At a Glance
Average Property Price - GL17
£324,323
50
National percentile
Average Monthly Rent - GL
£1,082
58
National percentile
Average Net Household Income - GL17
£36,505
41
National percentile
Flat / Maisonette Yield - GL
5.0%
21
National percentile
10-Year Annualised Price Growth - GL17
4.9%
87
National percentile
10-Year Annualised Rent Growth - GL
4.2%
65
National percentile
Property Price & Volume Trends
The average property price in GL17 is £324,000, close to the national midpoint. Over the past decade, prices have grown at 4.9% annually—among the faster-growing postcodes nationally. However, transaction activity has slowed: 130 sales occurred in the latest year, down from an average of 162 over the preceding ten years.
Rent & Yield Trends
Average monthly rent stands at £1,082, modestly above the national median. Rents have increased at 4.2% per year over ten years, close to the national pace. The flat yield is currently 5.0%, a notable rise from its ten-year average of 4.1%, reflecting improved rental returns in recent years.
Income & Affordability Trends
Average household income is £36,505, slightly below the national average. The price-to-income ratio has deteriorated significantly from 6.9x in 2016 to 9.7x today, indicating purchasing power has weakened substantially over this period. Rental affordability has also tightened, with rent now consuming 27.3% of income compared to 26.1% in 2016.
Resident Demographic Profile
The population skews notably older: those aged 50–64 represent 23.2% (against a national 19.8%), and over-65s comprise 24.7% (versus 19.6% nationally). Home ownership is particularly strong, with 45.3% owning outright—well above the national 33.7%—while private renting is unusually low at 11.2%. The workforce is weighted towards trades (15.2%) and caring professions (11.5%), with fewer professionals (15.3%) than the national average.