At a Glance
Average Property Price - PL27
£442,297
73
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL27
£35,813
36
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL27
1.9%
8
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The latest average property price in PL27 is £442,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown by 1.9% annually—significantly below the national average and among the slowest-performing areas. Transaction volumes have eased in the latest year, with 193 sales compared to a 10-year average of 262, reflecting a softer market.
Rent & Yield Trends
Average monthly rent in the PL postcode area stands at £982, close to the national midpoint. Rental growth over a decade has averaged 3.8% per year—in line with national trends. The flat yield has strengthened to 5.7%, up from a 10-year average of 4.7%, suggesting improved returns for landlords despite the broader property market slowdown.
Income & Affordability Trends
Average household income is £35,813, below the national average. The price-to-income ratio of 15.2x indicates stretched affordability and has worsened materially since 2016 (12.1x), reflecting price rises outpacing local income growth. Rental affordability has remained stable, with rent-to-income at 27.6%, virtually unchanged from 2016.
Resident Demographic Profile
The population is notably older, with 28.8% aged 65 and over against a national average of 19.6%; conversely, only 7.7% are aged 16–24, well below the 11% national figure. Outright home ownership is strong at 43.9%, significantly higher than the 33.7% national average. The employment mix skews towards trades (18.1%) and managers (16.1%), with a smaller professional cohort (14.3%) than the national average of 20.5%.