At a Glance
Average Property Price - PE30
£234,310
22
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE30
£35,007
31
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE30
4.3%
74
National percentile
10-Year Annualised Rent Growth - PE
4.2%
68
National percentile
Property Price & Volume Trends
The average property price of £234,310 sits well below the national average, placing it among the more affordable parts of England. Over the past decade, prices have grown at 4.3% annually—faster than the national average, reflecting solid but steady demand. Transaction activity has softened recently, with 502 sales in the latest year compared to a 10-year average of 623, suggesting a slowdown in market momentum.
Rent & Yield Trends
Monthly rents average £912 across the PE postcode area, below the national median, making it an affordable rental market. Rent growth over the past decade has been steady at 4.2% per year, outpacing national average increases. The flat yield currently stands at 6.1%, a meaningful uplift from its 10-year average of 5.0%, indicating improving returns for buy-to-let investors in the area.
Income & Affordability Trends
Average household income of £35,007 is noticeably below the national average, reflecting the area's working-class demographic profile. The price-to-income ratio of 6.4x has widened since 2016 (when it was 5.5x), signalling that property has become less affordable relative to earnings despite modest absolute prices. Rental affordability has similarly deteriorated, with the rent-to-income ratio rising from 22.5% in 2016 to 24.7% today.
Resident Demographic Profile
The age profile is relatively youthful, with a notably high proportion of under-15s at 19% against a national average of 17.5%, and a correspondingly large 25–34 age group at 16.4%. Housing tenure is distinctive: private renting is significantly elevated at 27.6% versus 21.7% nationally, whilst outright ownership is lower at 25.5%, and social renting is notably high at 23.7% compared to 16.5% nationally. Employment patterns are heavily skewed toward manual and routine work, with plant and machine operatives comprising 14.9% of the workforce (nearly double the national 6.6%) and elementary occupations at 17.1% versus 10.2% nationally; professional roles are correspondingly underrepresented at 13.2%.