At a Glance
Average Property Price - IG2
£461,781
76
National percentile
Average Monthly Rent - IG
£1,728
88
National percentile
Average Net Household Income - IG2
£42,567
68
National percentile
Flat / Maisonette Yield - IG
5.9%
68
National percentile
10-Year Annualised Price Growth - IG2
3.3%
40
National percentile
10-Year Annualised Rent Growth - IG
4.2%
71
National percentile
Property Price & Volume Trends
The average property price of £462,000 places IG2 among the most expensive nationally. Price growth over the past decade has averaged 3.3% annually—below the national pace. Transaction volumes have weakened considerably, with 104 sales in the latest year against a 10-year average of 175, reflecting reduced market activity in the district.
Rent & Yield Trends
Rental costs of £1,728 per month are well above the national average, placing them among the priciest rental markets. Rent growth over ten years has averaged 4.2% annually, outpacing national trends. The current flat yield of 5.9% is notably stronger than the 10-year average of 4.8%, signalling improved rental returns in recent conditions.
Income & Affordability Trends
Average household income of £42,567 sits comfortably above the national midpoint. Purchase affordability has deteriorated: the price-to-income ratio has risen from 9.1x in 2016 to 11.0x today, reflecting faster price growth than income gains. Rental affordability has also worsened, with rent consuming 38.1% of income compared to 35.7% six years ago.
Resident Demographic Profile
IG2 has a notably young family demographic: those aged 35–49 make up 22.7% of the population, well above the national average of 18.7%, and under-15s represent 21.7% against a national 17.5%. The 65+ age group is underrepresented at 11.9%. The district stands out for its high private rental tenure (31.5%), substantially above the national 21.7%, and a strong professional workforce (25.3% vs 20.5% nationally). Social rented housing is less prevalent than the national norm.