At a Glance
Average Property Price - LL29
£224,191
19
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL29
£33,650
23
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL29
4.1%
68
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL29 is £224,000, placing it well below the national average. Over the past decade, prices have grown at 4.1% annually, which is slightly above the national trend. Transaction volumes have declined recently, with 270 sales in the latest full year compared to a 10-year average of 333, suggesting a softening market.
Rent & Yield Trends
Average monthly rents stand at £721, significantly below the national average. Rental growth over the past decade has been modest at 3.3% annually, well below the national pace. The flat yield has improved to 5.3% from a 10-year average of 4.5%, reflecting stronger returns for landlords in the current market.
Income & Affordability Trends
Household incomes average £33,650, placing the area below the national average. The price-to-income ratio stands at 6.5x, unchanged since 2016, indicating that affordability has remained stable relative to local earnings. Rental affordability has improved markedly: the rent-to-income ratio has fallen from 24.2% to 22%, making renting a less demanding share of household budgets.
Resident Demographic Profile
The population skews notably older than the national average, with over-65s accounting for 22.3% compared to 19.6% nationally, and a particularly strong 50–64 age group at 21.6%. The working-age population is correspondingly lower, especially in the 16–24 bracket at 9.5% against 11.0% nationally. Housing is dominated by outright ownership at 35.6%, and the employment profile is distinctive for its higher proportion of caring roles at 13.9% against 9.2% nationally, reflecting the area's appeal to an older demographic.