At a Glance
Average Property Price - L17
£284,988
38
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L17
£33,544
22
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L17
4.3%
75
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
Property Price & Volume Trends
The latest average property price in L17 stands at £285,000, slightly below the national midpoint. Over the past decade, prices have grown at 4.3% annually—significantly faster than the typical UK area. Transaction activity has softened in the latest year, with 315 sales compared to a 10-year average of 369, suggesting a modest slowdown in market momentum.
Rent & Yield Trends
Average monthly rent in the broader L postcode area is £863, well below the national average. Rents have grown at 4.1% per year over the past decade, roughly in line with the national pace. The current flat yield of 5.7% sits comfortably above its 10-year average of 5.0%, reflecting improved rental returns for investors.
Income & Affordability Trends
Average net household income of £33,544 is notably below the national average, placing the area among the lower-income districts nationally. The price-to-income ratio of 7.8x has deteriorated since 2016 (when it stood at 6.7x), signalling that property has become less affordable for local buyers. The rental-to-income ratio of 24.9% has improved marginally from 25% in 2016, offering modest relief for renters.
Resident Demographic Profile
The area has a smaller proportion of under-15s (12.8%) than the national average, whilst the 25–34 age group is notably overrepresented at 18.1%. Private renting dominates tenure, at 29.8%—well above the national average of 21.7%—with social rented housing also elevated at 21.4%. The professional workforce is exceptionally strong at 33.9%, nearly 13 percentage points above the national norm, contrasting sharply with significantly lower rates of trades workers and plant/machine operators.