At a Glance
Average Property Price - LL64
£567,221
87
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL64
£34,883
31
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL64
6.2%
97
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The latest average property price in LL64 is £567,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 6.2% annually — significantly faster than the UK average, ranking among the strongest performers nationally. Transaction activity has been subdued recently, with 19 sales in the latest year compared to a 10-year annual average of 23.
Rent & Yield Trends
The average monthly rent in the broader LL area is £721, well below the national average. Rental growth over the past decade has been modest at 3.3% annually, also below the UK average. The flat yield currently stands at 5.3%, up from a 10-year average of 4.5%, suggesting an improving return environment for landlords.
Income & Affordability Trends
Average net household income is £34,883, notably below the national average. The price-to-income ratio has deteriorated substantially, rising from 12.0x in 2016 to 19.0x today, signalling that properties have become significantly less affordable relative to local earnings. Rental affordability has improved slightly, with the rent-to-income ratio falling from 24.2% in 2016 to 22% currently.
Resident Demographic Profile
The population skews notably older, with over a fifth aged 65 and above compared to the national average of 19.6%, whilst the 16–24 age group is markedly underrepresented at 8.6%. Outright ownership is significantly higher than the national norm at 39.8%, reflecting a mature, settled demographic. The employment profile is distinctive for a high proportion in skilled trades (17.3%) and caring professions (13.1%), with notably fewer professionals (13.5%) than the national average.