At a Glance
Average Property Price - LS23
£431,114
72
National percentile
Average Monthly Rent - LS
£1,103
59
National percentile
Average Net Household Income - LS23
£43,436
71
National percentile
Flat / Maisonette Yield - LS
5.7%
56
National percentile
10-Year Annualised Price Growth - LS23
2.7%
20
National percentile
10-Year Annualised Rent Growth - LS
4.3%
75
National percentile
Property Price & Volume Trends
The latest average property price is £431,000, placing it among the most expensive nationally at the 72nd percentile. Over the past decade, prices have grown at 2.7% annually, which is notably slower than the national average. Transaction activity has softened recently, with 120 sales in the latest full year compared to a 10-year average of 163 per year.
Rent & Yield Trends
Average monthly rent stands at £1,103, just above the national median. Rental growth over the past decade has been strong at 4.3% per year, outpacing most regions nationally. The current flat yield of 5.7% exceeds the 10-year average of 5.0%, signalling improving returns for landlords despite the slower price appreciation.
Income & Affordability Trends
Average household income is £43,436, placing the area in the upper third nationally. The price-to-income ratio of 9.5x reflects strong affordability compared to 2016, when it stood at 10.7x. Rental affordability has tightened slightly: the rent-to-income ratio has risen from 29.6% in 2016 to 30.6% today.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 and above compared to 19.6% nationally, and only 7.7% aged 16–24 versus 11.0% nationally. Owner-occupation is exceptionally high at 71.8% of households (outright plus mortgaged), well above the national 60.7%, whilst private rental is half the national average at 12.5%. The employment profile is strongly skewed towards professionals and managers, who together account for 44.0% of the workforce, compared to 33.9% nationally.