At a Glance
Average Property Price - LL19
£212,265
16
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL19
£33,178
20
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL19
4.1%
70
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The latest average property price in LL19 is £212,000, placing it well below the national average and among the most affordable postcode districts in the UK. Over the past decade, prices have grown at 4.1% annually—a pace broadly in line with national trends. Transaction activity has softened somewhat, with 312 sales in the latest full year compared to an average of 351 over the preceding decade.
Rent & Yield Trends
Average monthly rent in the broader LL postcode is £721, significantly below the national average and among the cheapest rental markets in the UK. Rents have grown at 3.3% annually over ten years, well below the pace of national rental growth. The flat yield currently stands at 5.3%, notably above its ten-year average of 4.5%, indicating improving returns for rental investors in recent market conditions.
Income & Affordability Trends
Average net household income is £33,178, substantially below the national average and among the lowest nationally. The current price-to-income ratio of 5.9x suggests reasonable purchase affordability, though it has edged slightly upward since 2016 (5.8x), indicating marginally tighter conditions. Rental affordability has improved meaningfully: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today, making rental occupation more manageable for local households.
Resident Demographic Profile
The population skews notably towards older age groups: over a quarter (27.7%) are aged 65 and above, well above the national average of 19.6%, while those aged 16–24 are significantly underrepresented at 8.6% compared to 11.0% nationally. Housing tenure shows strong owner-occupation, with 43% owning outright—far above the national 33.7%—and correspondingly low social rented provision at 10% versus 16.5% nationally. Employment is characterised by an unusually high proportion in caring roles (13.2% against 9.2% nationally) and skilled trades (12.1% versus 10.5%), while professional employment is below average at 16.3% compared to 20.5% nationally.