Property trends for PO22

Properties in PO22 average £384,000, placing them in the upper-middle range nationally. Annual price growth over the past decade has averaged 3.3%, which is below the national pace. Transaction activity has slowed noticeably: the latest year saw 422 sales, down from a 10-year average of 565 per year.

Average monthly rents in the broader PO postcode area stand at £1,187, in line with national midpoints. Rent growth over the past decade has averaged 4.1%, broadly matching national trends. The current flat yield of 6.2% is notably above its own 10-year average of 5.1%, reflecting a favourable income environment for landlords.

Household income in PO22 averages £38,536, close to the national median. Housing affordability has deteriorated: the price-to-income ratio has risen from 9.0x in 2016 to 9.9x today, indicating property prices have grown faster than earnings. Rental affordability has also tightened, with rents now consuming 32.1% of household income compared to 28.9% a decade ago.

The population is notably older than average, with over a quarter aged 65 or above compared to a national fifth; those aged 16–24 are significantly underrepresented at 8.7% versus 11% nationally. Housing tenure is skewed towards outright ownership at 43.7%, well above the national average of 33.7%, while social rented housing is less prevalent at 8.2% versus 16.5% nationally. The employment profile is marked by a stronger-than-average trades workforce at 12.8% and higher representation in caring roles at 11.1%, reflecting the area's older demographic.