At a Glance
Average Property Price - PR3
£304,368
43
National percentile
Average Monthly Rent - PR
£796
21
National percentile
Average Net Household Income - PR3
£37,324
46
National percentile
Flat / Maisonette Yield - PR
6.0%
77
National percentile
10-Year Annualised Price Growth - PR3
2.7%
19
National percentile
10-Year Annualised Rent Growth - PR
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in PR3 is £304,000, placing it close to the national midpoint. Over the past decade, prices have grown by 2.7% annually—among the slowest nationally. Transaction volumes have eased in recent years: the latest full year saw 606 sales compared to a 10-year average of 824, reflecting a decline in market activity.
Rent & Yield Trends
Average monthly rent stands at £796, notably below the national average. Rental growth over the past decade has been modest at 3.5% per year, also below the national pace. Flat yields have improved, currently standing at 6.0% compared to a 10-year average of 5.2%, suggesting rental returns have tightened on the price backdrop.
Income & Affordability Trends
Household incomes in PR3 average £37,324, broadly in line with the national median. Affordability has deteriorated: the price-to-income ratio has risen from 6.9x in 2016 to 8.1x today, signalling that property has become less accessible relative to local earnings. Rental affordability has remained broadly stable, with the rent-to-income ratio holding steady at around 23%.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 and above (compared to 19.6% nationally) and those aged 50–64 also overrepresented at 22.6%. The area is heavily skewed toward outright ownership at 47.8%, well above the national 33.7%, with correspondingly lower private rental and social rented shares. Employment is weighted toward managers and professionals (21.7% and 15.3% respectively), and trades are more prominent than nationally at 13.6%, reflecting the mixed rural and commuter character.