At a Glance
Average Property Price - LA14
£160,648
4
National percentile
Average Monthly Rent - LA
£795
20
National percentile
Average Net Household Income - LA14
£28,206
5
National percentile
Flat / Maisonette Yield - LA
4.8%
17
National percentile
10-Year Annualised Price Growth - LA14
4.3%
76
National percentile
10-Year Annualised Rent Growth - LA
3.2%
10
National percentile
Property Price & Volume Trends
The average property price in LA14 is £161,000, placing it among the cheapest areas nationally. Despite this low absolute level, the district has seen notably strong price growth over the past decade, with values rising at 4.3% annually — a pace that puts it in the faster-growing half of the country. Transaction activity has moderated recently, with 489 sales in the latest year compared to an average of 630 over the previous ten years.
Rent & Yield Trends
Monthly rents across the broader LA postcode area average £795, well below the national median and among the lowest in the country. Rental growth has been subdued at 3.2% per year, also among the slowest nationally. Flat yields have improved modestly, reaching 4.8% in the latest year from a 10-year average of 4.2%, signalling a modest upturn in rental returns.
Income & Affordability Trends
Average household income in LA14 is £28,206, placing it among the lowest-earning areas in the UK. Home affordability has weakened: the price-to-income ratio has risen from 4.9x in 2016 to 5.5x today, making purchase increasingly demanding relative to local earnings. Rental affordability has improved slightly, with the rent-to-income ratio falling from 23.7% to 23.3% over the same period.
Resident Demographic Profile
The population is notably older than the national average, with those aged 50 and over representing 40.5% compared to 39.4% nationally, and a correspondingly smaller proportion of young adults aged 16–24. The employment profile is heavily skewed towards trades (15.5% versus 10.5% nationally) and caring roles (12.4% versus 9.2%), reflecting the area's character; professionals are notably underrepresented at 16.2% against the national 20.5%. Housing tenure is broadly balanced, with private rental occupying a slightly elevated share at 23.7% compared to the national 21.7%.