At a Glance
Average Property Price - LA1
£213,666
16
National percentile
Average Monthly Rent - LA
£795
20
National percentile
Average Net Household Income - LA1
£35,197
32
National percentile
Flat / Maisonette Yield - LA
4.8%
17
National percentile
10-Year Annualised Price Growth - LA1
2.7%
20
National percentile
10-Year Annualised Rent Growth - LA
3.2%
10
National percentile
Property Price & Volume Trends
The latest average property price in LA1 is £214,000, placing it well below the national average—among the cheapest quarters of the market. Over the past decade, prices have grown at 2.7% annually, which is below the national rate. Transaction activity has softened recently, with 613 sales in the latest full year compared to a 10-year average of 827 per year.
Rent & Yield Trends
Average monthly rent in the LA postcode area stands at £795, considerably below the national average. Rent growth over the past decade has been modest at 3.2% per year, below the typical rate seen nationally. The flat yield currently sits at 4.8%, above its 10-year average of 4.2%, reflecting a slight improvement in rental returns.
Income & Affordability Trends
Average household income in LA1 is £35,197, below the national median. The price-to-income ratio of 5.8x has improved since 2016, when it was 6.2x, suggesting homes have become more affordable relative to local earnings. Rental affordability has also improved slightly: the rent-to-income ratio has fallen from 23.7% in 2016 to 23.3% today.
Resident Demographic Profile
The age profile is notably skewed towards young adults: 16–24 year-olds make up 27.3% of the population, far above the national average of 11.0%—a reflection of the large student population. Conversely, those aged 65 and over represent just 13.2%, well below the national average. In terms of housing tenure, the private rented sector is unusually prominent at 30.7%, significantly above the national figure of 21.7%. The professional workforce is also well represented at 26.9%, above the national average of 20.5%.