At a Glance
Average Property Price - LL57
£202,038
13
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL57
£35,785
36
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL57
2.7%
19
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL57 is £202,000, placing it well below the national average—among the least expensive postcode districts in the UK. Over the past decade, prices have grown at 2.7% annually, significantly slower than the national trend. Transaction activity has declined noticeably, with 215 sales in the latest year compared to a 10-year average of 290, suggesting a softening in market momentum.
Rent & Yield Trends
Average monthly rent in the broader LL area stands at £721, substantially below the national average. Rental growth has averaged 3.3% per year over the past decade, well below the national pace of increase. The flat yield has recently reached 5.3%, a notable improvement on the 10-year average of 4.5%, indicating strengthening returns for buy-to-let investors in the area.
Income & Affordability Trends
Average household income in LL57 is £35,785, below the national median. The price-to-income ratio stands at 5.5x, having improved marginally from 5.6x in 2016, suggesting modest gains in purchase affordability. Rental affordability has improved considerably; the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today, easing the burden on renters.
Resident Demographic Profile
The population skews markedly younger than the national average, with 25.2% aged 16–24 (against the national 11.0%), likely reflecting the presence of an educational institution or student population. Conversely, those under 15 and over 65 are less represented than nationally. Housing tenure shows notably higher private renting (23.7% versus 21.7% nationally) and social renting (22.1% versus 16.5% nationally), whilst outright ownership is slightly lower. Employment is distinctive for a higher proportion in caring roles (12.7% against 9.2% nationally) and trades (11.8% versus 10.5%), with fewer in managerial positions (8.0% versus 13.4%).