At a Glance
Average Property Price - LL39
£156,250
3
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL39
£30,580
9
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL39
-2.5%
1
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL39 is £156,250, placing it among the cheapest in the UK nationally. Over the past decade, prices have declined at an annualised rate of 2.5%, making it among the slowest-growing postcodes in Britain. Transaction activity remains thin, with just 4 sales recorded in the latest full year—consistent with its 10-year average, reflecting the limited market depth typical of rural areas.
Rent & Yield Trends
Monthly rents in the broader LL postcode area average £721, well below the national average. Rental growth over the past decade has been modest at 3.3% annually, also lagging the national pace. The flat yield currently stands at 5.3%, a notable improvement from the 10-year average of 4.5%, suggesting a modest strengthening of returns for buy-to-let investors in recent times.
Income & Affordability Trends
Average household income in LL39 is £30,580, significantly below the national average and among the lowest income areas in the UK. The price-to-income ratio stands at 9.8x, higher than in 2016 (9.0x), indicating that affordability for buyers has worsened despite modest price declines. Rental affordability has improved: the rent-to-income ratio is now 22%, down from 24.2% in 2016, meaning renters face somewhat less pressure relative to earnings.
Resident Demographic Profile
The population is notably older: those aged 65 and over account for 34.6%, far exceeding the national average of 19.6%, while under-15s represent only 12.3% against the national 17.5%. The housing tenure mix is heavily skewed towards outright ownership at 54.1%, more than half again the national average of 33.7%, with correspondingly low mortgage and rented proportions. Employment is dominated by trades workers (18.6%) and caring professions (14.6%), both well above national levels, reflecting the rural character and an ageing population with associated care needs.