Posted 23rd Mar
The London Economic has ranked Ipswich among the top 10 up-and-coming places to live in the UK being acknowledged for its affordable house prices and convenient proximity to London, earning 7th place in a recent analysis.
Being ideally positioned for both the city and Suffolk coast, Ipswich is noted as having received a “huge injection of investment” and is going from strength-to-strength with the Government striving to attract high-tech industries to the locality.
Rightmove statistics for 2017 report average Ipswich selling figures: semi-detached properties being the most popular reaching £217,693 terraced residences achieving £178,039 and flats coming in at £125,979. This cements Ipswich as an affordable area for families to set up home.
In summary, Ipswich’s overall average property price of £211,045 is considerably below the national average and massively less than London with prices rising to £736,000. Sold prices in Ipswich have grown by 5% compared with the previous year and are 13% up on the year prior to that, identifying Suffolk’s county town as a strong place for investors.
The full article can be read here.
by Luke Golding