At a Glance
Average Property Price - LL63
£233,633
22
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL63
£34,875
31
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL63
2.8%
23
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL63 is £234,000, placing it below the national average. Over the past decade, prices have grown at 2.8% annually—a pace notably slower than the UK average. Transaction activity has remained stable, with 15 sales in the latest full year matching the 10-year trend.
Rent & Yield Trends
Average monthly rent across the broader LL postcode is £721, well below the national average. Over ten years, rents have grown at 3.3% per year—slower than the UK trend. The flat yield currently stands at 5.3%, a healthy improvement on the 10-year average of 4.5%, signalling stronger rental returns in the current market.
Income & Affordability Trends
Average household income is £34,875, placing the area below the national mid-point. The price-to-income ratio has risen to 6.2x, indicating that property affordability has worsened since 2016 when it stood at 5.5x. Rental affordability has improved noticeably: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today, reflecting a modest easing of rental pressure relative to local earnings.
Resident Demographic Profile
The population skews notably older, with 22.8% aged 65 and over—well above the national 19.6%—and a correspondingly smaller young adult cohort (16–24 at 8.6% versus the national 11.0%). Housing is dominated by outright ownership at 39.9%, significantly higher than the national 33.7%, reflecting an ageing demographic. The employment profile is marked by a much higher proportion of trades workers (17.4% against 10.5% nationally) and a notably stronger caring sector (13.0% versus 9.2%), while professional roles are underrepresented at 13.5% against the national 20.5%.