At a Glance
Average Property Price - IP27
£242,504
25
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP27
£37,749
48
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP27
4.7%
85
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The latest average property price in IP27 is £243,000, placing it below the national average. Over the past decade, prices have grown at 4.7% annually — among the strongest growth rates seen nationally. Transaction activity has slowed, with 266 sales in the latest year compared to an average of 324 over the past decade.
Rent & Yield Trends
Average monthly rent in the broader IP postcode area stands at £957, around the national midpoint. Rents have risen at 4.3% per year over ten years, outpacing the national average. The flat yield is now 5.5%, notably higher than its ten-year average of 4.4%, reflecting improved returns for landlords.
Income & Affordability Trends
Household incomes in IP27 average £37,749, close to the national middle. Affordability for buyers has deteriorated: the price-to-income ratio has risen from 5.5x in 2016 to 6.5x today, making purchase increasingly demanding relative to local earnings. Renters have also faced worsening affordability, with the rent-to-income ratio climbing from 21.4% to 24.5% over the same period.
Resident Demographic Profile
The population is notably older than average, with those aged 65 and over representing 20.2% compared to the national figure of 19.6%. The workforce leans heavily towards technical and trades occupations—15.9% and 15.8% respectively—well above the national average of 13.2% and 10.5%, reflecting the area's rural and agricultural character. Professional employment, by contrast, is significantly underrepresented at 10.9% against the national norm of 20.5%. Private rented housing is considerably more prevalent at 28.3%, compared to 21.7% nationally.