At a Glance
Average Property Price - PL32
£273,910
35
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL32
£34,728
30
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL32
3.6%
53
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The average property price of £274,000 sits below the national midpoint, placing it among the more affordable areas nationally. Over the past decade, prices have grown at 3.6% annually—a pace close to the national average, indicating steady but unremarkable appreciation. Transaction activity has slowed noticeably: 47 sales in the latest full year against a 10-year average of 72, suggesting a tighter market or reduced turnover.
Rent & Yield Trends
Average monthly rent of £982 sits close to the national middle ground. Rental growth over the past decade has been modest at 3.8% annually, marginally slower than the national trend. The flat yield of 5.7% represents a marked improvement on the 10-year average of 4.7%, signalling strengthened rental returns in the current market.
Income & Affordability Trends
Average household income of £35,000 is noticeably below the national average, placing the area among lower-income districts nationally. The price-to-income ratio of 8.2x is tight and has improved marginally since 2016 (8.3x), reflecting stable affordability for purchase. Rental affordability has also remained virtually unchanged, with rent consuming 27.6% of income compared to 27.7% in 2016.
Resident Demographic Profile
The population skews significantly older: nearly 28% are aged 65 and over, well above the national average of 20%, while those aged 16–24 represent just 8.3% compared to 11% nationally. Housing tenure shows a pronounced preference for outright ownership at 48%, nearly half again the national average of 34%. The employment profile is heavily weighted towards trades at 21%, more than double the national share, with notably weak representation among professionals (14% versus 21% nationally), reflecting the area's rural and craft-based economy.