At a Glance
Average Property Price - LL21
£228,920
21
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL21
£36,385
40
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL21
2.1%
10
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL21 is £229,000, placing it well below the national average and among the most affordable parts of the UK. Over the past decade, prices have grown at an annualised rate of 2.1%, significantly slower than the national trend. Transaction activity has softened noticeably: the latest year saw 45 sales, down from a 10-year average of 66 per year.
Rent & Yield Trends
Average monthly rents across the broader LL postcode area stand at £721, well below the national average. Rental growth over the past decade has been modest at 3.3% per year, lagging national growth rates. The current flat yield of 5.3% is attractive relative to the 10-year average of 4.5%, reflecting improved returns for landlords in the region.
Income & Affordability Trends
Average household income in LL21 is £36,385, broadly in line with the national median. The price-to-income ratio of 6.1x is reasonable and has actually improved since 2016 (when it stood at 6.4x), indicating stronger affordability for buyers. Rental affordability has also improved: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today.
Resident Demographic Profile
The population is notably older than the national average, with over a quarter aged 65 and above and a quarter in the 50–64 bracket, against respective national figures of 19.6% and 19.8%. The young adult population (16–24) is significantly under-represented at 7.6% versus the national 11.0%. Housing is heavily owner-occupied, with 45% owning outright—well above the national 33.7%—and trades employment is particularly strong at 19.7%, nearly double the national average of 10.5%.