At a Glance
Average Property Price - PO40
£308,589
44
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO40
£34,182
26
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO40
3.9%
62
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The average property price in PO40 is £309,000, close to the national midpoint. Over the past decade, prices have grown by 3.9% annually—a pace slightly above the national average. Transaction activity has been relatively subdued, with 86 sales in the latest year compared to a 10-year average of 126, suggesting a softer market momentum.
Rent & Yield Trends
Average monthly rent stands at £1,187, placing the area above the national median. Rental growth over ten years has averaged 4.1% per annum, broadly in line with national trends. The flat yield has risen to 6.2%, up notably from a 10-year average of 5.1%, reflecting the stronger recent pull of rental income relative to property values.
Income & Affordability Trends
Average household income of £34,182 is well below the national average, placing the area in the lower quartile nationally. This squeeze is evident in affordability: the price-to-income ratio has widened to 9.5x, up from 7.3x in 2016, making purchase significantly less affordable than a decade ago. Rental affordability has also deteriorated, with the rent-to-income ratio rising from 28.9% to 32.1% over the same period.
Resident Demographic Profile
The population is markedly skewed towards older age groups, with 41.1% aged 65 and above—more than double the national average of 19.6%—while those under 15 and 16–24 are substantially underrepresented. Housing tenure reflects this retiree-heavy profile: 54.4% own outright, far above the national 33.7%, and mortgage ownership is low at 17.2%. The employment mix is distinctive, with notably higher shares in trades (16.0% vs 10.5% nationally) and caring professions (14.0% vs 9.2%), while technical roles and plant/machine work are markedly below average.