At a Glance
Average Property Price - IP3
£263,277
31
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP3
£40,172
59
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP3
3.4%
44
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The latest average property price in IP3 is £263,000, placing it below the national average. Over the past decade, prices have grown at 3.4% annually — a pace slightly below the national trend. Transaction activity has softened recently, with 382 sales in the latest full year compared to a 10-year average of 485 per year.
Rent & Yield Trends
Average monthly rent across the IP postcode area stands at £957, near the national midpoint. Rental growth has been notably strong at 4.3% annually over ten years, well above the national average. The current flat yield of 5.5% is meaningfully higher than the 10-year average of 4.4%, reflecting the recent uplift in rental values relative to purchase prices.
Income & Affordability Trends
Average household income in IP3 is £40,172, slightly above the national midpoint. The current price-to-income ratio of 6.8x has deteriorated since 2016, when it stood at 5.9x, signalling that homes have become less affordable relative to earnings. Rental affordability has similarly tightened, with rent-to-income rising from 21.4% in 2016 to 24.5% today.
Resident Demographic Profile
The age profile shows a notably larger share of children under 15 (19.7% versus 17.5% nationally) and a smaller proportion of people aged 65+ (15.9% versus 19.6%), suggesting a younger, family-oriented demographic. Elementary occupations are overrepresented at 12.7% compared to 10.2% nationally, whilst professional roles are less prevalent at 17.7% against 20.5% nationally. Housing tenure is fairly balanced, with marginally higher rates of outright ownership (29.1%) than mortgage ownership (28.8%).