At a Glance
Average Property Price - PE8
£456,491
75
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE8
£48,463
85
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE8
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 £456,491 places PE8 among the most expensive nationally. Over the past decade, prices have grown at 4.3% annually, slightly above the national average rate. Transaction activity has softened recently, with 234 sales in the latest year compared to a ten-year average of 272 per annum.
Rent & Yield Trends
Average monthly rent of £912 is below the national average, reflecting the area's relative affordability for tenants. Rental growth over the past decade has been solid at 4.2% per year, outpacing national growth. The flat yield currently stands at 6.1%, notably higher than the ten-year average of 5.0%, signalling improved returns for buy-to-let investors.
Income & Affordability Trends
Household incomes in PE8 are well above the national average, placing the area among the most affluent nationally. The price-to-income ratio of 8.1x represents a modest improvement from 8.6x in 2016, making homeownership modestly more accessible relative to earnings. Rental affordability has tightened slightly; the rent-to-income ratio has risen to 24.7% from 22.5% in 2016, indicating that rent now consumes a larger share of household income.
Resident Demographic Profile
PE8 has a distinctly older population profile, with nearly a quarter aged 65 or over—well above the national average—and those aged 50–64 representing over 22% of residents. Conversely, the 25–34 age group is significantly underrepresented. The area shows markedly higher rates of outright ownership at 40.4% and correspondingly lower private rental tenure. The employment mix is weighted towards senior roles: professionals and managers together account for over 40% of the workforce, substantially above national norms, whilst elementary and plant/machine roles are notably below average.