At a Glance
Average Property Price - AL9
£678,892
93
National percentile
Average Monthly Rent - AL
£1,725
88
National percentile
Average Net Household Income - AL9
£36,044
38
National percentile
Flat / Maisonette Yield - AL
5.1%
26
National percentile
10-Year Annualised Price Growth - AL9
2.8%
23
National percentile
10-Year Annualised Rent Growth - AL
3.9%
50
National percentile
Property Price & Volume Trends
The latest average property price of £679,000 places AL9 among the most expensive districts nationally. However, its 10-year annualised growth of 2.8% is significantly below the national average, reflecting slower appreciation than most of the country. Transaction activity has declined notably, with 97 sales in the latest year compared to a 10-year average of 149 annually.
Rent & Yield Trends
Average monthly rent of £1,725 is well above the national norm, sitting in the upper quartile. Rent growth over ten years has been moderate at 3.9% annually, close to the national midpoint. The flat yield has strengthened to 5.1%, notably above its 10-year average of 4.1%, suggesting improved returns for landlords in recent times.
Income & Affordability Trends
Average household income of £36,044 is below the national average. Affordability has deteriorated considerably: the price-to-income ratio has widened from 14.9x in 2016 to 21.5x today, making purchase substantially less accessible. Rental affordability has also worsened, with rent-to-income rising from 31.4% to 36.3% over the same period.
Resident Demographic Profile
The population skews slightly older than national norms, with a notably higher share of 35–49-year-olds (20.6% vs 18.7%) and a lower share of under-15s. The 16–24 age group is elevated at 13% against a national average of 11%. Housing tenure is relatively balanced between owned with mortgage (28.7%) and outright ownership (28.2%), though social rented tenure is notably higher at 20.5% compared to the national 16.5%. Employment is weighted towards managers (16.2% vs 13.4% nationally) and professionals, while trades are underrepresented.