At a Glance
Average Property Price - LL14
£198,529
12
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL14
£33,119
20
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL14
3.7%
53
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The latest average property price in LL14 is £199,000, placing it well below the national average — among the cheapest nationally. Over the past decade, prices have grown at 3.7% annually, broadly in line with the national trend. Transaction volume has softened recently, with 298 sales recorded in the latest full year against a 10-year average of 355.
Rent & Yield Trends
Average monthly rent in the broader LL postcode area stands at £721, significantly below the national average. Rental growth over the past decade has been modest at 3.3% annually, well below the national pace. The current flat yield of 5.3% is notably above its 10-year average of 4.5%, reflecting improved returns for buy-to-let investors in recent years.
Income & Affordability Trends
Average net household income in LL14 is £33,119, well below the national average. The price-to-income ratio of 5.5x has deteriorated slightly since 2016 (when it stood at 5.2x), indicating that property prices have outpaced wage growth over that period. Rental affordability, by contrast, has improved: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today, suggesting rental costs have become more manageable relative to earnings.
Resident Demographic Profile
The population skews older than average, with those aged 50–64 representing 21.4% (above the national average of 19.8%) and over-65s at 20.7% (above 19.6%). The proportion aged 16–24 is notably lower than the national average at 9.6%. The area has a higher share of social rented housing at 23.6% compared to the national average of 16.5%, while private rented accommodation is significantly underrepresented at 14.3% against 21.7% nationally. Employment is skewed towards trades and caring roles, with trades at 13.3% (vs 10.5% nationally) and caring professions at 12.3% (vs 9.2% nationally); professional employment is correspondingly lower at 14.4% against the national 20.5%.