At a Glance
Average Property Price - LL28
£270,317
34
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL28
£33,688
23
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL28
3.6%
50
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The latest average property price in LL28 is £270,000, placing it below the national average. Ten-year price growth has averaged 3.6% annually, in line with the national pace. Transaction volumes have moderated recently, with 223 sales in the latest full year compared to a 10-year average of 275, suggesting a softer market in this district.
Rent & Yield Trends
Average monthly rent in the broader LL postcode area stands at £721, well below the national average, reflecting the rural character of the region. Rent growth over the past decade has been subdued at 3.3% annually, below the national trend. The flat yield has improved to 5.3% in the latest year from a 10-year average of 4.5%, indicating strengthening rental returns for investors.
Income & Affordability Trends
Average household income of £34,000 is notably below the national average, consistent with the area's rural and economically quieter profile. Purchase affordability has improved: the price-to-income ratio has fallen from 7.5x in 2016 to 7.3x today, making properties somewhat more accessible relative to local earnings. Rental affordability has also strengthened significantly, with the rent-to-income ratio declining from 24.2% to 22%, reducing the burden of housing costs.
Resident Demographic Profile
The population is notably aged: those 65 and over account for 28% of residents, nearly 8 percentage points above the national average, while younger adults (16–24) are underrepresented at 8% against 11% nationally. Owner occupation is strong, with 42.5% owning outright—well above the national 33.7%—reflecting an older, settled demographic. Employment is more weighted towards trades (13% vs 10.5% nationally) and caring professions (12.9% vs 9.2%), with professional roles somewhat less common at 17.5% against 20.5% nationally.