House prices in Ipswich have gone down by an average of over £300 in the month of January, according to figures from the Land Registry.

The latest data from the government department reveals that in January 2023 average house prices in Ipswich reached £241,353.

This was down from £241,706 in December, representing a 0.1 per cent decrease. In the last 12 months it has risen by 10.1 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Ipswich here.

How much have house prices decreased in Ipswich?

Breaking it down for specific types of housing, all prices saw a decrease.

  • Detached houses - Down to £426,370 from £427,501 in December
  • Semi-detached houses - Down to £275,830 from £275,956 in December
  • Terraced houses - Down to £215,084 from £215,423 in December
  • Flats - Down to £153,621 from £154,043 in December

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How do Ipswich house prices compare to the UK average?

The fall in prices this month means Ipswich is still below the UK average with typical property value in the nations reaching £289,818 in January.

In cash terms, the average house price in January was £17,080 higher than a year earlier with house price growth accelerating to 6.3 per cent in January 2023. Prices were down by -1.1 per cent month on month.

How much could your house be worth?

We have created this map for the East of England so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Ipswich are the most expensive for average house prices.