At a Glance
Average Property Price - PE11
£242,952
26
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE11
£34,638
29
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE11
3.9%
63
National percentile
10-Year Annualised Rent Growth - PE
4.2%
68
National percentile
Property Price & Volume Trends
Homes in PE11 are below the national average, with a latest price of £243,000. Price growth has been moderate over the past decade, with annual gains of 3.9% — slightly above the national average. Transaction activity has fallen from its 10-year average of 783 sales per year to 645 in the latest period, suggesting a moderating market.
Rent & Yield Trends
Average monthly rents of £912 are below the national average, reflecting the area's lower property values. Rent growth has been solid at 4.2% annually over the past decade, outpacing the national pace. Yields have strengthened markedly: the flat yield currently stands at 6.1%, well above the 10-year average of 5.0%, making the rental market increasingly attractive to investors.
Income & Affordability Trends
Average household income is £34,638, notably below the national average. Purchase affordability has weakened: the price-to-income ratio has risen from 6.3x in 2016 to 6.9x today, reflecting prices growing faster than local earnings. Rental affordability has also deteriorated, with the rent-to-income ratio climbing from 22.5% in 2016 to 24.7%, putting greater pressure on renters' budgets.
Resident Demographic Profile
The population is notably older than the national average, with 21.2% aged 65 or over compared to 19.6% nationally, while the 16–24 age group is underrepresented at 8.9%. Housing tenure shows stronger ownership: 36.8% own outright and 29.8% own with a mortgage, well above national norms. The employment profile is distinctive, with heavy representation in trades (12.3%) and plant/machine operation (17.7%), and notably elevated elementary occupations (16.3%), reflecting the area's industrial and agricultural character. Professional occupations are underrepresented at 10.7%.