At a Glance
Average Property Price - LL31
£257,218
30
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL31
£35,970
37
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL31
3.9%
62
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL31 is £257,000, placing it well below the national average. Over the past decade, prices have grown at 3.9% annually—a moderate pace that sits slightly above the national median. Transaction activity has eased recently, with 153 sales in the latest full year against a 10-year average of 195, suggesting a quieter market.
Rent & Yield Trends
Monthly rents in the broader LL postcode area average £721, placing them among the lowest nationally. Rental growth over ten years has been modest at 3.3% per annum, also below the national trend. Flat yields currently stand at 5.3%, up from a 10-year average of 4.5%, indicating improving returns for buy-to-let investors in this area.
Income & Affordability Trends
Average household income in LL31 is £35,970, modestly below the national average. The price-to-income ratio of 7.4x represents a slight improvement from 7.8x in 2016, suggesting property has become somewhat more affordable relative to earnings. Rental affordability has also improved, with the rent-to-income ratio falling from 24.2% to 22%, easing the burden on renters.
Resident Demographic Profile
LL31 has a markedly older population profile: nearly 29% are aged 65 and over, almost a third above the national share, while only 7.5% fall into the 16–24 age band, well below the typical 11%. Outright home ownership is notably high at 48%, reflecting both the age structure and the settled nature of the community. The employment mix leans towards caring roles at nearly 13%, above the national average, while technical and trade occupations are also moderately represented.