At a Glance
Average Property Price - IP15
£786,880
95
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP15
£35,334
33
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP15
6.2%
97
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The IP15 postcode district is among the most expensive nationally, with an average property price of £787,000. Prices have grown at 6.2% annually over the past decade—a rate in the top tier nationally. Transaction activity has slowed notably: just 45 sales occurred in the latest full year, well below the 10-year average of 66 per year, reflecting reduced market momentum in this quieter area.
Rent & Yield Trends
The broader IP postcode area commands rents around the national average, with monthly rents of £957 typical for rental stock. Rental growth has been stronger than the national trend, rising 4.3% per year over a decade. The current flat yield of 5.5% is noticeably above its own 10-year average of 4.4%, signalling improved rental returns in recent years.
Income & Affordability Trends
Average household income in IP15 is notably below the national average at £35,334. Property affordability has deteriorated significantly: the price-to-income ratio has risen from 14.6x in 2016 to 18.3x today, placing homes increasingly out of reach for local earners. Rental affordability has also worsened, with rent consuming 24.5% of income compared to 21.4% six years ago.
Resident Demographic Profile
The population is distinctly older, with over a third aged 65 and above—nearly double the national average—while under-15s and young adults aged 16–24 are substantially underrepresented. Housing tenure is heavily weighted toward outright ownership at 46%, well above the national norm, and mortgage ownership is proportionally low at 17%. The employment mix skews toward trades (16.4%) and elementary occupations (13.8%), both notably higher than national averages, while professional and managerial roles are less represented.