Property trends for PO12

The latest average property price in PO12 is £254,000, placing it below the national average. Over the past decade, prices have grown at 3.4% annually, slightly slower than the national trend. Transaction activity has moderated, with 627 sales in the latest full year compared to a 10-year average of 782 per year.

Average monthly rent in the broader PO postcode area stands at £1,187, positioning it above the national median. Rents have risen at 4.1% annually over the past decade, in line with national growth. The flat yield has improved to 6.2% in the latest year from a 10-year average of 5.1%, reflecting favourable rental returns relative to property values.

Average household net income is £38,690, close to the national median. The price-to-income ratio has shifted to 6.5x from 5.7x in 2016, indicating that property has become less affordable relative to local earnings over this period. Rental affordability has also tightened, with rent-to-income rising from 28.9% to 32.1%, suggesting renters now dedicate a larger share of income to housing costs.

The population skews slightly older than average, with 22% aged 50–64 and 20.5% aged 65 and over, while the 16–24 age group is underrepresented at 9.4%. Employment is weighted towards technical roles at 14.4% and trades at 12.7%, well above national averages, while professional roles at 13.6% are below the national norm. Caring professions are notably higher at 12.3%, reflecting the area's demographic composition.