At a Glance
Average Property Price - PL19
£348,193
56
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL19
£38,007
49
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL19
3.4%
42
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The current average property price of £348,000 sits around the national middle ground. Over the past decade, prices have grown at 3.4% annually—a pace slower than the national average, reflecting more modest appreciation in this area. Transaction volumes have eased to 265 sales last year, down from a 10-year average of 314 per year.
Rent & Yield Trends
Average monthly rent of £982 is slightly below the national middle point. Rental growth over the past decade has reached 3.8% annually, marginally slower than the national pace. Flat yields have improved noticeably, rising to 5.7% in the latest year from a 10-year average of 4.7%, suggesting enhanced returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £38,000 sits around the national median. The price-to-income ratio of 9.4x has deteriorated since 2016 (when it stood at 8.2x), signalling that property has become notably less affordable for local buyers. Rental affordability has remained essentially flat, with rent consuming 27.6% of household income compared to 27.7% a decade ago.
Resident Demographic Profile
The population is notably older than the national average: nearly 30% are aged 65 and over, compared to 20% nationally, and only 8% fall into the 16–24 age bracket against 11% nationally. Housing tenure is distinctly weighted towards outright ownership, at 47%—well above the national 34%—reflecting an affluent, established resident base. The employment mix shows particular strength in trades (14.5% vs 10.5% nationally) and caring professions (10.2% vs 9.2% nationally).
