At a Glance
Average Property Price - LL77
£227,304
20
National percentile
Average Monthly Rent - LL
£721
12
National percentile
Average Net Household Income - LL77
£36,082
38
National percentile
Flat / Maisonette Yield - LL
5.3%
30
National percentile
10-Year Annualised Price Growth - LL77
3.2%
36
National percentile
10-Year Annualised Rent Growth - LL
3.3%
17
National percentile
Property Price & Volume Trends
The average property price in LL77 is £227,304, placing it well below the national average—among the cheapest quartile of UK postcodes. Over the past decade, prices have grown at 3.2% annually, which is below the national rate and reflects slower appreciation than most areas. Transaction volumes have been slightly down, with 81 sales in the latest year compared to a 10-year average of 89 per year.
Rent & Yield Trends
Rental costs in the broader LL postcode area average £721 per month, significantly below the national average and among the most affordable in the UK. Rent growth over the past decade has been modest at 3.3% annually, below the national pace. The flat yield currently stands at 5.3%, a notable improvement from the 10-year average of 4.5%, indicating strengthening returns for buy-to-let investors.
Income & Affordability Trends
Average net household income in LL77 is £36,082, below the national average and in the lower-middle range nationally. The price-to-income ratio of 6.1x has improved from 6.5x in 2016, suggesting properties have become somewhat more affordable relative to earnings. Rental affordability has also improved, with the rent-to-income ratio falling from 24.2% to 22% over the same period.
Resident Demographic Profile
The population is notably older than average, with over-65s comprising 23.5% compared to the national figure of 19.6%, whilst the 16–24 age group is underrepresented at 8.8% against 11.0% nationally. Housing tenure shows higher rates of outright ownership at 39.2% and social renting at 23%, alongside lower private rental at 12.7%. The employment profile is distinctive for a strong representation in trades (14.3%) and caring professions (13.6%), well above national averages, reflecting the area's rural and aging demographic character.