At a Glance
Average Property Price - PO31
£335,741
53
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO31
£40,086
59
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO31
3.4%
41
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The average property price in PO31 is £336,000, close to the national average. Over the past decade, prices have grown at 3.4% annually—below the national pace. Annual transactions have fallen to 217 from a 10-year average of 299, suggesting a slowdown in market activity.
Rent & Yield Trends
Average monthly rent stands at £1,187, above the national average. Rental growth over ten years has averaged 4.1% per year, slightly ahead of the national trend. The flat yield has improved to 6.2%, up from a 10-year average of 5.1%, reflecting stronger returns for buy-to-let investors.
Income & Affordability Trends
Average household income is £40,086, modestly above the national average. The price-to-income ratio has risen to 8.9x from 7.6x in 2016, indicating that property has become less affordable relative to earnings over this period. Rental affordability has also tightened, with the rent-to-income ratio increasing from 28.9% to 32.1%, putting greater pressure on renters.
Resident Demographic Profile
The population skews notably older: those aged 50–64 account for 22.1% (compared to a national average of 19.8%), and those 65 and over represent 24.1% (against 19.6% nationally). Outright ownership is markedly higher at 40.1% versus 33.7% nationally, typical of a mature, retirement-oriented community. The caring professions are overrepresented at 11.3% against a national average of 9.2%, reflecting the area's elderly demographic. Social rented housing is less prevalent at 8% compared to the national average of 16.5%.