At a Glance
Average Property Price - PO8
£394,156
66
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO8
£42,430
68
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO8
3.2%
36
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The latest average property price in PO8 is £394,000, placing it among the more expensive districts nationally. Over the past decade, prices have grown at 3.2% annually — a rate below the national average, suggesting more modest appreciation than many UK markets. Transaction activity has slowed recently, with 473 sales in the latest full year against a 10-year annual average of 550, indicating a softer market.
Rent & Yield Trends
Average monthly rent in the broader PO postcode area stands at £1,187, slightly above the national midpoint. Rental growth over the past decade has averaged 4.1% annually, broadly in line with national trends. The flat yield has risen to 6.2% in the latest year from a 10-year average of 5.1%, reflecting improved returns for landlords despite price growth having moderated.
Income & Affordability Trends
Average household income in PO8 is £42,430, notably above the national typical income. The price-to-income ratio now stands at 9.1x, a meaningful deterioration from 7.8x in 2016, indicating that property has become less affordable relative to earnings over the past eight years. Rental affordability has similarly declined, with the rent-to-income ratio rising to 32.1% from 28.9%, placing rental costs under greater pressure on household budgets.
Resident Demographic Profile
The population is distinctly older than the national average, with those aged 50–64 representing 22.7% (against 19.8% nationally) and those aged 65+ accounting for 25.2% (versus 19.6% nationally). Conversely, young adults aged 16–24 are significantly underrepresented at just 8.3%. Housing tenure is heavily skewed towards outright ownership at 44.1%, well above the 33.7% national average, reflecting the area's mature demographic. The employment mix is relatively balanced, though managers and administrative roles are slightly more prevalent than the national norm.