At a Glance
Average Property Price - OL14
£219,667
18
National percentile
Average Monthly Rent - OL
£846
26
National percentile
Average Net Household Income - OL14
£34,585
29
National percentile
Flat / Maisonette Yield - OL
5.9%
68
National percentile
10-Year Annualised Price Growth - OL14
5.1%
90
National percentile
10-Year Annualised Rent Growth - OL
5.3%
95
National percentile
Property Price & Volume Trends
The average property price in OL14 is £220,000, placing it among the cheaper areas nationally. Over the past decade, the area has experienced strong annualised price growth of 5.1%, which ranks among the fastest growth rates across the UK. However, transaction activity has slowed recently, with 218 sales in the latest full year against a 10-year average of 268, suggesting a modest contraction in market momentum.
Rent & Yield Trends
Average monthly rent in the broader OL postcode area stands at £846, below the national median. Rental growth has been robust at 5.3% annualised over ten years, among the strongest nationally. The flat yield currently stands at 5.9%, above the 10-year average of 5.0%, indicating improving returns for landlords in recent times.
Income & Affordability Trends
Average net household income is £34,585, materially below the national average. The price-to-income ratio of 6.0x has remained flat since 2016, meaning property affordability has neither improved nor worsened relative to local incomes over the past eight years. Rental affordability has deteriorated, with the rent-to-income ratio rising from 23.4% to 25.3%, suggesting rents have grown faster than wages locally.
Resident Demographic Profile
The population is notably older than average, with over-50s representing 42.3% against a national figure of 39.4%, and those aged 65+ comprising 20.1% compared to 19.6% nationally. The young adult cohort (16–24) is markedly underrepresented at 8.5% versus 11.0% nationally. The workforce skews towards technical roles (14.6% vs 13.2% nationally) and trades (12.4% vs 10.5%), while managerial positions are less common at 11.3% against 13.4% nationally.