At a Glance
Average Property Price - PE9
£388,874
65
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE9
£46,138
79
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE9
3.5%
46
National percentile
10-Year Annualised Rent Growth - PE
4.2%
68
National percentile
Property Price & Volume Trends
The latest average property price in PE9 is £389,000, placing it above the national midpoint. Annual price growth over the past decade has averaged 3.5%, which is slightly below the national pace. Transaction activity has eased: 427 sales were recorded in the latest full year, down from a 10-year average of 564 per annum.
Rent & Yield Trends
Average monthly rent across the broader PE postcode stands at £912, notably below the national average. Rent growth has outpaced the national trend, rising at 4.2% per year over the past decade. The flat yield has strengthened to 6.1%, up from a 10-year average of 5.0%, signalling improving investor returns in recent years.
Income & Affordability Trends
Household income in PE9 is well above the national average at £46,138. The price-to-income ratio stands at 9.4x, indicating that properties have become fractionally less affordable since 2016 when the ratio was 9.1x. Rental affordability has moved in the opposite direction: the rent-to-income ratio has risen from 22.5% to 24.7%, showing that renters now spend a larger share of income on housing.
Resident Demographic Profile
The population is significantly older than the national average, with 23.7% aged 65 and over compared to the national 19.6%, and only 7.8% aged 16–24 against a national 11.0%. Owner-occupation is notably strong: 39.1% own outright and a further 28.1% own with a mortgage, well above national norms. The employment mix is weighted towards managers (17.8% versus 13.4% nationally) and professionals (20.7%), while elementary occupations are underrepresented at 8.4%.