At a Glance
Average Property Price - L35
£227,471
20
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L35
£34,138
26
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L35
4.8%
86
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
Property Price & Volume Trends
The average property price in L35 is £227,471, placing it below the national average. Over the past decade, the area has experienced strong price growth of 4.8% annually—among the fastest across the UK. Transaction activity has softened slightly in the latest year, with 334 sales compared to a 10-year average of 383.
Rent & Yield Trends
Monthly rents in the broader L postcode area average £863, below the national average. Rental growth over ten years has been steady at 4.1% annually, in line with wider trends. The flat yield currently stands at 5.7%, notably above the 10-year average of 5.0%, reflecting improved returns for landlords in recent times.
Income & Affordability Trends
Average net household income in L35 is £34,138, placing it below the national average. The price-to-income ratio of 6.3x has risen since 2016 (when it stood at 5.1x), indicating that property purchase affordability has weakened over the period. Rental affordability has remained essentially stable, with the rent-to-income ratio holding steady at around 25% across the same timeframe.
Resident Demographic Profile
The population skews slightly older than the national average, with 22% of residents aged 50–64 and 20.4% aged 65 and over. Housing tenure shows notably higher owner-occupation: 35.3% own outright and 33% own with a mortgage, reflecting a more established residential base. The employment mix is weighted towards caring professions (10.8%) and administrative roles (10.8%), both above national levels, while manager-level employment is below average at 10%.