At a Glance
Average Property Price - IG1
£463,111
76
National percentile
Average Monthly Rent - IG
£1,728
88
National percentile
Average Net Household Income - IG1
£18,466
2
National percentile
Flat / Maisonette Yield - IG
5.9%
68
National percentile
10-Year Annualised Price Growth - IG1
4.4%
77
National percentile
10-Year Annualised Rent Growth - IG
4.2%
71
National percentile
Property Price & Volume Trends
The latest average property price of £463,000 places IG1 among the more expensive areas nationally. Over the past decade, prices have risen at 4.4% per year—a pace broadly in line with national growth. Transaction activity has slowed notably, with 216 sales recorded in the latest full year compared to a 10-year average of 297 annually, suggesting a tightening of market turnover.
Rent & Yield Trends
Rents in the broader IG postcode area stand at £1,728 per month, well above the national average and among the highest in the country. Rental growth over the past decade has averaged 4.2% per year, outpacing many regions. The flat yield has improved to 5.9% in the latest period from a 10-year average of 4.8%, indicating strengthening returns for landlords.
Income & Affordability Trends
Average household income in IG1 is significantly below the national average at £18,466 per year. The price-to-income ratio has deteriorated sharply to 24.1x from 9.4x in 2016, reflecting a substantial squeeze on purchase affordability. Rental affordability has also worsened, with rent now consuming 38.1% of household income compared to 35.7% in 2016.
Resident Demographic Profile
IG1 has a notably younger and family-oriented demographic, with 23.1% of residents under 15—well above the national average of 17.5%—and 23.1% aged 35–49. The area is distinctly rental-focused: 39.5% live in private rented housing, nearly double the national share, while outright ownership at 23.4% is considerably below the 33.7% national norm. The workforce skews towards elementary occupations at 12.3% and professionals at 22.2%, with notably fewer in trades and caring roles than nationally.