At a Glance
Average Property Price - L39
£324,536
50
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L39
£36,231
39
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L39
3.3%
40
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
Property Price & Volume Trends
The average property price in L39 stands at £325,000, broadly in line with the national median. Annual price growth over the past decade has averaged 3.3%, which is below the national pace. Transaction activity has eased in recent years, with 312 sales recorded in the latest full year compared to a 10-year average of 397—a decline of around 21 per cent.
Rent & Yield Trends
Average monthly rent in the broader L postcode area is £863, placing it in the lower half of the national range. Rental growth over the past decade has been above average, rising 4.1 per annum. The flat yield has strengthened to 5.7 per cent, up from a 10-year average of 5.0 per cent, reflecting an improving rental return for investors.
Income & Affordability Trends
Household incomes in L39 average £36,231, placing the area modestly below the national median. The price-to-income ratio stands at 9.1 times, having risen from 7.6 times in 2016, indicating that properties have become less affordable relative to local earnings. The rent-to-income ratio has improved slightly, falling from 25.0 per cent in 2016 to 24.9 per cent today, suggesting rental affordability has remained relatively stable.
Resident Demographic Profile
The area has a notably older population profile: those aged 65 and over account for nearly a quarter of residents—significantly above the national average of just under 20 per cent—whilst the 16–24 age group is substantially over-represented at 23 per cent versus 11 per cent nationally. Housing tenure reflects a prosperous, owner-occupied area, with 43 per cent owning outright, well above the national figure of 34 per cent, and private rental accounting for just 15 per cent. The employment profile is weighted towards professional and managerial roles, which together represent 37 per cent of the workforce against a national combined rate of 34 per cent.