Property trends for IP22

    IP22 covers rural and semi-rural areas in mid-Suffolk, sitting between Norwich and Ipswich in the heart of East Anglia. It is a quieter, more mature neighbourhood characterised by village life and countryside appeal.

    At a Glance

    Average Property Price - IP22

    £329,073

    52

    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 - IP22

    £36,575

    41

    National percentile

    2023 census data

    Flat / Maisonette Yield - IP

    6.1%

    64

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - IP22

    2.5%

    31

    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 — IP22

    Top 5 streets in IP22 ranked by 3-year average sale price.

    #Street3Y Avg
    1Briar Lane£975,000
    2The Common£800,000
    3Holts Meadow£736,500
    4Willow Corner£722,500
    5Clarke Close£720,000

    Latest Rent — IP22

    Property Price & Volume Trends

    The latest average property price in IP22 is £350,000, close to the national midpoint. Ten-year annualised growth has averaged 3.8%, broadly in line with the UK overall. Transaction activity has moderated: 274 sales were recorded in the latest full year, down from a ten-year average of 353 per annum.

    Rent & Yield Trends

    Average monthly rents of £957 sit slightly below the national average. Rental growth over the past decade has been strong at 4.3% per year, outpacing most of the UK. The flat yield currently stands at 5.5%, a meaningful improvement on the ten-year average of 4.4%, reflecting recent buoyancy in the rental market.

    Income & Affordability Trends

    Net household income averages £36,575, modestly below the national typical. The purchase affordability position has tightened: the price-to-income ratio stands at 9.7x, up from 7.9x in 2016, signalling reduced buying power relative to local earnings. Rental affordability has similarly weakened, with rent consuming 24.5% of household income compared to 21.4% a decade ago.

    Resident Demographic Profile

    IP22 skews notably older, with over a quarter of residents aged 65 and above—well above the national figure of 19.6%—and those aged 50–64 also overrepresented at 21.7%. The younger population is correspondingly sparse, particularly the 16–24 age group at just 8%. Owner-occupation is strong at 67.3% of households (owned outright and mortgaged combined), significantly above the national 60.7%, whilst the trades sector is notably more prevalent at 13.7% compared to the national 10.5%.

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