At a Glance
Average Property Price - PL22
£338,872
53
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL22
£34,377
28
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL22
3.2%
33
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The average property price of £339,000 sits close to the national median, reflecting neither a premium nor discount market. Over the past decade, prices have grown at 3.2% annually—a modest pace that trails national trends. Transaction activity has softened recently, with 53 sales in the latest full year compared to a 10-year average of 71, suggesting a slower market.
Rent & Yield Trends
Monthly rents average £982, which is close to the national norm. Rental growth over the past decade has been steady at 3.8% annually, slightly below the national trend. The current flat yield of 5.7% represents a meaningful improvement from the 10-year average of 4.7%, indicating that investor returns have strengthened recently.
Income & Affordability Trends
Average household income of £34,377 falls well below the national average, placing this district among the less affluent areas nationally. The price-to-income ratio of 11.1x has deteriorated since 2016 (when it stood at 9.9x), making home purchase less affordable for local earners. Rental affordability has remained essentially stable, with rent-to-income standing at 27.6% compared to 27.7% in 2016.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 or above (compared to 19.6% nationally) and a significantly underrepresented younger cohort, particularly 16–24-year-olds at just 8%. Housing tenure shows a strong bias towards outright ownership at 43.6%, well above the national average of 33.7%. The employment profile is distinctive for its concentration in trades (18%, against 10.5% nationally) and notably lower representation among professionals (12.8% versus 20.5% nationally).