At a Glance
Average Property Price - LE15
£411,171
69
National percentile
Average Monthly Rent - LE
£961
45
National percentile
Average Net Household Income - LE15
£48,556
85
National percentile
Flat / Maisonette Yield - LE
6.3%
91
National percentile
10-Year Annualised Price Growth - LE15
3.6%
51
National percentile
10-Year Annualised Rent Growth - LE
4.9%
93
National percentile
Property Price & Volume Trends
The average property price of £411,000 sits among the more expensive nationally. Over the past decade, prices have grown at 3.6% per year, which is close to the national average. Transaction activity has slowed, with 473 sales in the latest year compared to an average of 592 over the preceding ten years.
Rent & Yield Trends
Average monthly rent of £961 is below the national average. Rental growth has been notably strong at 4.9% annually over ten years, well above the national pace. The rental yield of 6.3% is now significantly above its ten-year average of 4.9%, reflecting attractive returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £49,000 is well above the national average. The price-to-income ratio of 8.7x has barely changed since 2016, remaining stretched. Rental affordability has improved slightly: renters now spend 24.1% of income on rent, compared to 24.3% in 2016.
Resident Demographic Profile
The population skews notably older, with over a quarter aged 65 and above—significantly higher than the national figure of 19.6%. The 50–64 age group is also overrepresented. Ownership is strong: 44% own their homes outright, well above the national average of 33.7%. The employment mix leans towards managers and technical roles, which together account for 34% of the workforce, above the national combined share. Elementary and plant/machine roles are underrepresented.