At a Glance
Average Property Price - IP7
£418,974
70
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP7
£41,537
64
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP7
4.1%
68
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The latest average property price in IP7 is £419,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 4.1% per year, a pace slightly above the national average. Transaction activity has softened: 182 sales were recorded in the latest full year, compared to a 10-year average of 234 annually, suggesting a less active market than its recent history.
Rent & Yield Trends
Average monthly rents in the IP postcode area stand at £957, close to the national middle ground. Rental growth over ten years has been robust at 4.3% annually, outpacing most regions nationally. The flat yield has improved to 5.5%, well above its 10-year average of 4.4%, reflecting a strengthening rental return relative to property values.
Income & Affordability Trends
Average household income in IP7 is £41,537, broadly in line with the national midpoint. Purchase affordability has tightened: the price-to-income ratio has risen from 9.2x in 2016 to 10.2x today, indicating that property prices have outpaced income growth. Rental affordability has also declined, with the rent-to-income ratio rising from 21.4% to 24.5% over the same period.
Resident Demographic Profile
IP7 has a notably older population: over a quarter (27.3%) are aged 65 and above, well above the national average of 19.6%, while those aged 16–24 are underrepresented at 8.2% compared to 11.0% nationally. Housing tenure shows a strong preference for outright ownership at 42.6%, significantly higher than the national 33.7%. Employment is skewed towards older-age occupations: managers and professionals account for a larger share, while elementary roles and plant/machine work are less common than the national average.