At a Glance
Average Property Price - AL2
£560,336
87
National percentile
Average Monthly Rent - AL
£1,725
88
National percentile
Average Net Household Income - AL2
£49,605
88
National percentile
Flat / Maisonette Yield - AL
5.1%
26
National percentile
10-Year Annualised Price Growth - AL2
2.7%
21
National percentile
10-Year Annualised Rent Growth - AL
3.9%
50
National percentile
Property Price & Volume Trends
The latest average property price in AL2 is £560,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 2.7% per year—well below the national pace of appreciation. Transaction activity has eased slightly, with 276 sales in the latest full year compared to a 10-year average of 327 per year.
Rent & Yield Trends
Average monthly rents in the AL postcode area stand at £1,725, among the highest nationally. Rental growth over the past decade has been steady at 3.9% per year, in line with the national average. The flat yield has improved to 5.1% from a 10-year average of 4.1%, reflecting favourable rental returns relative to capital values.
Income & Affordability Trends
Household incomes in AL2 average £49,605, placing the area among the highest-earning nationally. Affordability for buyers has tightened: the price-to-income ratio has risen from 10.3x in 2016 to 12.6x today. Rental affordability has also declined, with renters now spending 36.3% of income on rent compared to 31.4% eight years ago.
Resident Demographic Profile
The age profile skews towards middle age and above, with notably fewer young adults (16–24 at 8.8%, well below the national 11.0%). Owner-occupation is exceptionally high: 37.8% own outright and 36.9% own with a mortgage, together representing nearly three-quarters of all households against a national combined rate of 60.7%. The workforce is strongly weighted towards professionals (24.4% versus 20.5% nationally) and managers (18.2% versus 13.4%), whilst trades and elementary roles are significantly underrepresented.