At a Glance
Average Property Price - GL13
£386,463
64
National percentile
Average Monthly Rent - GL
£1,082
58
National percentile
Average Net Household Income - GL13
£42,067
66
National percentile
Flat / Maisonette Yield - GL
5.0%
21
National percentile
10-Year Annualised Price Growth - GL13
4.3%
75
National percentile
10-Year Annualised Rent Growth - GL
4.2%
65
National percentile
Property Price & Volume Trends
The average property price in GL13 is £386,000, placing it in the upper half of the national market. Over the past decade, prices have grown at 4.3% annually—a solid rate that sits above the national average. Transaction activity has been lighter recently, with 84 sales in the latest full year compared to a 10-year average of 96, suggesting a gradual slowdown in turnover.
Rent & Yield Trends
Average monthly rent across the broader GL postcode area is £1,082, slightly above the national median. Rents have grown at 4.2% per year over the past decade, marginally outpacing the national average. The current rental yield of 5.0% is notably higher than the 10-year average of 4.1%, reflecting improved returns for landlords despite rising valuations.
Income & Affordability Trends
Average household income in GL13 is £42,067, well above the national average and in the upper third nationally. The price-to-income ratio has risen to 8.8x from 7.7x in 2016, indicating that properties have become less affordable relative to local earnings despite strong incomes. Rental affordability has also tightened, with the rent-to-income ratio rising from 26.1% to 27.3% over the same period.
Resident Demographic Profile
GL13 has a significantly older population profile than the nation: those aged 50–64 and 65+ together account for 47.4% of residents, well above the national combined average of 39.4%, while young adults aged 16–24 are notably underrepresented at 7.8% against the national 11.0%. Outright home ownership is markedly high at 39.8%, and mortgage ownership is also elevated at 31.9%, reflecting strong wealth and housing security; conversely, private and social renting are both below national averages. The employment mix is weighted towards managers and professionals—at 15.9% and 19% respectively—while sales and plant/machine roles are less common than nationally.