At a Glance
Average Property Price - LA4
£198,298
12
National percentile
Average Monthly Rent - LA
£795
20
National percentile
Average Net Household Income - LA4
£28,369
5
National percentile
Flat / Maisonette Yield - LA
4.8%
17
National percentile
10-Year Annualised Price Growth - LA4
4.1%
68
National percentile
10-Year Annualised Rent Growth - LA
3.2%
10
National percentile
Property Price & Volume Trends
The latest average property price in LA4 is £198,000, placing it among the most affordable districts nationally. Over the past decade, prices have grown at 4.1% annually—a moderate pace, slightly above the national average. Transaction volumes have slowed in recent years, with 332 sales recorded in the latest full year compared to a 10-year average of 422, suggesting a cooling market.
Rent & Yield Trends
Average monthly rent stands at £795, well below the national average. Rental growth over the past decade has been weak at 3.2% annually, among the slowest nationally. The flat yield currently sits at 4.8%, an improvement on the 10-year average of 4.2%, reflecting tighter rent-to-price ratios and a modest uptick in investor returns.
Income & Affordability Trends
Net household income in LA4 averages £28,369, significantly below the national median, placing it among the lowest-earning districts. The price-to-income ratio of 6.7x has worsened since 2016 (then 5.7x), indicating that purchasing power has declined relative to house prices. Rental affordability has improved marginally: the rent-to-income ratio has fallen from 23.7% to 23.3%, easing pressure on renters slightly.
Resident Demographic Profile
The population is notably older, with 23.2% aged 65 and above—well above the national average of 19.6%—whilst those aged 16–24 are underrepresented at 9.5%. The housing tenure profile shows higher outright ownership (35.3%) and a larger private rental sector (27.2%), alongside lower social rented stock (11.8%). The employment mix is skewed towards caring occupations (15.5%, nearly double the national rate) and elementary roles (13.4%), with notably fewer professionals (12.7%) and managers (8.9%).