At a Glance
Average Property Price - LL20
£250,613
28
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL20
£34,407
28
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL20
2.7%
19
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL20 stands at £251,000, placing it below the national average. Over the past decade, prices have grown at an annualised rate of 2.7%, well below the typical pace of growth seen nationally. Transaction activity in the latest year reached 90 sales, notably lower than the 10-year average of 115 per year, suggesting a cooler market relative to its own historical levels.
Rent & Yield Trends
Rents in the broader LL postcode area average £721 per month, significantly below the national average. Ten-year rental growth stands at 3.3% annually, below the typical national pace. The flat yield has improved markedly to 5.3%, well above its 10-year average of 4.5%, reflecting stronger rental income relative to property values in the current market.
Income & Affordability Trends
Average household income in LL20 is £34,407, below the national average. The price-to-income ratio remains stable at 6.8x compared to 2016, indicating that affordability relative to local incomes has not shifted over the period. Rental affordability has improved notably: the rent-to-income ratio has fallen from 24.2% to 22%, meaning renters spend a smaller share of income on housing than they did eight years ago.
Resident Demographic Profile
LL20 has a significantly older population profile than the national average, with over a quarter aged 65 and above (compared to 20% nationally) and a notably elevated 50–64 age group at 23%. The youngest working-age cohorts are markedly underrepresented: those aged 16–24 represent just 8% versus 11% nationally. Owner-occupation is particularly strong at 64% of households, well above the national average of 61%, whilst private rental is notably lower at 15%. The workforce skews notably towards trades (15.4%) and caring professions (11.6%), both above national norms, whilst professional employment is below average.