At a Glance
Average Property Price - IP12
£415,004
71
National percentile
12 month avg at 31 Jul 2026
Average Monthly Rent - IP
£975
44
National percentile
Estimate at 31 Jul 2026
Average Net Household Income - IP12
£42,793
69
National percentile
2023 census data
Flat / Maisonette Yield - IP
6.1%
64
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Price Growth - IP12
3.0%
45
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Rent Growth - IP
4.2%
64
National percentile
Estimate at 31 Jul 2026
Street Rankings — IP12
Top 5 streets in IP12 ranked by 3-year average sale price.
| # | Street | 3Y Avg |
|---|---|---|
| 1 | The Grove | £1,445,000 |
| 2 | Raydon Lane | £1,338,000 |
| 3 | Market Hill | £1,313,750 |
| 4 | Leeks Hill | £1,295,000 |
| 5 | Lower Haugh Lane | £1,290,000 |
Highest Monthly Sales — IP12
The highest-value transaction recorded in IP12 for each of the last 5 months.
Property Price & Volume Trends
The latest average property price in IP12 is £413,000, placing it among the more expensive areas nationally. However, annual price growth over the past decade has averaged just 3.1%, well below the national rate of expansion. Transaction activity has softened: 374 sales were recorded in the latest full year, compared with a 10-year average of 442, suggesting a less buoyant market than its recent history.
Rent & Yield Trends
Average monthly rent across the broader IP postcode area stands at £957, slightly below the national median. Rental growth has been a bright spot, climbing at 4.3% annually over ten years—faster than most areas nationally. The flat yield has improved notably, now standing at 5.5% compared with a 10-year average of 4.4%, reflecting a better income proposition for landlords in recent years.
Income & Affordability Trends
Average household income in the area is £42,793, placing it above the national average. However, affordability has tightened considerably: the price-to-income ratio now stands at 10.6x, up significantly from 8.3x in 2016, making purchase increasingly demanding relative to local earnings. Rental affordability has also declined, with rent now consuming 24.5% of income versus 21.4% in 2016.
Resident Demographic Profile
The population is notably older than average: those aged 65 and over comprise 27% of residents, compared with 19.6% nationally, while under-16s and young adults aged 16–24 are both underrepresented. Housing tenure is heavily weighted toward outright ownership at 44.5%, far above the national 33.7%, reflecting the area's appeal to older owner-occupiers. The employment mix leans toward managers and technical roles, which together are slightly elevated compared to national norms.
