Key indicators for buyers
The IP3 market is moderately favourable for buyers. Prices have softened (-19.9%), which could present a buying opportunity. Affordability has improved from a peak of 8.0x in 2021 to 6.6x today. Rising rents (£985/mo, +4.2%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Ipswich area
A home in Ipswich costs 6.6x the local median salary — moderate, improving from a peak of 8.0x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Ipswich area
Average monthly rent in Ipswich is £985, up 4.2% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Ipswich price of £236,016 with a 25% deposit (£59k), a 2-year fixed mortgage at 3.97% costs around £931 per month.
Monthly cost comparison based on current data
Uses IP3 avg. price with Ipswich rental data
Monthly mortgage payments (£931) are £54 less than renting (£985). However, buying requires an upfront deposit of £59k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
68, HILTON ROAD IP3 9RH | Terraced | £183,500 | 22 Jan 2026 |
FLAT 504, 1, COPROLITE STREET IP3 0BN | Flat/Maisonette | £165,000 | 19 Jan 2026 |
28, DOVER ROAD IP3 8JQ | Terraced | £153,250 | 16 Jan 2026 |
513, FOXHALL ROAD IP3 8LW | Semi-detached | £390,000 | 16 Jan 2026 |
43, TEMPLE ROAD IP3 8PB | Semi-detached | £265,000 | 16 Jan 2026 |
10, POWNALL ROAD IP3 0DS | Flat/Maisonette | £119,000 | 16 Jan 2026 |
APARTMENT 401, 7, ANCHOR STREET IP3 0BW | Flat/Maisonette |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in IP3 sold for £236,016 in 2026, with a median of £189,250 across 16 transactions. Prices fell 19.9% compared to the previous year.
| £177,500 |
| 15 Jan 2026 |
274, CAVENDISH STREET IP3 8BQ | Terraced | £175,000 | 14 Jan 2026 |
139, ALAN ROAD IP3 8DP | Terraced | £325,000 | 13 Jan 2026 |
77, RAVENSWOOD AVENUE IP3 9GN | Detached | £475,000 | 13 Jan 2026 |
20, MYRTLE ROAD IP3 0AN | Terraced | £160,000 | 12 Jan 2026 |
30, ROSEHILL ROAD IP3 8ET | Semi-detached | £273,000 | 12 Jan 2026 |
4, HARRIER CLOSE IP3 9TF | Terraced | £225,000 | 9 Jan 2026 |
263, CAVENDISH STREET IP3 8BQ | Terraced | £150,000 | 6 Jan 2026 |
2, ROWAN CLOSE, PURDIS FARM IP3 8UN | Detached | £345,000 | 5 Jan 2026 |
131, BACK HAMLET IP3 8AW | Terraced | £195,000 | 5 Jan 2026 |
34, RANDS WAY IP3 9HG | Terraced | £120,000 | 22 Dec 2025 |
7, RAMSGATE DRIVE IP3 9DA | Semi-detached | £240,000 | 22 Dec 2025 |
2, NENE DRIVE IP3 9GL | Semi-detached | £279,000 | 19 Dec 2025 |
14, HENING AVENUE IP3 9QJ | Flat/Maisonette | £163,000 | 19 Dec 2025 |
The most recent recorded sale in IP3 was a terraced property on Hilton Road for £183,500 in January 2026. Across the last 20 sales, the median price was £195,000.