# IP2 0EL Area Summary
IP2 0EL covers a section of Ipswich, the county town of Suffolk, situated in the eastern part of the town. With an average property price of approximately £106,500 based on 63 properties, this postcode represents one of the more affordable areas within the Ipswich housing market. The pricing indicates this is likely a mix of flats and smaller terraced properties, positioned well below both the Ipswich average and the wider East of England regional figures, making it an accessible entry point for first-time buyers and investors seeking rental opportunities.
The significantly lower price point compared to the national average suggests this area may comprise predominantly leasehold flats or properties requiring modernisation, potentially including ex-local authority housing stock. The IP2 postcode district generally encompasses more residential, working-class neighbourhoods that have historically offered good value for money. This area's affordability makes it particularly attractive to young professionals, families seeking budget-friendly accommodation, and buy-to-let landlords looking to capitalise on Ipswich's steady rental demand driven by the town's employment sectors and rail connections to London Liverpool Street.
What makes IP2 0EL notable is its combination of urban convenience and genuine affordability in an increasingly expensive East of England property market. Ipswich benefits from strong transport links, local employment opportunities, and ongoing regeneration efforts in the town centre, factors that support long-term value retention even in more modestly priced neighbourhoods.
The average house price in IP2 0EL, Ipswich is £106,524. Prices range from £31,500 to £185,000.
There are 63 properties in IP2 0EL, Ipswich.
IP2 0EL contains 63 flat / maisonette properties.
Average house prices in IP2 0EL have risen by 6.1% from £129,313 in 2007 to £137,250 in 2024.
IP2 0EL is located in Ipswich, Suffolk, England.