At a Glance
Average Property Price - L14
£186,164
9
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L14
£31,464
12
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L14
2.0%
9
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
Property Price & Volume Trends
Properties in L14 are among the cheapest nationally, with an average price of £186,000. Annual price growth over the past decade has been sluggish at 2.0%, well below the national pace. Transaction volumes have declined notably: 209 sales in the latest full year against a 10-year average of 308, suggesting softer market activity.
Rent & Yield Trends
Rents in the wider L postcode area sit below the national average at £863 per month, though rental growth has been moderate at 4.1% annually over the past decade. The current flat yield of 5.7% marks a meaningful improvement from the 10-year average of 5.0%, reflecting the relative strength of rental returns in this part of the market.
Income & Affordability Trends
Average household income in L14 is significantly below the national average at £31,464, placing it among the lower-income areas. The price-to-income ratio stands at 5.8x, which has deteriorated since 2016 when it was 5.0x, signalling reduced affordability for local buyers. Rental affordability has improved slightly: the rent-to-income ratio is now 24.9%, a modest improvement from 25% in 2016.
Resident Demographic Profile
The population skews slightly older than average, with those aged 50–64 and 65+ together representing 37.7% of residents compared to 39.4% nationally. Social rented housing is notably over-represented at 24.1% versus the national average of 16.5%, reflecting the area's demographic mix. The employment profile shows stronger representation in caring roles (11.5% vs 9.2% nationally) and administrative work (11.7% vs 9.0%), while managerial positions are notably under-represented at 8.5% versus 13.4% nationally.