At a Glance
Average Property Price - IP17
£395,499
66
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP17
£38,531
52
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP17
3.3%
39
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The latest average property price in IP17 is £395,000, placing it above the national mid-point. Annual price growth over the past decade has averaged 3.3%, which is below the national rate of growth. Transaction activity has slowed in the latest year, with 171 sales recorded against a 10-year average of 219 per year.
Rent & Yield Trends
Average monthly rents in the broader IP postcode area stand at £957, which is slightly below the national average. Rental growth over the past decade has been strong at 4.3% per year, significantly outpacing the national trend. The flat yield currently stands at 5.5%, a meaningful improvement on the 10-year average of 4.4%, signalling better returns for landlords in recent years.
Income & Affordability Trends
Average household income in IP17 is £38,531, broadly in line with the national average. The price-to-income ratio has risen to 11.0x from 8.0x in 2016, indicating that properties have become less affordable for local purchasers relative to earnings. Rental affordability has also tightened, with rent-to-income rising from 21.4% to 24.5% over the same period.
Resident Demographic Profile
IP17 has a notably older population: nearly 31% are aged 65 and over, compared to a national figure of 19.6%, whilst those aged 16–24 are significantly underrepresented at 7.4% against the national average of 11.0%. Housing tenure is distinctive, with 47.8% owning outright—well above the national average of 33.7%—and correspondingly lower proportions in mortgage-financed and rented sectors. The employment mix shows a strong representation in trades (15.2%) and management roles (15.8%), with notably fewer in professional occupations (15.5%) than the national average of 20.5%.