At a Glance
Average Property Price - LA17
£256,344
29
National percentile
Average Monthly Rent - LA
£795
20
National percentile
Average Net Household Income - LA17
£38,809
53
National percentile
Flat / Maisonette Yield - LA
4.8%
17
National percentile
10-Year Annualised Price Growth - LA17
3.3%
40
National percentile
10-Year Annualised Rent Growth - LA
3.2%
10
National percentile
Property Price & Volume Trends
The average property price in LA17 is £256,000, placing it well below the national average and among the cheaper areas across the UK. Over the past decade, prices have grown by 3.3% annually, which is slightly slower than the national trend. Transaction activity has remained stable at around 16 sales per year, consistent with its 10-year average.
Rent & Yield Trends
Average monthly rent in the broader LA postcode area stands at £795, significantly below the national average. Rental growth over ten years has been modest at 3.2% annually, well below the national pace. The flat yield currently sits at 4.8%, up from a 10-year average of 4.2%, indicating improved returns for landlords in recent times.
Income & Affordability Trends
Average household income of £38,809 is in line with the national median. However, affordability has deteriorated on the purchase side: the price-to-income ratio has risen from 6.7x in 2016 to 8.9x today, making properties proportionally harder to buy relative to earnings. Rental affordability has improved slightly, with the rent-to-income ratio dropping from 23.7% to 23.3% over the same period.
Resident Demographic Profile
The area has a notably older population, with those aged 50–64 and 65+ significantly overrepresented, accounting for over half of residents compared to roughly 39% nationally. The young adult population aged 16–24 is considerably below average. Housing tenure is dominated by outright ownership at 51.6%, nearly 50% higher than the national average, reflecting a stable, long-established resident base. The employment mix is distinctive for its high proportion of trades workers at 19.9%, well above the national average of 10.5%, and elevated managerial roles at 17.7%.