At a Glance
Average Property Price - PL34
£407,693
69
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL34
£34,025
25
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL34
4.1%
70
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The average property price in PL34 stands at £408,000, placing it among the more expensive postcodes nationally. Over the past decade, prices have grown at 4.1% annually — broadly in line with national trends. Transaction activity has slowed noticeably, with 24 sales last year compared to a 10-year average of 34, suggesting a tightening market.
Rent & Yield Trends
Monthly rents average £982, slightly below the national midpoint and reflecting typical countryside rental levels. Rent growth over the past decade has been modest at 3.8% annually, marginally slower than the national pace. The flat yield currently stands at 5.7%, a meaningful improvement on the 10-year average of 4.7%, indicating strengthening returns for landlords in the recent period.
Income & Affordability Trends
Average household income in PL34 is £34,025, notably below the national average and placing the area among lower-income postcodes. The price-to-income ratio of 9.7x has improved since 2016 (when it was 10.5x), suggesting housing has become somewhat more affordable relative to local earning power. Rental affordability has remained essentially stable, with the rent-to-income ratio holding at 27.6% against 27.7% in 2016.
Resident Demographic Profile
PL34 has a distinctly older population: those aged 50–64 account for over a quarter of residents, and the 65+ age group represents 30% — both significantly above national averages. Conversely, younger age groups are notably underrepresented, particularly the 16–24 bracket at just 6.4%. Housing tenure is heavily skewed towards outright ownership at 53%, well above the national norm, whilst the trades sector makes up 21% of employment — substantially higher than the national 10.5% — reflecting the area's rural and practical economy.