Property trends for PR26

    PR26 covers parts of Lancashire's coastal and rural areas in the north west of England. The district attracts families and older residents seeking a quieter pace of life, with a strong owner-occupied housing market.

    At a Glance

    Average Property Price - PR26

    £266,771

    33

    National percentile

    Average Monthly Rent - PR

    £796

    21

    National percentile

    Average Net Household Income - PR26

    £36,741

    42

    National percentile

    Flat / Maisonette Yield - PR

    6.0%

    77

    National percentile

    10-Year Annualised Price Growth - PR26

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - PR

    3.5%

    25

    National percentile

    Property Price & Volume Trends

    The average property price in PR26 is £267,000, which sits below the national average. Over the past decade, prices have grown at 2.0% per year — among the slowest nationally. Transaction activity has eased slightly, with 210 sales in the latest year compared to a 10-year average of 238.

    Rent & Yield Trends

    Average rents in the broader PR postcode area stand at £796 per month, materially below the national average. Rental growth over ten years has averaged 3.5% annually, slightly below the national pace. Flat yields have improved to 6.0% in the latest year from a 10-year average of 5.2%, reflecting stronger rental returns in recent times.

    Income & Affordability Trends

    Average household income of £37,000 sits around the national midpoint. The price-to-income ratio has risen to 8.0x from 5.9x in 2016, signalling that property has become noticeably less affordable relative to local earnings over that period. Rental affordability has remained fairly stable, with rents consuming 22.8% of household income today compared to 23% seven years ago.

    Resident Demographic Profile

    The population skews notably older, with those aged 50 and over representing 41.4% compared to the national average of 39.4%. The proportion of young adults aged 16–24 is below average at 8.6%. Housing tenure is heavily weighted towards ownership: 37.5% own with a mortgage and 38.1% own outright, well above the national averages and reflecting a traditional, settled community. Private rental tenure is markedly lower at 11.6% against the national norm of 21.7%.

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