At a Glance
Average Property Price - LE17
£404,987
68
National percentile
Average Monthly Rent - LE
£961
45
National percentile
Average Net Household Income - LE17
£44,738
75
National percentile
Flat / Maisonette Yield - LE
6.3%
91
National percentile
10-Year Annualised Price Growth - LE17
3.5%
48
National percentile
10-Year Annualised Rent Growth - LE
4.9%
93
National percentile
Property Price & Volume Trends
The average property price of £405,000 sits above the national midpoint, placing it among the more expensive markets nationally. Over the past decade, prices have grown at 3.5% annually—broadly in line with the national average. Transaction activity has slowed, with 304 sales in the latest year compared to a 10-year average of 388, reflecting a tightening market.
Rent & Yield Trends
Monthly rents average £961, slightly below the national median. Rental growth has been notably strong at 4.9% per year, outpacing national trends significantly. The flat yield stands at 6.3%, up from its 10-year average of 4.9%, indicating improving returns for landlords.
Income & Affordability Trends
Average household income of £45,000 is above the national norm, placing the area in the upper half nationally. Purchase affordability has tightened: the price-to-income ratio now stands at 8.9x, up from 8.5x in 2016. Rental affordability has remained stable, with the rent-to-income ratio holding at 24% over the same period.
Resident Demographic Profile
The area skews notably older, with over-50s accounting for 45.5% of the population against a national average of 39.4%. Ownership is unusually strong: 40.7% own outright and 34.2% own with a mortgage, together representing three-quarters of all households. The private rental sector at 12.9% is well below national levels, while management roles are overrepresented at 18.9% of employment, suggesting a more professional and established workforce than average.