At a Glance
Average Property Price - IP19
£343,344
55
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP19
£38,094
50
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP19
2.9%
25
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The latest average property price in IP19 is £343,000, close to the national mid-point. Ten-year annualised price growth has been 2.9%, which is notably below the national average, suggesting this area has underperformed the broader market over the past decade. Annual transaction volumes have softened to 155 in the latest year, down from a ten-year average of 191, pointing to reduced market activity.
Rent & Yield Trends
Average monthly rents in the broader IP postcode area stand at £957, below the national average. However, ten-year rent growth of 4.3% has been considerably stronger than the national trend, demonstrating solid rental demand growth. The flat yield has risen to 5.5%, up from a ten-year average of 4.4%, indicating improving returns for rental investors in the area.
Income & Affordability Trends
Average household income in IP19 is £38,094, broadly aligned with the national average. The price-to-income ratio has deteriorated significantly, rising from 6.9x in 2016 to 10.4x today, making property purchase less affordable relative to local incomes. Rental affordability has also worsened, with rent-to-income ratio climbing from 21.4% in 2016 to 24.5%, suggesting greater pressure on renters' budgets.
Resident Demographic Profile
IP19 has a notably older age profile, with over one-third of the population aged 65 and above compared to a national average of 19.6%, and only 6.5% aged 16–24 versus 11% nationally. Housing tenure is dominated by outright ownership at 51.7%, well above the national average of 33.7%, reflecting the older demographic and rural character. The employment mix is weighted towards trades at 16.9%, above the national average of 10.5%, consistent with a rural, traditionally working economy.