Key indicators for buyers
The IP23 market is moderately favourable for buyers. Prices are rising at 54.2%, which may favour acting sooner rather than later. Affordability has improved from a peak of 11.0x in 2022 to 8.0x today. Rising rents (£963/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 Mid Suffolk area
A home in Mid Suffolk costs 8.0x the local median salary — moderate, improving from a peak of 11.0x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Mid Suffolk area
Average monthly rent in Mid Suffolk is £963, 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 Mid Suffolk price of £645,448 with a 25% deposit (£161k), a 2-year fixed mortgage at 3.97% costs around £2,547 per month.
Monthly cost comparison based on current data
Uses IP23 avg. price with Mid Suffolk rental data
Monthly mortgage payments (£2,547) are £1,584 more than renting (£963). However, buying requires an upfront deposit of £161k — it would take around 13447 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
OLD PLOUGH INN, THE STREET, SOUTHOLT IP23 7QJ | Detached | £645,448 | 14 Jan 2026 |
2, KERRISON GARDENS, THORNDON IP23 7JQ | Terraced | £272,500 | 19 Dec 2025 |
25, CHURCH STREET IP23 7BD | Terraced | £114,000 | 18 Dec 2025 |
BROOK HOUSE, 3, SUNNYBROOK CLOSE, GISLINGHAM IP23 8BG | Detached | £675,000 | 12 Dec 2025 |
SUNBURY COTTAGE, 5, VIKING CLOSE, GISLINGHAM IP23 8JY | Detached | £320,000 | 12 Dec 2025 |
17, MAGDALEN STREET IP23 7AJ | Semi-detached | £230,000 | 5 Dec 2025 |
FIELD COTTAGE, THE STREET, THORNDON IP23 7JR |
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 IP23 sold for £645,448 in 2026, with a median of £645,448 across 1 transactions. Prices rose 54.2% compared to the previous year.
| Detached |
| £415,000 |
| 5 Dec 2025 |
AUGHTON HOUSE, MILL STREET, GISLINGHAM IP23 8JT | Detached | £758,000 | 2 Dec 2025 |
WILLOW HOUSE, LANGTON GREEN IP23 7HL | Detached | £325,000 | 21 Nov 2025 |
SHIRE HOUSE, MILL STREET, GISLINGHAM IP23 8JT | Detached | £600,000 | 21 Nov 2025 |
3, CENTURY ROAD IP23 7LE | Detached | £438,500 | 20 Nov 2025 |
21, HIGHFIELD IP23 7BP | Detached | £305,000 | 14 Nov 2025 |
DAWN COTTAGE, HIGH STREET, THORNDON IP23 7LX | Detached | £500,000 | 14 Nov 2025 |
CELTIC COTTAGE, MILL STREET, GISLINGHAM IP23 8JR | Semi-detached | £190,000 | 7 Nov 2025 |
MILL END, MILL ROAD, REDLINGFIELD IP23 7QU | Semi-detached | £285,000 | 31 Oct 2025 |
177, WICKHAM ROAD, THORNHAM MAGNA IP23 8LJ | Semi-detached | £385,000 | 31 Oct 2025 |
LEFT HAND COTTAGE, THE STREET, OCCOLD IP23 7PL | Semi-detached | £230,000 | 31 Oct 2025 |
VICTORIA LODGE, VICTORIA HILL IP23 7HJ | Detached | £530,000 | 14 Oct 2025 |
EAST COTTAGE, RECTORY ROAD, BROME IP23 8AH | Semi-detached | £360,000 | 10 Oct 2025 |
OAKLEA, BUCKS GREEN, BEDINGFIELD IP23 7LG | Semi-detached | £366,000 | 8 Oct 2025 |
The most recent recorded sale in IP23 was a detached property on The Street for £645,448 in January 2026. Across the last 20 sales, the median price was £366,000.