,485pcm |
| May 2024 | 5.6% | £1,418pcm |
| May 2023 | 7.3% | £1,343pcm |
| May 2022 | 9.1% | £1,251pcm |
| May 2021 | 6% | £1,147pcm |
| May 2020 | 2.6% | £1,082pcm |
| May 2019 | 1.2% | £1,054pcm |
| May 2018 | 2% | £1,042pcm |
| May 2017 | 3.1% | £1,022pcm |
| May 2016 | 4.8% | £991pcm |
| May 2015 | 4.5% | £946pcm |
| May 2014 | 2.4% | £906pcm |
| May 2013 | 2.3% | £884pcm |
| May 2012 | 2.7% | £864pcm |
| May 2011 | 4.5% | £841pcm |
| May 2010 | 4.2% | £805pcm |
| May 2009 | -6.7% | £772pcm |
| May 2008 | 2.9% | £827pcm |
| May 2007 | 0% | £804pcm |
The last sale was on 22nd July 2024 for £325,000 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 31 sales since 1995.
IP5 2NX has seen 1 sale in the last three years and no sales in the last twelve months.
IP5 2NX is the 725th largest and the 959th most expensive postcode out of the 1,344 postcodes in the IP5 area.
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The closest station to IP5 2NX is Derby Road (Ipswich) station, which is 4.5 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 IP5 2NX, 50.0% of property is privately owned outright and 32.2% 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 IP5 2NX, 18.8% of residents are recorded as possessing school level qualifications and 29.7% 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 IP5 2NX, the average age was 45 and the most common age was 52.
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 IP5 2NX, 0.3% 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 IP5 2NX, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.