At a Glance
Average Property Price - LL24
£214,188
16
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL24
£35,579
35
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL24
1.8%
7
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price of £214,000 sits well below the national average, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 1.8% annually — significantly slower than the UK norm, reflecting the quieter nature of this rural market. Transaction activity has remained fairly steady, with 30 sales in the latest year compared to a ten-year average of 31 per year.
Rent & Yield Trends
Monthly rents average £721 across the broader LL postcode area, substantially below the national typical level. Rental growth has been modest at 3.3% per year, slightly slower than the UK average. The flat yield currently stands at 5.3%, up from a ten-year average of 4.5%, indicating a welcome improvement in returns for landlords in recent times.
Income & Affordability Trends
Average household income of £36,000 is below the national median, reflecting the area's rural character. The price-to-income ratio of 8.2x has drifted upward since 2016 (when it stood at 7.6x), suggesting affordability for purchase has modestly declined. Rental affordability has improved noticeably: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today, easing the burden on tenants.
Resident Demographic Profile
The population skews notably older than average, with those aged 50–64 and 65+ together making up nearly half the resident base, compared to less than 40% nationally. Outright home ownership is particularly strong at 45%, well above the national average of 34%, reflecting an established owner-occupier base. The employment profile is dominated by trades workers at 21% — roughly double the national share — alongside above-average representation in caring professions at 12%, typical of rural communities with strong agricultural and service sectors.