At a Glance
Average Property Price - PE14
£287,664
39
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE14
£35,310
33
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE14
5.0%
89
National percentile
10-Year Annualised Rent Growth - PE
4.2%
68
National percentile
Property Price & Volume Trends
The average property price in PE14 is £288,000, placing it below the national average. Over the past decade, the area has experienced strong price growth of 5.0% annually — well above the national norm and among the fastest-growing postcode districts in the country. Transaction volumes have eased recently, with 272 sales in the latest full year compared to a 10-year average of 356.
Rent & Yield Trends
Average monthly rents in the broader PE postcode area stand at £912, below the national average. Rental growth over ten years has been solid at 4.2% annually, outpacing national trends. The flat yield has improved notably to 6.1%, up from a 10-year average of 5.0%, reflecting the attractive income returns now available in the area.
Income & Affordability Trends
Average net household income is £35,310, modestly below the national median. Purchase affordability has deteriorated: the price-to-income ratio has risen from 6.9x in 2016 to 8.1x today, indicating prices have outpaced earnings growth. Rental affordability has also weakened, with the rent-to-income ratio climbing from 22.5% in 2016 to 24.7% currently.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 and above (23.3% vs 19.6% nationally) and those over 50 representing 46.2% of residents. Housing tenure leans heavily toward outright ownership at 41.7%, well above the national average of 33.7%, while private rented accommodation is comparatively scarce at 17%. The employment profile is distinctly weighted toward trades (14.6%) and plant/machine operation (13.5%), significantly above national averages, reflecting the area's industrial and agricultural base, while professional occupations (10.7%) are notably underrepresented.