At a Glance
Average Property Price - PE29
£309,387
45
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE29
£45,280
77
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE29
4.3%
76
National percentile
10-Year Annualised Rent Growth - PE
4.2%
68
National percentile
Property Price & Volume Trends
The average property price of £309,000 sits close to the national midpoint, reflecting moderate market positioning across England. Over the past decade, prices have grown at 4.3% annually—notably faster than the national average, placing it among stronger-performing regions. However, transaction activity has softened; last year saw 400 sales against a ten-year average of 518, indicating reduced market turnover.
Rent & Yield Trends
Monthly rents average £912 across the broader PE postcode area, below the national average and reflecting more affordable rental conditions. Rental growth at 4.2% annually is above the national pace, suggesting steady demand for lettings. The flat yield of 6.1% remains elevated compared to its own ten-year average of 5.0%, signalling strengthening returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £45,280 sits comfortably above the national median, placing the area in the stronger income quartile nationally. The price-to-income ratio of 6.8x has widened since 2016 (when it stood at 5.7x), meaning property has become less affordable relative to earnings despite rising incomes. Rental affordability has similarly deteriorated; the rent-to-income ratio has risen from 22.5% to 24.7%, consuming a noticeably larger share of household budget.
Resident Demographic Profile
The population skews notably towards middle age and established families, with 35–49 year-olds representing 22.5% against the national average of 18.7%, and young adults (16–24) underrepresented at 9.3%. Housing tenure reflects strong mortgage activity at 29.5%, well above the national norm, alongside elevated private renting at 26.9%—together suggesting a younger, more mobile demographic than outright ownership rates (25.1%) might imply. The employment profile is distinctly white-collar, with professionals at 22.4% and technical roles at 14.1% both above national averages, while trades remain notably underrepresented at 7.6%.