At a Glance
Average Property Price - PL12
£299,850
42
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL12
£40,474
60
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL12
3.6%
52
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The average property price in PL12 is £300,000, close to the national midpoint. Over the past decade, prices have grown by 3.6% annually—a pace in line with national trends. Transaction activity has slowed modestly, with 315 sales in the latest year against a 10-year average of 350.
Rent & Yield Trends
Monthly rental levels in the broader PL postcode area average £982, near the national midpoint. Rents have grown at 3.8% per annum over ten years, slightly below the national rate. The flat yield currently stands at 5.7%, meaningfully above its 10-year average of 4.7%, reflecting a favourable environment for buy-to-let investors.
Income & Affordability Trends
Average household income in PL12 is £40,500, placing it above the national midpoint. The price-to-income ratio of 7.4x has risen since 2016 (6.7x), indicating property has become less affordable relative to local earnings. Rental affordability has remained stable, with rent-to-income holding steady at around 28% over the same period.
Resident Demographic Profile
The population skews notably older, with nearly 28% aged 65 and above—well above the national average of 19.6%—whilst those aged 16–24 are significantly underrepresented at just 7.8%. Housing tenure is marked by a strong preference for outright ownership at 44%, compared to 34% nationally, whilst private renting and social housing are both below average. The employment profile is balanced, though trades are relatively more prevalent than nationally.