At a Glance
Average Property Price - PO34
£435,828
73
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO34
£38,377
51
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO34
3.1%
32
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The average property price of £436,000 places PO34 among the more expensive districts nationally. However, price growth has been modest, with annualised growth of 3.1% over the past decade—below the national average pace. Transaction activity has softened notably, with 40 sales in the latest year compared to a 10-year average of 60 per annum.
Rent & Yield Trends
Average monthly rent of £1,187 sits slightly above the national midpoint. Rental growth has kept pace with national trends at 4.1% per annum over ten years. The flat yield of 6.2% represents a meaningful uplift from the 10-year average of 5.1%, reflecting tightening yields across the wider market.
Income & Affordability Trends
Household income at £38,377 is close to the national average. The price-to-income ratio of 14.0x signals a marked deterioration in purchase affordability since 2016, when it stood at 9.5x. Rental affordability has also weakened, with the rent-to-income ratio rising from 28.9% in 2016 to 32.1% today.
Resident Demographic Profile
PO34 has a distinctly older population structure: 42.2% are aged 65 and over—more than double the national average—while those under 25 comprise just 17% combined, well below the national figure. Housing tenure is heavily skewed toward outright ownership at 61.2%, reflecting the predominance of retirees. The employment mix leans toward managers and trades, while professional roles are slightly underrepresented.