At a Glance
Average Property Price - PL33
£254,328
29
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL33
£34,059
26
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL33
2.2%
12
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The average property price in PL33 stands at £254,000, placing it below the national average. Annual price growth over the past decade has averaged 2.2%, which is notably slower than the UK norm. Transaction activity has declined significantly, with just 21 sales in the latest year compared to a 10-year average of 33 per year.
Rent & Yield Trends
Monthly rents in the broader PL postcode area average £982, close to the national median. Rent growth over ten years has averaged 3.8%, in line with the UK trend. The current flat yield of 5.7% is materially above its own 10-year average of 4.7%, indicating improved returns for landlords in recent years.
Income & Affordability Trends
Average net household income in PL33 is £34,059, placing it well below the national average. The price-to-income ratio stands at 9.4x, a significant increase from 6.5x in 2016, meaning affordability for owner-occupiers has weakened substantially. Rental affordability has remained essentially flat, with the rent-to-income ratio holding steady at 27.6% versus 27.7% in 2016.
Resident Demographic Profile
The population is notably older, with 30% aged 65 and above—well above the national average of 19.6%—and only 6.5% aged 16–24 compared to 11% nationally. Housing tenure is dominated by outright ownership at 52.4%, far exceeding the national norm of 33.7%, reflecting a mature, settled population. The employment profile is distinguished by a much higher proportion of trades workers at 20.7% against a national average of 10.5%, and caring professions are also overrepresented at 10.8% versus 9.2% nationally.