At a Glance
Average Property Price - LL42
£231,079
21
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL42
£32,367
16
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL42
5.2%
91
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL42 stands at £231,000, well below the national average and among the cheapest in the UK. However, the area has delivered annualised price growth of 5.2% over the past decade—substantially faster than most UK regions. Transaction volume has slowed recently, with 35 sales in the latest year against a 10-year average of 50 per annum.
Rent & Yield Trends
Average monthly rent in the LL postcode area is £721, significantly below the national median and among the lowest in the country. Rental growth has been subdued at 3.3% per year over the past decade, well below the UK average. The flat yield currently stands at 5.3%, a notable improvement from the 10-year average of 4.5%, reflecting stronger rental income relative to property values.
Income & Affordability Trends
Average household income is £32,367, substantially below the national average and among the lowest regionally. The price-to-income ratio of 9.4x indicates affordability has deteriorated significantly since 2016, when it stood at 7.3x, suggesting properties have become less accessible relative to local earnings. By contrast, rental affordability has improved: the rent-to-income ratio has fallen from 24.2% to 22%, meaning rent now takes up a smaller proportion of household income.
Resident Demographic Profile
LL42 has a notably ageing population: over-65s comprise 27.5% of residents, well above the national average of 19.6%, whilst under-15s are underrepresented at 15.1%. The area is characterised by high home ownership, with 46.9% owning properties outright—significantly above the national average of 33.7%—and correspondingly lower mortgage ownership at 17.5%. Employment is weighted towards trades (16.7%, compared to 10.5% nationally) and caring professions (16.6%, compared to 9.2% nationally), reflecting the area's demographics and rural character, whilst professional-level employment at 13.2% falls below the national average.