At a Glance
Average Property Price - LL66
£72,000
0
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL66
£34,543
29
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL66
-7.7%
0
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The latest average property price stands at £72,000, among the cheapest anywhere in the UK. Over the past decade, prices have fallen by 7.7% annually on average—a far sharper decline than the national trend. Transaction activity has been sparse; just one sale was recorded in the latest full year, compared with an average of three annually over the previous ten years.
Rent & Yield Trends
Average monthly rent in the wider LL postcode area is £721, well below the national average. Rental growth has been modest at 3.3% per year over ten years, lagging the national pace. The flat yield currently stands at 5.3%, notably higher than the ten-year average of 4.5%, reflecting the improving relative return to investors despite modest underlying rental growth.
Income & Affordability Trends
Average household income of £34,543 sits significantly below the national average. The price-to-income ratio of 13.6x represents a deterioration from 12.2x in 2016, indicating that relative purchase affordability has worsened. Rental affordability, by contrast, has improved: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today.
Resident Demographic Profile
The population is notably older, with over a quarter aged 65 and above—far exceeding the national average of 19.6%—while those aged 16–24 are significantly underrepresented at just 7.9%. Housing tenure is heavily skewed towards outright ownership at 48.9%, nearly 50% above the national norm. The employment mix is distinctive for a very high proportion in trades at 18.4% and caring occupations at 14%, while professional roles at 14.5% are notably below the national average of 20.5%.