Lower Somersham, Ipswich - IP8 4PJ
Key Postcode Insights
IP8 4PJ is a residential postcode situated on Lower Somersham, Ipswich, IP8 with 3 addresses.
It ranks as the 106th largest and 386th most expensive of the 457 postcodes in the IP8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £514,505
- 10 Year change
- up 25.3%
- Ave. Rental Price
- £2,301pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
IP8 4PJ is a residential postcode situated on Lower Somersham, Ipswich, IP8 with 3 addresses.
It ranks as the 106th largest and 386th most expensive of the 457 postcodes in the IP8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £514,505
- 10 Year change
- up 25.3%
- Ave. Rental Price
- £2,301pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin IP8 4PJ
Sales Market Trends
The last sale in IP8 4PJ sold for £575,000 on 31st July 2024. Since then prices are down an average of 2.7%.
The current average value in the postcode is £514,505.
The IP8 4PJ Sales Market has increased by 25.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £514,505 |
| June 2025 | 0.6% | £530,655 |
| June 2024 | -3.7% | £527,626 |
| June 2023 | 1.1% | £547,970 |
| June 2022 | 9.7% | £542,029 |
| June 2021 | 7.6% | £493,906 |
| June 2020 | 2.7% | £458,916 |
| June 2019 | -0.6% | £446,840 |
| June 2018 | 3.2% | £449,488 |
| June 2017 | 6.1% | £435,760 |
| June 2016 | 7.7% | £410,525 |
| June 2015 | 8.3% | £381,031 |
| June 2014 | 7.2% | £351,894 |
| June 2013 | 3.7% | £328,141 |
| June 2012 | 2.2% | £316,354 |
| June 2011 | 1.1% | £309,502 |
| June 2010 | 8.6% | £306,269 |
| June 2009 | -12.1% | £281,944 |
| June 2008 | -1.3% | £320,894 |
| June 2007 | 0% | £325,011 |
Rental Market Trends
The current average rental value in the postcode is £2,301.
The IP8 4PJ Rental Market has increased by 56.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £2,301pcm |
| June 2025 | 5.7% | £2,255pcm |
| June 2024 | 5.1% | £2,132pcm |
| June 2023 | 9% | £2,029pcm |
| June 2022 | 8.6% | £1,862pcm |
| June 2021 | 8% | £1,714pcm |
| June 2020 | 0.8% | £1,588pcm |
| June 2019 | 1.5% | £1,574pcm |
| June 2018 | 2.5% | £1,552pcm |
| June 2017 | 3.1% | £1,514pcm |
| June 2016 | 4.9% | £1,468pcm |
| June 2015 | 5% | £1,399pcm |
| June 2014 | 2.6% | £1,333pcm |
| June 2013 | 3.4% | £1,299pcm |
| June 2012 | 1.4% | £1,257pcm |
| June 2011 | 4% | £1,239pcm |
| June 2010 | 3.5% | £1,191pcm |
| June 2009 | -5.2% | £1,151pcm |
| June 2008 | 2.9% | £1,214pcm |
| June 2007 | 0% | £1,180pcm |
Sales History
The last sale was on 31st July 2024 for £575,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 7 sales since 1995.
IP8 4PJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£575,000 | 5 Bed HouseForge House, Ipswich, IP8 4PJForge House, Ipswich, IP8 4PJ
- Sold Dec 2017£1,110,000 | 5 Bed HouseThe Old Rectory, Ipswich, IP8 4PJThe Old Rectory, Ipswich, IP8 4PJ
- Sold Aug 2011£380,000 | 5 Bed HouseForge House, Ipswich, IP8 4PJForge House, Ipswich, IP8 4PJ
- Sold Oct 2004£670,000 | 5 Bed HouseThe Old Rectory, Ipswich, IP8 4PJThe Old Rectory, Ipswich, IP8 4PJ
- Sold Mar 1999£372,000 | 5 Bed HouseThe Old Rectory, Ipswich, IP8 4PJThe Old Rectory, Ipswich, IP8 4PJ
Nearby Postcodes
IP8 4PJ is the 106th largest and the 386th most expensive postcode out of the 457 postcodes in the IP8 area.
- IP8 4PL, Church Lane, Lower Somersham, Ipswich, IP8IP8 4PL4 Addresses|48 m away
- IP8 4PW, Church Close, Lower Somersham, Ipswich, IP8IP8 4PW8 Addresses|64 m away
- IP8 4PH, Main Road, Lower Somersham, Ipswich, IP8IP8 4PH29 Addresses|119 m away
- IP8 4PN, Church Lane, Lower Somersham, Ipswich, IP8IP8 4PN7 Addresses|124 m away
- IP8 4PF, Princes Gardens, Lower Somersham, Ipswich, IP8IP8 4PF22 Addresses|190 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 other address of unknown type
- period house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Dec 2017£1,110,000 | 5 Bed HouseThe Old Rectory, Ipswich, IP8 4PJThe Old Rectory, Ipswich, IP8 4PJ
- Sold Sep 2006£740,000 | 3 Bed HousePark Farm House, Ipswich, IP8 4PSPark Farm House, Ipswich, IP8 4PS
- Sold Jun 2025£687,500 | 5 Bed HouseStone Cottage, Ipswich, IP8 4PSStone Cottage, Ipswich, IP8 4PS
Schools Nearby
- Somersham Primary School100 m away
- Elmsett Church of England Primary School3.7 km away
- Bramford Church of England Voluntary Controlled Primary School3.9 km away
- Claydon High School4.6 km away
- Westbourne Academy5.4 km away
- Ormiston Endeavour Academy6.1 km away
More reading links
Public Transport Nearby
The closest station to IP8 4PJ is Needham Market station, which is 6.3 kilometres away.
- Needham Market|6.3 km away
- Westerfield|8.0 km away
- Ipswich|8.1 km away
- Derby Road (Ipswich)|10.3 km away
