At a Glance
Average Property Price - L27
£163,246
5
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L27
£29,839
7
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L27
6.1%
97
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
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.