At a Glance
Average Property Price - PO1
£262,903
31
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO1
£12,979
1
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO1
3.6%
51
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The average property price in PO1 is £263,000, placing it below the national average. Over the past decade, prices have grown at 3.6% annually—in line with the national trend. Transaction activity has slowed notably, with 202 sales in the latest full year compared to a 10-year average of 302, indicating reduced momentum in the market.
Rent & Yield Trends
Average monthly rents of £1,187 sit above the national midpoint. Rental growth over the past decade has averaged 4.1% per year, slightly ahead of the national pace. The rental yield has strengthened to 6.2%, up from a 10-year average of 5.1%, reflecting improved returns for landlords despite the broader affordability pressures facing tenants.
Income & Affordability Trends
Average household income of £12,979 is among the lowest nationally, creating acute affordability challenges. The price-to-income ratio has deteriorated sharply from 6.9x in 2016 to 19.2x today, signalling that property has become substantially less affordable for local buyers. Rental affordability has also declined, with rent now consuming 32.1% of income compared to 28.9% in 2016, leaving renters with tighter budgets.
Resident Demographic Profile
The area has a notably younger profile, with those aged 16–24 comprising 15.2% of the population—well above the national average of 11.0%. Private renting is dominant at 37.4% of households, far exceeding the national figure of 21.7%, while outright ownership is significantly lower at 20.7%. The employment mix reflects urban service-sector work, with higher proportions in caring roles (11.3%) and elementary occupations (13.6%), offset by lower shares in managerial positions.