At a Glance
Average Property Price - L27
£167,322
0
National percentile
Average Monthly Rent - L
£891
0
National percentile
Average Net Household Income - L27
£29,839
7
National percentile
Flat / Maisonette Yield - L
6.0%
0
National percentile
10-Year Annualised Price Growth - L27
5.8%
1
National percentile
10-Year Annualised Rent Growth - L
4.4%
1
National percentile
Street Rankings — L27
Top 5 streets in L27 ranked by 3-year average sale price.
| # | Street | 3Y Avg |
|---|---|---|
| 1 | Wood Lane | £287,500 |
| 2 | Galium Drive | £216,667 |
| 3 | Silverbrook Road | £209,083 |
| 4 | Viola Drive | £201,303 |
| 5 | Langshaw Lea | £200,600 |
Highest Monthly Sales — L27
The highest-value transaction recorded in L27 for each of the last 5 months.
Property Price & Volume Trends
The average property price in L27 is £163,000, placing it among the cheapest neighbourhoods nationally. Over the past decade, prices have grown at 6.1% annually—a rate significantly faster than most of the country. Transaction activity in the latest year stood at 49 sales, slightly below the ten-year average of 56, suggesting modest but steady market activity.
Rent & Yield Trends
Average monthly rent across the broader L postcode area is £863, below the national average. Rents have grown at 4.1% annually over the past decade, a pace slightly slower than the national trend. The current rental yield of 5.7% is notably above the ten-year average of 5.0%, reflecting improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income in L27 is £29,839, significantly below the national average and among the lowest nationally. The price-to-income ratio of 4.5x suggests property is less affordable than a decade ago, when the ratio stood at 3.4x. Rental affordability has remained broadly stable, with rent-to-income ratios at 24.9% compared to 25% in 2016.
Resident Demographic Profile
The population skews older than national average, with those aged 50–64 representing 21.1% of residents against a national norm of 19.8%. Social housing tenure is exceptionally prominent at 39.3% of all households, far above the national figure of 16.5%, while private ownership is markedly lower. The employment mix is notably weighted towards caring occupations (13.6%) and elementary roles (13.6%), both well above national proportions, whilst professional and managerial roles are underrepresented.