At a Glance
Average Property Price - IP1
£255,975
29
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP1
£37,502
46
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP1
4.0%
65
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The average property price in IP1 is £256,000, placing it below the national average. Annual price growth has averaged 4.0% over the past decade, broadly in line with national trends. Transaction volumes have declined noticeably: 375 sales in the latest full year against a 10-year average of 569, suggesting reduced market activity.
Rent & Yield Trends
Average monthly rent stands at £957, close to the national midpoint. Rental growth has been strong at 4.3% annually over the past decade, outpacing the national average. The flat yield has improved to 5.5% from a 10-year average of 4.4%, indicating strengthening returns for landlords.
Income & Affordability Trends
Average household income is £37,502, marginally below the national median. The price-to-income ratio has risen to 7.2x from 5.7x in 2016, reflecting deteriorating purchase affordability. Rental affordability has similarly worsened: the rent-to-income ratio has increased from 21.4% to 24.5%, indicating growing cost pressures on tenants.
Resident Demographic Profile
IP1 has a notably younger age profile, with 18.8% aged 25–34 and 21.5% aged 35–49, both meaningfully above national averages; conversely, only 12.5% are aged 65+, well below the national norm. The private rental sector dominates tenure at 35.9%, far exceeding the national average of 21.7%, while outright ownership at 21.3% is considerably lower than the national 33.7%. Employment is skewed towards elementary occupations at 13.6% and sales roles at 9.2%, while managerial positions are underrepresented at 8.9%.