At a Glance
Average Property Price - IP4
£292,137
40
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP4
£41,242
63
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP4
3.4%
41
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The average property price in IP4 is £292,000, placing it slightly below the national average. Ten-year price growth has averaged 3.4% annually, roughly in line with the national trend. Transaction activity has slowed in recent years, with 404 sales in the latest full year compared to a ten-year average of 577, suggesting a tightening market.
Rent & Yield Trends
Average monthly rent across the broader IP postcode area stands at £957, around the national mid-point. Rental growth has been notably strong at 4.3% annually over the past decade, outpacing the national average and reflecting sustained demand for private lettings. The current flat yield of 5.5% is meaningfully above its ten-year average of 4.4%, indicating improved returns for investors despite rising property values.
Income & Affordability Trends
Average household income is £41,242, positioning the area modestly above the national average. However, affordability has deteriorated: the price-to-income ratio has risen from 5.9x in 2016 to 7.3x today, reflecting property appreciation outpacing wage growth. Rental affordability has similarly weakened, with rent-to-income ratio rising from 21.4% to 24.5% over the same period.
Resident Demographic Profile
The area has a notably higher concentration of working-age adults, with the 25–34 and 35–49 age groups each well above national averages. The private rental sector is particularly prominent at 31.5%—well above the national 21.7%—while outright ownership is correspondingly lower. Professionally employed residents are overrepresented at 23.3% compared to the national 20.5%, though manual trades are underrepresented.