At a Glance
Average Property Price - IP12
£413,078
69
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP12
£42,793
69
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP12
3.1%
31
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
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.