At a Glance
Average Property Price - LL53
£279,304
36
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL53
£33,165
20
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL53
2.5%
16
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL53 stands at £279,000, placing it below the national average. Over the past decade, annual price growth has averaged 2.5%, which is well below the national rate and among the slowest-growing postcodes nationally. Transaction activity has softened noticeably, with 166 sales recorded in the latest full year compared to a 10-year average of 231 annually.
Rent & Yield Trends
Average monthly rent across the broader LL postcode area is £721, significantly below the national average. Rental growth over the past decade has averaged 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%, reflecting a strengthening rental return despite the modest rent base.
Income & Affordability Trends
Average net household income is £33,165, placing the area in the bottom quintile nationally. The price-to-income ratio now stands at 10.5x, having risen from 9.7x in 2016, indicating that affordability for home purchase has worsened. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today.
Resident Demographic Profile
The population is notably older than the national average, with over a quarter aged 65 and above (compared to 19.6% nationally) and a particularly elevated share aged 50–64 at 23%. The younger working-age cohorts, particularly those aged 25–34 and 16–24, are underrepresented. Housing tenure is dominated by outright ownership at 46.5%, far above the national figure of 33.7%. The employment profile is heavily skewed towards trades at 21.1%, more than double the national average, while professional-level roles and administrative posts are below the national norm.