At a Glance
Average Property Price - PE10
£278,294
36
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE10
£41,875
65
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE10
3.5%
49
National percentile
10-Year Annualised Rent Growth - PE
4.2%
68
National percentile
Property Price & Volume Trends
The latest average property price in PE10 is £278,000, placing it below the national average. Over the past decade, prices have grown at 3.5% annually, in line with the national pace. Transaction activity has softened recently, with 422 sales recorded in the latest full year against a 10-year average of 542 per year.
Rent & Yield Trends
Average monthly rent in the wider PE postcode area is £912, which is below the national average. Rental growth over the past decade has been notably strong at 4.2% annually, outpacing national trends. The flat yield currently stands at 6.1%, a meaningful improvement on the 10-year average of 5.0%, reflecting the combination of steady rents and more modest capital values.
Income & Affordability Trends
Average net household income of £41,875 is above the national average, placing the area in the upper half nationally. The price-to-income ratio stands at 6.6x, unchanged since 2016, indicating that affordability has held steady rather than improved. Rental affordability has tightened: the rent-to-income ratio has risen from 22.5% in 2016 to 24.7% today, signalling that rental costs are now claiming a larger share of household income.
Resident Demographic Profile
The population skews notably older, with over-65s representing 23% of residents compared to a national average of 19.6%, while young adults aged 16–24 are underrepresented at 8.3% against 11.0% nationally. Owner occupation is strong: 38.6% own outright (well above the 33.7% national average) and a further 34.1% own with a mortgage, reflecting a predominantly established residential base. The employment mix is slightly weighted towards managers and caring professions, with fewer residents in elementary and plant-operating roles than the national average.