At a Glance
Average Property Price - IP9
£389,275
65
National percentile
Average Monthly Rent - IP
£957
43
National percentile
Average Net Household Income - IP9
£42,106
66
National percentile
Flat / Maisonette Yield - IP
5.5%
45
National percentile
10-Year Annualised Price Growth - IP9
3.8%
58
National percentile
10-Year Annualised Rent Growth - IP
4.3%
76
National percentile
Property Price & Volume Trends
The average property price in IP9 is £389,275, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 3.8% per year on average, which is slightly above the national median rate of growth. Transaction activity has slowed recently, with 124 sales in the latest full year compared to a 10-year average of 176 annually, suggesting a tightening market.
Rent & Yield Trends
Average monthly rent in the IP postcode area is £957, broadly in line with the national average. Rental growth has been notably strong, expanding at 4.3% per year over the past decade—significantly above the national pace. The flat yield currently stands at 5.5%, up from a 10-year average of 4.4%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Average net household income is £42,106, placing the area above the national average. The price-to-income ratio of 9.4x is elevated compared to 2016, when it stood at 7.9x, reflecting stronger house price growth than income growth over that period. Rental affordability has also tightened, with the rent-to-income ratio rising from 21.4% to 24.5% since 2016, meaning renters now spend a larger share of household income on rent.
Resident Demographic Profile
The population skews notably older than average: those aged 50–64 account for 22.9% (versus 19.8% nationally) and those aged 65 and over represent 25.8% (versus 19.6%), while under-16s are underrepresented at 16.4% (versus 17.5%). Housing tenure is strongly tilted towards ownership, with 44.4% owning outright—well above the national average of 33.7%—and private rental housing is less prevalent at 16.2% versus the national 21.7%. The employment profile is tilted towards managerial and professional roles: managers account for 15.4% (versus 13.4% nationally) and technical occupations are also elevated at 14.4% (versus 13.2%).