At a Glance
Average Property Price - LL68
£225,239
20
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL68
£33,903
24
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL68
3.5%
48
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The latest average property price in LL68 is £225,000, placing it well below the national average. Over the past decade, the area has experienced annual price growth of 3.5%, which is close to the national pace. Transaction volumes have slowed noticeably: 58 sales in the latest full year against a 10-year average of 85, reflecting reduced market activity.
Rent & Yield Trends
Average monthly rents in the broader LL postcode area stand at £721, significantly below the national average. Rental growth over ten years has been relatively muted at 3.3% annually, below the national trend. The flat yield has improved markedly, reaching 5.3% in the latest year compared to a 10-year average of 4.5%, indicating that rents have become more competitive relative to property values.
Income & Affordability Trends
Average net household income is £33,900, below the national average. The price-to-income ratio has worsened since 2016, rising from 6.5x to 7.4x, making property ownership more challenging relative to local earnings. Rental affordability has improved significantly, with the rent-to-income ratio falling from 24.2% to 22% over the same period.
Resident Demographic Profile
The population skews notably older, with over a quarter aged 65 and above compared to the national figure of 19.6%, whilst those aged 16–24 are underrepresented at 8.2% against 11.0% nationally. Outright home ownership is exceptionally high at 47.3% versus 33.7% nationally, reflecting an ageing demographic holding properties debt-free. The employment profile is distinctive, with a much higher proportion in trades (18.7% versus 10.5% nationally) and caring roles (14.8% against 9.2% nationally), whilst professional and managerial roles are notably underrepresented.