At a Glance
Average Property Price - PL9
£327,511
51
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL9
£42,716
68
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL9
3.0%
30
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The latest average property price of £328,000 sits at the national midpoint, neither notably expensive nor cheap. Over the past decade, prices have grown by 3.0% annually—below the national average, reflecting more modest gains than many UK regions. Transaction activity has eased, with 523 sales in the latest year against a 10-year average of 644, suggesting a quieter market than its historical trend.
Rent & Yield Trends
Average monthly rent of £982 sits slightly below the national average. Rental growth over the past decade has been steady at 3.8% per year, in line with national trends. Flat yields have improved noticeably, currently standing at 5.7% against a 10-year average of 4.7%, indicating increasingly attractive returns for landlords in the area.
Income & Affordability Trends
Average net household income of £43,000 places the area above the national average, reflecting a relatively prosperous catchment. The price-to-income ratio of 7.8x has risen since 2016 (when it stood at 7.2x), indicating that property has become less affordable relative to local earnings. Rental affordability has remained virtually flat, with renters spending 27.6% of income on housing compared to 27.7% in 2016—a stable position.
Resident Demographic Profile
The population skews notably older than average, with nearly a quarter aged 65 or over (compared to 19.6% nationally) and a correspondingly smaller share of 16–24 year-olds at 8.5%. Housing tenure shows strong owner-occupation: 43.5% own outright and 35% own with a mortgage, well above national averages, while private renting remains low at 13.4%. The employment base is skilled, with above-average shares of technical workers (15.2%) and trades workers (13.1%), alongside robust professional representation; elementary occupations are notably underrepresented at 7.8%.