Property trends for LL46

The average property price in LL46 is £223,000, placing it below the national average. Over the past decade, prices have grown at 2.7% annually—among the slowest-growing areas nationally. Transaction activity has dipped slightly, with 38 sales in the latest year compared to a 10-year average of 43 per year.

Average monthly rent in the broader LL postcode area stands at £721, well below the national average. Rental growth has averaged 3.3% annually over ten years, which is below the national pace. The flat yield has improved notably to 5.3%, up from a 10-year average of 4.5%, reflecting stronger rental returns relative to purchase price.

Average household income is £32,959, below the national average. The price-to-income ratio of 5.6x represents a significant improvement from 7.0x in 2016, indicating that property has become considerably more affordable relative to local earnings. Rental affordability has also improved: the rent-to-income ratio has fallen from 24.2% to 22%, easing pressure on tenant finances.

The population skews notably older, with nearly one-third aged 65 and over—more than 50% above the national average—while the 16–24 age group is markedly underrepresented. Owner-occupation is exceptionally high at 55% outright ownership, nearly 65% above the national figure, reflecting an established, settled community with limited rental demand. The employment profile is heavily weighted towards trades (19%), caring roles (14%), and management, with professional roles comparatively scarce.