At a Glance
Average Property Price - LL15
£279,858
36
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL15
£37,388
46
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL15
3.9%
61
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL15 stands at £280,000, placing it below the national midpoint. Over the past decade, prices have grown at 3.9% annually—a solid but moderate pace, tracking close to the national median. Transaction activity has softened recently, with 99 sales recorded in the latest full year against a 10-year average of 135, suggesting a less active market than its recent history.
Rent & Yield Trends
Average monthly rent across the LL postcode area is £721, well below national norms and reflecting the rural and regional character of the area. Rent growth has averaged 3.3% annually over a decade—below the national pace. The flat yield currently stands at 5.3%, notably higher than its 10-year average of 4.5%, indicating improved returns for landlords in recent times.
Income & Affordability Trends
Net household income averages £37,388, tracking close to the national figure. Purchase affordability has improved markedly: the price-to-income ratio has fallen from 7.3x in 2016 to 6.7x today, suggesting properties are now more accessible relative to local earnings. Rental affordability has also strengthened considerably, with the rent-to-income ratio declining from 24.2% to 22%, easing pressure on tenants.
Resident Demographic Profile
The population skews notably older, with over a quarter aged 65 and above—well above the national average of 19.6%—and those aged 50–64 also overrepresented at 22.6%. Conversely, younger cohorts are notably underrepresented; the 16–24 and 25–34 age groups are both significantly below national proportions. Outright home ownership is pronounced at 43.4%, substantially above the national average of 33.7%, reflecting an established, long-settled community. The skilled trades are unusually prominent, comprising 14.4% of the workforce compared to a national 10.5%, while sales roles are markedly underrepresented at 5.7%.