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# House prices in Ipswich rise, but annual decline continues
- URL: https://www.ipswich.co.uk/house-prices-in-ipswich-rise-but-annual-decline-continues/
- Published: 2024-09-26T07:07:54.000Z
- Updated: 2026-03-16T15:34:35.000Z
- Description: Ipswich saw a 1.3% increase in house prices in July, outpacing the East of England average. However, this doesn't reverse the overall downward trend, with prices still down 4.8% compared to last year.
- Author: Oliver Rouane-Williams
- Tags: News, #article, #Import 2026-03-16 14:46

**Here's what you need to know:**

- The average Ipswich house price in July was £222,225
- This is £11,000 less than a year ago
- First-time buyers spent an average of £195,900
- Semi-detached houses saw the biggest monthly rise at 1.3%

**Why it matters:** Housing affordability remains a key concern for many Ipswich residents. While the monthly increase might offer some relief to homeowners, the continued annual decline suggests a challenging market for sellers.

**By the numbers:**

- 1.3%: Monthly increase in Ipswich house prices
- 0.7%: Average increase across the East of England
- 4.8%: Annual decrease in Ipswich house prices
- £222,225: Average house price in Ipswich
- £341,160: Average house price in the East of England

**Between the lines:** Ipswich's housing market performance places it 44th out of 45 local authorities in the East of England for annual growth. The disparity between Ipswich's house prices and the regional average (34.9% lower) could make the town more attractive to buyers priced out of other areas.

**What's next:** Potential homebuyers and sellers will be watching closely to see if this monthly increase marks the beginning of a recovery or if the annual decline will continue.

### Sources

- [UK House Price Index](https://www.gov.uk/government/statistical-data-sets/uk-house-price-index-data-downloads-july-2024?ref=ipswich.co.uk)

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