At a Glance
Average Property Price - LL32
£296,936
41
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL32
£36,019
37
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL32
4.1%
69
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL32 stands at £297,000, below the national average. Over the past decade, prices have grown at an annualised rate of 4.1%, which represents above-average growth for the UK. Transaction activity last year was 92 sales, down from a 10-year average of 112 per annum, suggesting softer recent market momentum.
Rent & Yield Trends
Average monthly rent in the broader LL postcode area is £721, well below the national average. Over ten years, rents have grown at 3.3% annually, also below the national pace. The flat yield currently stands at 5.3%, notably above its 10-year average of 4.5%, indicating strengthening rental returns despite modest capital growth.
Income & Affordability Trends
Average net household income is £36,019, slightly below the national median. The price-to-income ratio of 7.6x shows meaningful improvement since 2016, when it stood at 8.9x, reflecting greater affordability relative to local earnings. Rental affordability has also improved: the rent-to-income ratio has fallen from 24.2% to 22%, easing the burden on renters.
Resident Demographic Profile
LL32 has an notably older population profile, with 27.1% aged 65 or over—well above the 19.6% national average—and only 8.3% aged 16–24, below the national 11.0%. Housing tenure is dominated by outright ownership at 46.3%, significantly higher than the 33.7% national average, reflecting its appeal to retirees and long-settled residents. Employment is skewed towards trades at 13.6% (above the 10.5% national norm) and caring roles at 11.1%, while the professional workforce at 18.8% is slightly below the national 20.5%.