At a Glance
Average Property Price - PO16
£342,222
54
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO16
£41,656
65
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO16
4.1%
68
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The latest average property price in PO16 is £342,000, broadly in line with the national average. Over the past decade, prices have grown at 4.1% annually—a pace slightly above the national average—suggesting steady but measured capital appreciation. Transaction activity has been relatively subdued of late, with 492 sales in the latest full year compared to a 10-year average of 554, reflecting a softening in market momentum.
Rent & Yield Trends
Average monthly rent in the broader PO postcode area stands at £1,187, positioning it above the national average. Rental growth over the past decade has been 4.1% per year, in line with national trends. The flat yield has improved noticeably to 6.2% in the latest year from a 10-year average of 5.1%, indicating a favourable shift in rental returns relative to property values.
Income & Affordability Trends
Average net household income is £41,656, above the national average. Purchase affordability has tightened: the price-to-income ratio now stands at 7.7x, up from 7.0x in 2016, reflecting prices rising faster than local incomes. Rental affordability has also worsened, with the rent-to-income ratio rising from 28.9% in 2016 to 32.1% today, suggesting rents have outpaced income growth.
Resident Demographic Profile
PO16 has an notably older population profile: those aged 50–64 account for 22.2% (against a national average of 19.8%), and those 65 and over represent 24.7% (well above the 19.6% national average). The area is heavily owner-occupied, with 42.7% owning outright and 34.9% owning with a mortgage—well above national norms for both categories—and only 13.4% in private rented accommodation. The employment mix leans towards technical roles (15.3%), above the national average, while elementary workers are underrepresented at 7.6%.