At a Glance
Average Property Price - IG5
£606,058
90
National percentile
Average Monthly Rent - IG
£1,728
88
National percentile
Average Net Household Income - IG5
£42,233
67
National percentile
Flat / Maisonette Yield - IG
5.9%
68
National percentile
10-Year Annualised Price Growth - IG5
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 in IG5 stands at £606,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 4.4% annually, a rate above the national average. Transaction activity has softened compared with its 10-year norm, with 95 sales in the latest full year against a historical average of 133.
Rent & Yield Trends
Average monthly rent in the broader IG postcode area is £1,728, well above the national average. Rental growth over ten years has averaged 4.2% annually, outpacing most regions. The flat yield has strengthened to 5.9%, up notably from its 10-year average of 4.8%, signalling improving returns for landlords.
Income & Affordability Trends
Average household net income is £42,233, slightly above the national midpoint. Affordability for purchasers has tightened: the price-to-income ratio now stands at 11.7x, up from 11.3x in 2016, making ownership proportionally more stretched. Rental affordability has similarly worsened for tenants, with the rent-to-income ratio rising from 35.7% to 38.1% over the same period.
Resident Demographic Profile
The area has a notably higher proportion of 35–49 year-olds at 21.2%, suggesting a concentration of established family households. Mortgage ownership is above average at 36.7%, reflecting strong owner-occupation, while social rented housing is markedly lower at 9%. The workforce is skewed towards professional occupations at 24.8% and administrative roles at 12.0%, with fewer people in trades and caring professions than the national average.