At a Glance
Average Property Price - LE19
£409,275
69
National percentile
Average Monthly Rent - LE
£961
45
National percentile
Average Net Household Income - LE19
£41,861
65
National percentile
Flat / Maisonette Yield - LE
6.3%
91
National percentile
10-Year Annualised Price Growth - LE19
7.4%
99
National percentile
10-Year Annualised Rent Growth - LE
4.9%
93
National percentile
Property Price & Volume Trends
The latest average price of £409,000 sits in the upper half of the national market. Over the past decade, LE19 has experienced exceptionally strong growth of 7.4% annually — among the fastest-growing postcodes nationally. Transaction activity has eased to 265 sales in the latest year from a 10-year average of 348, reflecting the broader slowdown in market turnover.
Rent & Yield Trends
Average monthly rent of £961 is close to the national midpoint. The broader LE postcode has seen rental growth of 4.9% annually over a decade, significantly above the national pace. The flat yield now stands at 6.3%, materially ahead of its 10-year average of 4.9%, signalling improved returns for buy-to-let investors in recent months.
Income & Affordability Trends
Average household income of £42,000 sits solidly above the national average. The price-to-income ratio of 7.1x has tightened slightly from 6.9x in 2016, suggesting affordability has eased marginally for first-time buyers despite price growth. Rental affordability has held steady, with rent consuming 24% of income compared to 24% a decade ago.
Resident Demographic Profile
The age profile skews slightly older than average, with those aged 35–64 making up 40% of residents versus 38% nationally. Owner-occupation is notably strong, with 75% owning outright or with a mortgage versus 61% nationally, whilst social rented housing is underrepresented at just 8% of the stock. The employment base is weighted towards skilled roles: technical occupations and trades are each 1–2 percentage points above national levels, reflecting the area's mix of commuters and rural self-employed residents.