At a Glance
Average Property Price - GL4
£289,566
39
National percentile
Average Monthly Rent - GL
£1,082
58
National percentile
Average Net Household Income - GL4
£39,593
56
National percentile
Flat / Maisonette Yield - GL
5.0%
21
National percentile
10-Year Annualised Price Growth - GL4
3.8%
59
National percentile
10-Year Annualised Rent Growth - GL
4.2%
65
National percentile
Property Price & Volume Trends
The average property price in GL4 is £290,000, positioning it slightly below the national midpoint. Over the past decade, prices have grown at 3.8% annually—a pace slightly faster than the national average. Transaction activity last year reached 595 sales, modestly down from the 10-year average of 691, reflecting typical market fluctuation.
Rent & Yield Trends
Average monthly rent across the broader GL area stands at £1,082, placing it just above the national median. Rents have grown at 4.2% annually over the past decade, outpacing national rent growth. The flat yield currently sits at 5.0%, meaningfully above its 10-year average of 4.1%, suggesting improved income returns for landlords in recent years.
Income & Affordability Trends
Average net household income is £39,600, slightly above the national average. The price-to-income ratio has risen to 7.1x from 6.2x in 2016, indicating that property affordability has tightened considerably over that period. Rental affordability has also compressed, with rent-to-income rising from 26.1% to 27.3%, placing modestly higher pressure on renters' budgets.
Resident Demographic Profile
The population skews slightly older, with those aged 50–64 and 65+ together representing over a third of residents, above the national average. The tenure mix shows notably stronger mortgage ownership at 35.4% compared to the national average of 27.0%, while private renting is substantially lower at 14.4% versus the national 21.7%. The employment profile is distinctive for its notably higher representation in caring professions (11.2% versus 9.2% nationally) and administrative roles (11.7% versus 9.0%), while professional occupations are less prominent at 16.3% against the national 20.5%.