Property trends for Blackpool (FY)

The latest average property price in FY is £196,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at an annualised rate of 2.4%, slightly below the national average growth rate.

Average monthly rent stands at £729, notably below the national average. Rental growth over ten years has averaged 2.9% annually, among the slowest rates nationally. The flat yield currently sits at a healthy 5.4%, offering relatively attractive returns for landlords.

Average household income in FY is £29,445, substantially below the national average. The price-to-income ratio of 6.5x has worsened slightly from 6.1x in 2016, indicating that property prices have outpaced income growth. On the rental side, however, affordability has improved: the rent-to-income ratio has fallen from 26.4% to 25.4%, easing pressure on renters' budgets.

The population is notably older than average, with over a quarter aged 65 and above compared to the national average of under 20%, and those aged 50–64 also significantly overrepresented. Young adults aged 16–24 are markedly underrepresented. Housing tenure reflects a higher-than-average proportion of outright ownership at 38%, whilst social rental housing accounts for a much smaller share than nationally. The workforce shows a pronounced tilt towards caring professions and administrative roles, both well above national averages, with fewer professionals than the national norm.