At a Glance
Average Property Price - PE3
£267,536
33
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE3
£41,965
66
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE3
3.9%
61
National percentile
10-Year Annualised Rent Growth - PE
4.2%
68
National percentile
Property Price & Volume Trends
The average property price in PE3 is £268,000, placing it below the national average. Over the past decade, prices have grown at 3.9% annually—slightly above the national median pace. Transaction activity has slowed notably, with 215 sales recorded in the latest year against a 10-year average of 302, suggesting a tightening market.
Rent & Yield Trends
The average monthly rent across PE3 is £912, below the national average. Rental growth over the past decade has been robust at 4.2% per year, outpacing the national trend. The flat yield currently stands at 6.1%, a meaningful uplift from the 10-year average of 5.0%, indicating improving returns for landlords.
Income & Affordability Trends
Average household income in PE3 is £42,000, above the national average. The price-to-income ratio has deteriorated to 6.6x from 5.9x in 2016, reflecting property price growth outpacing wage rises. Rental affordability has also worsened, with rents now consuming 24.7% of household income compared to 22.5% in 2016.
Resident Demographic Profile
PE3 has a notably younger age structure, with 21.6% of residents under 15—well above the national average of 17.5%—and correspondingly fewer over-65s at 17.1%. The employment mix skews towards elementary occupations (16.5% against a national 10.2%) and plant and machinery operatives (10.7% vs 6.6%), reflecting the area's industrial heritage. Private renting is slightly elevated at 23.2% compared to the national 21.7%, while professional employment is proportionately lower than the national average.