At a Glance
Average Property Price - LA6
£345,394
55
National percentile
Average Monthly Rent - LA
£795
20
National percentile
Average Net Household Income - LA6
£36,792
42
National percentile
Flat / Maisonette Yield - LA
4.8%
17
National percentile
10-Year Annualised Price Growth - LA6
2.7%
21
National percentile
10-Year Annualised Rent Growth - LA
3.2%
10
National percentile
Property Price & Volume Trends
The average property price in LA6 is £345,000, roughly in line with the national average. Over the past decade, the area has experienced annualised price growth of 2.7%, which is notably slower than the national trend. Transaction activity has slowed in recent years, with 152 sales in the latest full year compared to an average of 226 over the preceding decade.
Rent & Yield Trends
Average monthly rents in the broader LA postcode area stand at £795, significantly below the national average. Rent growth over the past decade has been modest at 3.2% annualised, well below the national pace. The flat yield has improved to 4.8% in the latest year from a 10-year average of 4.2%, indicating a positive recent trend for rental returns.
Income & Affordability Trends
Average net household income is £37,000, modestly below the national average. The price-to-income ratio has deteriorated materially since 2016, rising from 8.3x to 11.0x, reflecting property price growth outpacing income growth. 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, with nearly a third aged 65 and over compared to a national average of 19.6%; those aged 16–24 and 25–34 are significantly underrepresented. Housing tenure reflects a strong preference for outright ownership, with over half the population owning their homes outright against a national average of 34%. Employment leans towards trades (17.2% versus 10.5% nationally) and managers (16.4% versus 13.4%), with professionals slightly below the national figure.