At a Glance
Average Property Price - LL18
£202,068
13
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL18
£30,832
10
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL18
4.3%
74
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL18 is £202,000, placing it among the cheapest 13% of postcode districts nationally. Despite this low valuation, the area has experienced solid price growth of 4.3% per year over the past decade — above the national average and among the faster-growing markets. Transaction activity has moderated recently; 493 sales occurred in the latest full year, down from a 10-year average of 617 annually.
Rent & Yield Trends
Average monthly rent across the broader LL postcode is £721, putting it in the cheapest 12% nationally. Rental growth has lagged behind the UK average at 3.3% per year over ten years. The flat yield currently stands at 5.3%, a notable improvement on the 10-year average of 4.5%, reflecting stronger returns for buy-to-let investors in recent times.
Income & Affordability Trends
Average net household income of £30,832 is among the lowest 10% nationally, significantly constraining purchasing power. The price-to-income ratio of 6.1x has deteriorated slightly since 2016 (5.9x), indicating marginally reduced purchase affordability despite low absolute prices. Rental affordability has improved measurably: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today, easing the burden on renters.
Resident Demographic Profile
The population skews notably older than the national average; those aged 65 and over represent 22.6% of residents, compared with 19.6% nationally, while the 16–24 age group is underrepresented at 9.7% against 11.0%. Employment is tilted towards caring professions (15.1% versus 9.2% nationally) and trades (12.1% versus 10.5%), while professional-level employment is significantly below average at 12.8% against 20.5% nationally. Housing tenure shows a slightly elevated private rental share at 25% compared to 21.7% nationally, reflecting seasonal and retirement migration patterns.