At a Glance
Average Property Price - PL14
£272,455
34
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL14
£34,552
29
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL14
3.6%
51
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The average property price in PL14 stands at £272,000, placing it below the national average. Over the past decade, prices have grown at an annualised rate of 3.6%, broadly in line with the national trend. Transaction volumes have declined compared with the 10-year average: 321 sales were recorded in the latest full year, down from a long-term average of 437 annually.
Rent & Yield Trends
Average monthly rents in the broader PL postcode area are £982, close to the national median. Rent growth over ten years has averaged 3.8% per annum, marginally below the national pace. The flat yield currently stands at 5.7%, notably above its 10-year average of 4.7%, indicating a favourable rental return environment compared with recent history.
Income & Affordability Trends
Average net household income in PL14 is £34,552, below the national average. The price-to-income ratio has risen to 7.9x from 6.7x in 2016, signalling a modest squeeze on purchase affordability over that period. Rental affordability has remained essentially flat, with rent consuming 27.6% of income compared with 27.7% six years ago.
Resident Demographic Profile
The population skews notably older, with over a quarter aged 65 and above—well above the national average of 19.6%—whilst the 16–24 age group is underrepresented at 8.4%. Housing is dominated by outright ownership at 40.1%, significantly higher than the national figure of 33.7%, whilst the 50–64 age band is also overrepresented at 22.9%. Employment reflects a strong trades presence at 16.7% and elevated caring roles at 11.9%, with professional occupations below average at 14.2%.