At a Glance
Average Property Price - PE7
£286,210
38
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE7
£42,777
69
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE7
4.3%
76
National percentile
10-Year Annualised Rent Growth - PE
4.2%
68
National percentile
Property Price & Volume Trends
The district's average property price of £286,000 sits below the national average. Over the past decade, prices have grown at 4.3% annually—significantly faster than the national average, placing it among the stronger-performing areas nationally. Transaction volumes have moderated notably, with 811 sales in the latest year against a ten-year annual average of 1,097, reflecting the market slowdown of recent years.
Rent & Yield Trends
Rents across the broader PE postcode area average £912 per month, below the national average. Rental growth has run at 4.2% annually over ten years, outpacing national rent inflation. The flat yield currently stands at 6.1%, a meaningful uplift from its ten-year average of 5.0%, indicating improving returns for rental investors in the area.
Income & Affordability Trends
Average household income of £43,000 places the area above the national median. Purchase affordability has tightened: the price-to-income ratio has risen from 5.5x in 2016 to 7.0x today, signalling that property has become less affordable relative to local earnings. Rental affordability has similarly weakened, with the rent-to-income ratio rising from 22.5% to 24.7% over the same period.
Resident Demographic Profile
The population skews slightly older and more family-oriented than the national norm: under-15s comprise 20.5% (above the 17.5% national average) and the 35–49 age group is notably strong at 20.4%. Housing tenure reveals a strong bias towards ownership, with 37.1% owning with a mortgage—well above the national 27.0%—whilst private renting is proportionally lower at 17.9%. Employment patterns are broadly balanced, with a modest lean towards administrative and technical roles.