# IP1 2QX Area Summary
IP1 2QX covers a portion of central Ipswich, Suffolk's county town and largest settlement. With 82 properties averaging £71,519, this postcode represents one of the more affordable segments of the local property market, sitting well below both regional and national averages. The significantly lower price point suggests a prevalence of leasehold flats, purpose-built apartments, or properties requiring modernisation, which is typical for central urban postcodes in smaller Eastern England towns.
The area benefits from Ipswich's position as a major employment and transport hub, with excellent rail connections to London Liverpool Street (approximately 70 minutes), Norwich, and Cambridge. The town centre location likely offers residents convenient access to Ipswich's shopping facilities, including the Cornhill and Sailmakers shopping centres, as well as the revitalised Waterfront district. The affordability factor makes this postcode particularly attractive to first-time buyers, buy-to-let investors targeting the strong rental demand from the town's professional workforce, and those seeking convenient urban living without premium price tags.
The property market here reflects Ipswich's ongoing regeneration efforts, with the town centre experiencing gradual transformation. Whilst average prices remain modest, this presents opportunities for capital growth as the area continues to develop and attract further investment in both residential and commercial sectors.
The average house price in IP1 2QX, Ipswich is £71,519. Prices range from £33,000 to £132,000.
There are 82 properties in IP1 2QX, Ipswich.
IP1 2QX contains 82 flat / maisonette properties.
Average house prices in IP1 2QX have risen by 21.1% from £63,983 in 1999 to £77,500 in 2024.
IP1 2QX is located in Ipswich, Suffolk, England.