At a Glance
Average Property Price - L20
£149,187
3
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L20
£26,390
4
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L20
5.8%
95
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
Property Price & Volume Trends
L20 is among the most affordable postcodes nationally, with an average property price of £149,000. Price growth has been exceptionally strong over the past decade, with 10-year annualised growth of 5.8% — well above the national trend. However, transaction activity has declined significantly, with 212 sales in the latest year compared to a 10-year average of 316 annually.
Rent & Yield Trends
Rental levels in the L postcode area are below the national average at £863 per month, though rent growth of 4.1% annually over the past decade has been in line with national trends. The flat yield has improved to 5.7%, up from a 10-year average of 5.0%, reflecting the recent strength of rental returns in this part of the market.
Income & Affordability Trends
Average household income in L20 is significantly below the national average at £26,390. Affordability for purchase has deteriorated markedly: the price-to-income ratio has risen from 3.6x in 2016 to 4.8x today, a substantial increase despite modest price levels. Rental affordability has remained relatively stable, with rent-to-income ratios holding steady at around 25%.
Resident Demographic Profile
The age profile is broadly balanced with a notably younger median, reflected in an above-average proportion of 35–49 year-olds at 20.2%. Housing tenure is distinctive: social rented housing accounts for 37.6% of homes — more than double the national average of 16.5% — while outright ownership at 18.8% is well below the national norm of 33.7%. The employment mix is heavily weighted toward elementary occupations (16%) and caring roles (12.9%), both significantly above national averages, whilst professional and managerial roles are considerably underrepresented.