At a Glance
Average Property Price - IG3
£499,618
80
National percentile
Average Monthly Rent - IG
£1,728
88
National percentile
Average Net Household Income - IG3
£40,267
59
National percentile
Flat / Maisonette Yield - IG
5.9%
68
National percentile
10-Year Annualised Price Growth - IG3
4.0%
67
National percentile
10-Year Annualised Rent Growth - IG
4.2%
71
National percentile
Property Price & Volume Trends
The average property price in IG3 is £500,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 4.0% annually—a rate close to the national average. Transaction volumes have eased slightly, with 171 sales in the latest full year compared to a 10-year average of 187, reflecting modest softening in activity.
Rent & Yield Trends
Average monthly rents of £1,728 sit well above the national average, reflecting strong rental demand in the area. Rental growth has outpaced the national pace at 4.2% annually over the past decade. The current flat yield of 5.9% is notably higher than the 10-year average of 4.8%, signalling improving returns for buy-to-let investors.
Income & Affordability Trends
Average net household income stands at £40,267, slightly above the national median. The price-to-income ratio of 11.8x has worsened since 2016 (when it was 10.0x), indicating that property has become less affordable relative to local earnings. Rental affordability has similarly deteriorated, with renters now spending 38.1% of income on housing compared to 35.7% in 2016.
Resident Demographic Profile
IG3 has a notably younger age profile than England overall, with particularly strong representation among under-15s (23.7%) and 35–49-year-olds (23%), reflecting its appeal to growing families. The private rental sector dominates at 37% of all housing, far above the national average of 21.7%, while outright ownership (25.4%) is below average. The workforce is characterised by a higher proportion of elementary roles (12.6%) and a lower share of professionals (19.7%) compared to national norms.