At a Glance
Average Property Price - LN11
£257,331
30
National percentile
Average Monthly Rent - LN
£789
19
National percentile
Average Net Household Income - LN11
£34,435
28
National percentile
Flat / Maisonette Yield - LN
5.6%
47
National percentile
10-Year Annualised Price Growth - LN11
4.0%
65
National percentile
10-Year Annualised Rent Growth - LN
4.2%
64
National percentile
Property Price & Volume Trends
The average property price in LN11 is £257,000, placing it below the national average. Over the past decade, prices have grown at 4.0% per year—broadly in line with national growth trends. Transaction activity has declined, with 413 sales in the latest year compared to a 10-year average of 543 per year.
Rent & Yield Trends
Average monthly rents stand at £789, well below the national average. Rents have grown at 4.2% annually over ten years, slightly ahead of the national pace. Flat yield has risen to 5.6% in the latest year from a 10-year average of 4.6%, reflecting a strengthening rental market relative to property values.
Income & Affordability Trends
Average household income is £34,435, below the national average. The price-to-income ratio of 7.7x has worsened since 2016 (6.5x), indicating purchase affordability has tightened. Rental affordability has improved slightly; the rent-to-income ratio has fallen from 23.3% in 2016 to 22.7% today.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 and above, and those aged 50–64 representing nearly a quarter of residents. Conversely, younger adults aged 16–24 are significantly underrepresented. Housing is dominated by outright ownership at 43.2%—well above the national average of 33.7%—reflecting the area's appeal to retirees. The employment mix shows above-average representation in trades and caring roles, while professional occupations are underrepresented.