At a Glance
Average Property Price - L13
£151,813
3
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L13
£29,929
7
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L13
4.9%
88
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
Property Price & Volume Trends
Properties in L13 are among the most affordable nationally, with an average price of £152,000. Despite this low baseline, the district has enjoyed strong price growth over the past decade, rising at an annualised rate of 4.9%—well above the national average. Transaction activity has softened recently, with 250 sales in the latest year compared to a 10-year average of 339 per annum.
Rent & Yield Trends
Average monthly rent in the broader L postcode area stands at £863, below the national midpoint. Rental growth has been moderate at 4.1% annually over ten years, tracking close to the national pace. The rental yield has improved to 5.7% in the latest year from a 10-year average of 5.0%, reflecting a favourable environment for landlords.
Income & Affordability Trends
Average net household income of £30,000 is notably below the national average, placing the area among the lowest-income nationally. The price-to-income ratio has risen to 4.7x from 3.8x in 2016, indicating that property affordability has deteriorated relative to local earnings. Rental affordability has remained broadly stable at 24.9% of income, slightly improved from 25% in 2016.
Resident Demographic Profile
The area has a notably larger young-adult population, with 17.4% aged 16–24 against a national average of 11.0%, and shows stronger representation in caring professions at 12.1% compared to 9.2% nationally. Private renting is significantly more prevalent at 31% versus 21.7% nationally, while outright ownership is below average at 26.5%. The employment profile skews towards elementary occupations at 14.1%, well above the national 10.2%, and caring roles are similarly overrepresented.