At a Glance
Average Property Price - LL74
£322,819
49
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL74
£36,598
41
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL74
5.2%
92
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL74 is £323,000, placing it squarely at the national midpoint. Over the past decade, the area has experienced above-average price growth of 5.2% per year, significantly outperforming the typical UK market. Transaction activity has slowed considerably: only 29 sales were recorded in the latest year, less than half the 10-year average of 60, suggesting a tighter market.
Rent & Yield Trends
Average monthly rent in the broader LL postcode is £721, well below the national norm. Rental growth over ten years has lagged nationally at 3.3% per year. The current flat yield of 5.3% is notably higher than the 10-year average of 4.5%, indicating improved returns for landlords in recent years.
Income & Affordability Trends
Household incomes here average £36,598 per year, slightly below the national median. Affordability for buyers has deteriorated: the price-to-income ratio now stands at 9.1x, up from 7.8x in 2016, making purchase progressively harder. Rental affordability has improved marginally, with the rent-to-income ratio falling from 24.2% in 2016 to 22% today.
Resident Demographic Profile
The area is markedly older than England and Wales as a whole: nearly a third of residents (33.1%) are aged 65 or over, compared to the national average of 19.6%, whilst those aged 25–34 are significantly underrepresented at just 8.2%. Owner-occupation is exceptionally high at 75.8% (outright plus mortgaged), far above the national 60.7%. The employment mix shows a notably strong trades sector at 15.7%, well above the national 10.5%, and elevated caring roles at 10.6% versus 9.2% nationally.