At a Glance
Average Property Price - PO32
£242,161
25
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO32
£36,626
41
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO32
3.1%
32
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The average property price in PO32 is £242,000, placing it in the lower quartile nationally. Over the past decade, prices have grown at 3.1% annually—below the national average pace. Transaction activity has slowed notably, with 121 sales in the latest full year compared to a 10-year average of 181, reflecting softer recent market conditions.
Rent & Yield Trends
Average monthly rent stands at £1,187, modestly above the national midpoint. Rental growth over the past decade has been steady at 4.1% annually, in line with national trends. The flat yield currently sits at 6.2%, a marked improvement on its 10-year average of 5.1%, indicating strengthening investor returns.
Income & Affordability Trends
Average net household income is £36,626, slightly below the national average. The price-to-income ratio has deteriorated from 5.7x in 2016 to 6.8x today, signalling that property has become less affordable relative to earnings. Rental affordability has also weakened, with rent-to-income rising from 28.9% to 32.1% over the same period.
Resident Demographic Profile
The population skews significantly older, with over a quarter aged 65 and above compared to a national average of 19.6%, whilst the 16–24 age group is notably underrepresented at 8.3%. Owner-occupation is strong at 63.3% (owned outright and with mortgage combined), and the caring professions are overrepresented at 13.7% versus 9.2% nationally, reflecting the area's elderly population. The trades workforce is also more prominent than average.