At a Glance
Average Property Price - L15
£210,146
15
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L15
£32,952
19
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L15
4.1%
71
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
Property Price & Volume Trends
The average property price in L15 is £210,000, placing it well below the national average and among the most affordable areas nationally. Over the past decade, prices have grown at 4.1% annually—a pace above the national trend. Transaction volumes have moderated recently, with 281 sales last year compared to a 10-year average of 358 per year.
Rent & Yield Trends
Average monthly rents in the broader L postcode area stand at £863, below the national median. Rents have grown at 4.1% per year over a decade, a pace slightly above the national average. The flat yield has improved to 5.7%, up from a 10-year average of 5.0%, reflecting the current attractiveness of the rental market.
Income & Affordability Trends
Average household income is £32,952, significantly below the national average. The price-to-income ratio of 5.7x has worsened since 2016 (when it was 5.1x), indicating that purchasing power relative to prices has declined. Rental affordability has remained broadly stable, with rent consuming 24.9% of income compared to 25% in 2016.
Resident Demographic Profile
The area has a distinctly youthful profile, with 31.8% of residents aged 16–24—nearly three times the national average—and only 11% aged 65 or over, well below the national norm. The housing tenure mix is heavily skewed towards private renting at 37.7%, nearly twice the national share, while outright ownership is low at 23.1%. The employment mix shows above-average numbers of professionals (23.3%) and elementary workers (13.3%), alongside notably fewer managers and trades workers than the national average.