At a Glance
Average Property Price - L4
£133,122
1
National percentile
Average Monthly Rent - L
£863
29
National percentile
Average Net Household Income - L4
£27,526
4
National percentile
Flat / Maisonette Yield - L
5.7%
51
National percentile
10-Year Annualised Price Growth - L4
6.5%
98
National percentile
10-Year Annualised Rent Growth - L
4.1%
61
National percentile
Property Price & Volume Trends
The latest average property price in L4 is £133,000, among the cheapest nationally. Despite this low price level, the district has experienced strong 10-year annualised growth of 6.5%, placing it among the fastest-growing areas in the country. However, transaction activity has cooled: 225 sales were recorded in the latest full year, notably below the 10-year average of 376 annually.
Rent & Yield Trends
Average monthly rent in the L postcode area is £863, below the national average. Rental growth over ten years has been steady at 4.1% annually—slightly faster than the national median. The flat yield currently stands at 5.7%, up from a 10-year average of 5.0%, reflecting improving returns for landlords in recent times.
Income & Affordability Trends
Average net household income of £27,526 is substantially below the national average, placing the area among the lowest-income districts nationally. The price-to-income ratio has deteriorated to 4.1x from 3.4x in 2016, indicating that affordability for purchase has weakened. Rental affordability has improved slightly, with rent-to-income now at 24.9% versus 25% in 2016.
Resident Demographic Profile
The age profile is broadly balanced with one notable exception: those over 65 make up 15.7% of the population, below the national average of 19.6%. Housing tenure is highly distinctive: social rented accommodation accounts for 32.3% of homes (double the national average of 16.5%), while owner-occupation with a mortgage is unusually low at 16.1% against the national 27.0%. The employment mix shows a pronounced concentration in elementary occupations at 19.3% (well above the national 10.2%) and caring roles at 13.6% (above the national 9.2%), while professional and managerial employment are notably underrepresented.