At a Glance
Average Property Price - PO4
£283,959
37
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO4
£38,461
51
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO4
3.3%
40
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The average property price in PO4 is £284,000, placing it slightly below the national midpoint. Annual price growth has averaged 3.3% over the past decade, which is marginally below the national trend. Transaction volumes have declined from their 10-year average, with 546 sales in the latest year compared to an annual average of 681.
Rent & Yield Trends
Average monthly rent stands at £1,187, notably above the national average. Rental growth has run at 4.1% annually over ten years, keeping pace with the national trend. The rental yield for flats is currently 6.2%, a meaningful improvement on the 10-year average of 5.1%, reflecting a tightening lettings market.
Income & Affordability Trends
Average household income is £38,461, close to the national average. Purchase affordability has weakened: the price-to-income ratio has risen from 6.4x in 2016 to 7.7x today, indicating a significant shift in purchasing power relative to property values. Rental affordability has also declined, with rent-to-income rising from 28.9% to 32.1% over the same period.
Resident Demographic Profile
The population skews towards younger working-age adults, with those aged 16–24 notably overrepresented at 14.1% against a national average of 11.0%. The private rental sector is unusually dominant at 33.3%, well above the national average of 21.7%, whilst social rented housing is substantially underrepresented at 8.5% compared to 16.5% nationally. Professional and technical employment is above average, together representing over 37% of the workforce, offsetting weaker representation in trades and elementary roles.