At a Glance
Average Property Price - LL37
£208,800
15
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL37
£30,536
9
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL37
-0.4%
2
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL37 is £209,000, placing it among the cheapest nationally. Over the past decade, prices have remained essentially flat, with an annualised decline of 0.4%—among the slowest growth rates across the UK. Transaction activity has slowed considerably, with only 6 sales in the latest full year compared to an average of 13 annually over the previous ten years, reflecting the thinly traded nature of this rural market.
Rent & Yield Trends
Average monthly rent across the broader LL postcode area stands at £721, well below the national average. Rental growth over the past decade has been modest at 3.3% annually, below the typical pace seen nationally. The flat yield has improved to 5.3%, up from a ten-year average of 4.5%, indicating that rental income has become proportionally more attractive relative to property prices in recent times.
Income & Affordability Trends
Average net household income in the area is £30,536, significantly below the national average and among the lowest nationally. Affordability for purchase has deteriorated: the price-to-income ratio now stands at 9.7x, up from 7.5x in 2016, making homes less affordable relative to local earning power. Rental affordability has conversely improved, with the rent-to-income ratio falling from 24.2% to 22%, suggesting rents have not kept pace with any income growth.
Resident Demographic Profile
The population is notably older than average, with nearly 35% aged 65 and over compared to a national figure of 19.6%, and those aged 50–64 at 24.4% versus 19.8% nationally. The very young and working-age populations are underrepresented: under-15s account for just 12.2% (against 17.5% nationally) and 16–24-year-olds only 6.8% (against 11%). Housing tenure is dominated by outright ownership at 54.2%, nearly 1.6 times the national rate, while mortgage ownership is correspondingly low at 15.4%. The employment profile is shaped by a strong trades workforce at 18.7% and elevated caring roles at 14.6%, likely reflecting both the rural setting and the older age structure of the community.