At a Glance
Average Property Price - LE65
£346,024
55
National percentile
Average Monthly Rent - LE
£961
45
National percentile
Average Net Household Income - LE65
£48,360
85
National percentile
Flat / Maisonette Yield - LE
6.3%
91
National percentile
10-Year Annualised Price Growth - LE65
3.2%
34
National percentile
10-Year Annualised Rent Growth - LE
4.9%
93
National percentile
Property Price & Volume Trends
The average property price in LE65 is £346,000, close to the national midpoint. Over the past decade, prices have grown at 3.2% annually—a pace slower than the national average. Transaction activity has slowed notably, with 236 sales in the latest year compared to an annual average of 331 over the preceding ten years.
Rent & Yield Trends
The average monthly rent in the LE postcode area is £961, slightly below the national median. Rental growth has been notably strong at 4.9% annually over ten years, among the fastest growth rates nationally. The flat yield has expanded to 6.3%, significantly above its ten-year average of 4.9%, indicating improved returns for landlords.
Income & Affordability Trends
Average household income in LE65 is £48,360, well above the national average. The price-to-income ratio stands at 7.3x, an improvement from 7.6x in 2016, suggesting modestly better purchase affordability over the period. The rent-to-income ratio is 24.1%, slightly improved from 24.3% in 2016, indicating stable rental affordability.
Resident Demographic Profile
The population skews towards middle and older age groups: those aged 35–49 and over 65 are both notably above national norms, while young adults aged 16–24 are underrepresented. Owner-occupation is strong—with 35.3% owning outright and 34.8% with mortgages—leaving a smaller private rental sector at 14.5%. Professionally qualified residents are prominent at 23.5%, well above the national average, with managers and technical workers also overrepresented; by contrast, trades and elementary roles are less common.