Search

Property boom predicted for Ipswich over the next 10 years

PUBLISHED: 09:56 30 September 2015 | UPDATED: 09:56 30 September 2015

Ipswich is a property hotspot

Ipswich is a property hotspot

Archant

Ipswich has been hailed as a ‘property hotspot’ to watch in the next decade, after experts predicted house prices could soar in the area.

A recent study by online 
estate agents HouseSimple has mapped out the country’s 10 
areas where untapped potential and lower house prices could spark a boom in demand, with Ipswich among the most promising areas.

Among some of the town’s 
key features that experts believe will increase the value of house prices are the growing student population, development 
plans for more than 15,000 
homes and strong public 
transport links, with some 
experts believing the town could replicate the success of Cambridge.

Sharon Newman, sales negotiator at Jonathan Waters Estate Agents in Ipswich, has already noticed the demand outstripping supply in the town’s key postcodes.

“It has gone in an upwards direction,” she confirmed. “We have seen a big boom in the IP3 and IP4 postcodes from last year and the year before, so Ipswich is very desirable.”

In March, a survey found IP5 
to be the second most desirable postcode in the UK, covering much of Kesgrave, Rushmere 
St Andrew and Martlesham Heath, with low levels of 
crime, good quality schools and availability of green spaces all helping to make IP5 a popular postcode.

While the autumn is considered a quiet time for estate 
agents, property experts are 
looking to see how much the market will increase in the new year.

Mrs Newman added: “The demand is far greater than 
the supply at the moment, and while all estate agents see it 
level out before Christmas, the spike in January and February will really tell us which way it is heading.”


If you value what this story gives you, please consider supporting the Ipswich Star. Click the link in the orange box below for details.

Become a supporter

This newspaper has been a central part of community life for many years, through good times and bad, serving as your advocate and trusted source of local information. Our industry is facing testing times, which is why I’m asking for your support. Every single contribution will help us continue to produce award-winning local journalism that makes a measurable difference to our community.

Thank you.

Most Read

Most Read

Latest from the Ipswich Star