At a Glance
Average Property Price - IP28
£314,955
47
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP28
£41,531
64
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP28
3.8%
58
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The latest average property price in IP28 is £315,000, close to the national midpoint. Annual price growth over the past decade has averaged 3.8%, performing slightly above the typical UK rate. Transaction activity has slowed in the latest year, with 362 sales against a 10-year average of 459—a decline of roughly 21 percent.
Rent & Yield Trends
Average monthly rent in the broader IP postcode area is £957, slightly below the national median. Rental growth has been strong: 4.3% annually over ten years, well above the national average. Flat yield currently stands at 5.5%, meaningfully above the 10-year average of 4.4%, reflecting a recent upturn in rental returns relative to capital values.
Income & Affordability Trends
Household income here is above the national average at £41,531. However, housing affordability has shifted: the price-to-income ratio has risen from 6.4x in 2016 to 7.3x today, indicating that property purchase has become less accessible relative to local earnings. Rental affordability has also tightened, with rent consuming 24.5% of income now, up from 21.4% in 2016.
Resident Demographic Profile
The population is notably younger than average, with 19.3% under 15 compared to the national 17.5%, and 15.5% aged 25–34 versus 13.4% nationally. The private rented sector is above average at 26.2%, reflecting the commuter profile. Employment is weighted towards technical roles (16.7% versus 13.2% nationally) and trades (13.5% versus 10.5%), while professional occupations are slightly underrepresented at 15.9% against the national 20.5%.