At a Glance
Average Property Price - LU5
£343,629
55
National percentile
Average Monthly Rent - LU
£1,230
65
National percentile
Average Net Household Income - LU5
£42,901
69
National percentile
Flat / Maisonette Yield - LU
6.5%
93
National percentile
10-Year Annualised Price Growth - LU5
5.2%
91
National percentile
10-Year Annualised Rent Growth - LU
4.3%
72
National percentile
Property Price & Volume Trends
The current average price of £344,000 sits slightly above the midpoint of the national market. Over the past decade, prices have grown at an annualised rate of 5.2%, outpacing the vast majority of postcode districts nationally. However, transaction activity has slowed: 588 sales were recorded in the latest year, down from a 10-year average of 705 annually, reflecting softer recent market conditions.
Rent & Yield Trends
Average monthly rents of £1,230 place the area in the upper half of the national rent distribution. Rental growth over the past decade has averaged 4.3% per year, slightly above the national median. The current flat yield of 6.5% is notably above the 10-year average of 5.5%, indicating improving returns for landlords despite tighter transaction volumes.
Income & Affordability Trends
Average household income of £43,000 sits in the upper third nationally. Affordability has shifted: the price-to-income ratio has risen from 6.7x in 2016 to 7.9x today, signalling that property has become less affordable relative to earnings. Rental affordability has also tightened, with rent-to-income rising from 29.6% to 32.9% over the same period.
Resident Demographic Profile
The area has a notably higher proportion of mortgaged homeowners (37% vs 27% nationally) and a correspondingly lower share of outright owners, reflecting a younger, actively purchasing demographic. The working-age population is slightly older than average, with those aged 35–49 overrepresented. The employment mix shows particular strength among trades workers (12.1% vs 10.5% nationally) and plant/machine operators (8.4% vs 6.6%), alongside a below-average proportion of professionals.