At a Glance
Average Property Price - LD4
£248,682
27
National percentile
Average Monthly Rent - LD
£615
0
National percentile
Average Net Household Income - LD4
£32,089
14
National percentile
Flat / Maisonette Yield - LD
5.4%
36
National percentile
10-Year Annualised Price Growth - LD4
3.3%
39
National percentile
10-Year Annualised Rent Growth - LD
3.2%
12
National percentile
Property Price & Volume Trends
The average property price in LD4 is £249,000, well below the national average and among the cheapest nationally. Over the past decade, prices have grown at 3.3% per year, a pace slightly below the national trend. Transaction activity has remained steady, with 11 sales in the latest full year matching the 10-year average.
Rent & Yield Trends
Average monthly rent in the broader LD area stands at £615, among the lowest in the country. Rental growth over the past decade has been modest at 3.2% per year, below the national average pace. The flat yield is currently 5.4%, unchanged from its 10-year average, indicating stable rental returns.
Income & Affordability Trends
Average household income is £32,089, well below the national average and among the lowest nationally. The price-to-income ratio of 7.1x has worsened slightly since 2016 (6.8x), indicating purchase affordability has tightened. Rental affordability has improved, however: the rent-to-income ratio has fallen from 21.5% to 20%, easing pressure on renters' budgets.
Resident Demographic Profile
The population is notably older, with nearly 29% aged 65 and over compared to a national average of 20%, while those aged under 15 and 16–24 are both underrepresented. Housing tenure is dominated by outright ownership at 51%, well above the national 34%, reflecting a settled, mature population with limited mortgage debt. The employment mix is heavily skewed towards trades at 24%, nearly two and a half times the national share, alongside strong representation in caring roles at 12%; professional occupations are notably underrepresented at 13%.