At a Glance
Average Property Price - PL28
£532,627
84
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL28
£36,412
40
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL28
2.1%
11
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The average property price of £533,000 places PL28 among the most expensive nationally. However, growth over the past decade has been sluggish at 2.1% annually—among the slowest in the country. Transaction activity has fallen sharply, with 54 sales in the latest year compared to a 10-year average of 103, suggesting a thinned market.
Rent & Yield Trends
Average monthly rent of £982 sits close to the national midpoint, with 10-year growth of 3.8% tracking broadly in line with national trends. The rental yield of 5.7% is notably above its 10-year average of 4.7%, indicating improved returns for buy-to-let investors in the recent market.
Income & Affordability Trends
Average household income of £36,412 is modestly below the national average. The price-to-income ratio of 20.5x has deteriorated significantly since 2016 (when it stood at 15.4x), making property purchase substantially less affordable. Rental affordability has remained stable, with renters spending 27.6% of income on rent—virtually unchanged from 2016.
Resident Demographic Profile
The population skews notably older, with over a quarter aged 65 and above, compared to one-fifth nationally. The 16–24 age group is significantly under-represented at 7.6%, reflecting limited youth retention. Outright ownership at 40.7% is well above the national average, consistent with an older demographic. The trades workforce is notably elevated at 18.4%, while professional employment is comparatively weak at 11.2%.