At a Glance
Average Property Price - LA20
£336,813
53
National percentile
Average Monthly Rent - LA
£795
20
National percentile
Average Net Household Income - LA20
£37,940
48
National percentile
Flat / Maisonette Yield - LA
4.8%
17
National percentile
10-Year Annualised Price Growth - LA20
4.1%
68
National percentile
10-Year Annualised Rent Growth - LA
3.2%
10
National percentile
Property Price & Volume Trends
The average property price in LA20 is £337,000, close to the national midpoint. Over the past decade, the area has experienced annualised price growth of 4.1%, which outpaced most of the UK. Transaction activity has remained modest at 16 sales in the latest full year, roughly in line with its 10-year average of 17 per annum.
Rent & Yield Trends
Average monthly rent in the wider LA postcode stands at £795, well below the national average—among the most affordable rental markets in the country. Rental growth over ten years has been slow at 3.2% annually, markedly below the national pace. The flat yield is now 4.8%, a notable improvement on the 10-year average of 4.2%, reflecting recent tightening in the rental market relative to property values.
Income & Affordability Trends
Average net household income in the area is £37,940, slightly below the national midpoint. The price-to-income ratio has risen sharply to 11.4x from 7.5x a decade ago, signalling a meaningful deterioration in purchase affordability. Rental affordability has remained broadly stable, with the rent-to-income ratio at 23.3% compared to 23.7% in 2016.
Resident Demographic Profile
The population is notably older than average, with over one quarter aged 65 and more than a quarter aged 50–64; conversely, young adults aged 16–24 and children under 15 are significantly underrepresented. Housing tenure reflects a strong preference for ownership: half of all households own their home outright, well above the national average, whilst private renting is far below the national norm. The employment mix is heavily weighted towards trades and manual occupations, which account for one in five workers—substantially higher than the national average.