At a Glance
Average Property Price - L21
£176,357
7
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L21
£29,579
7
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L21
4.7%
84
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
Property Price & Volume Trends
The average property price in L21 is £176,000, placing it among the cheapest nationally. Over the past decade, prices have grown at 4.7% per year — a rate that ranks among the fastest-growing in the country. Transaction activity has softened recently, with 177 sales in the latest full year compared to a 10-year average of 246 annually.
Rent & Yield Trends
Average monthly rent in the broader L postcode area stands at £863, below the national median. Rents have grown at 4.1% annually over the past decade, roughly in line with the national pace. The current flat yield of 5.7% exceeds its 10-year average of 5.0%, indicating improving returns for landlords.
Income & Affordability Trends
Average net household income is £29,579, considerably below the national average. The price-to-income ratio stands at 5.6x, having deteriorated from 4.0x in 2016 as prices have risen faster than incomes. Rental affordability has improved marginally: the rent-to-income ratio is now 24.9%, down from 25% in 2016.
Resident Demographic Profile
The area has a notably higher concentration of social rented housing at 32.2%, more than double the national average of 16.5%, alongside a below-average share of outright ownership. The working-age population skews toward roles in caring, elementary work, and administrative sectors, which are all significantly more prevalent than national norms. Managerial and professional employment is comparatively underrepresented. The 50–64 age group is also somewhat overrepresented at 21.4% versus the national average of 19.8%.