Property trends for IP10

    IP10 covers Felixstowe and surrounding coastal areas in Suffolk, situated in the east of England. It is a well-established residential and port community with strong maritime heritage, offering seaside living alongside practical commuter access.

    At a Glance

    Average Property Price - IP10

    £538,588

    84

    National percentile

    Average Monthly Rent - IP

    £957

    43

    National percentile

    Average Net Household Income - IP10

    £43,193

    70

    National percentile

    Flat / Maisonette Yield - IP

    5.5%

    45

    National percentile

    10-Year Annualised Price Growth - IP10

    2.9%

    26

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    Property Price & Volume Trends

    The current average property price of £539,000 places IP10 among the most expensive nationally, ranking in the top fifth. Annualised price growth over the past decade has been 2.9%, significantly below the national average—placing it in the slowest-growing quartile nationally. Transaction activity in the latest year was 34 sales, notably lower than the 10-year average of 43, suggesting a quieter market.

    Rent & Yield Trends

    Average monthly rent of £957 sits close to the national middle ground, with rental growth over ten years at 4.3% placing the area among stronger performers nationally. Flat yield currently stands at 5.5%, notably above its 10-year average of 4.4%, reflecting improved rental returns relative to capital values over this period.

    Income & Affordability Trends

    Average net household income of £43,193 sits comfortably above the national average, in the upper third. However, the price-to-income ratio of 11.7x has deteriorated significantly since 2016 when it stood at 9.4x, signalling that homes have become less affordable relative to local earnings. Rental affordability has also worsened, with rent-to-income ratio rising from 21.4% in 2016 to 24.5% today.

    Resident Demographic Profile

    The population is notably older than average, with 23.8% aged 50–64 and 24.2% aged 65 and over—both well above national norms. Young adults aged 16–24 are significantly underrepresented at 8.3% compared to the national average of 11.0%. Owner occupation is particularly strong at 78.6% (outright plus mortgaged), well above the national combined average of 60.7%, while private rental is correspondingly low at 13.9%.

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