At a Glance
Average Property Price - PR8
£267,704
33
National percentile
Average Monthly Rent - PR
£796
21
National percentile
Average Net Household Income - PR8
£35,499
34
National percentile
Flat / Maisonette Yield - PR
6.0%
77
National percentile
10-Year Annualised Price Growth - PR8
3.4%
44
National percentile
10-Year Annualised Rent Growth - PR
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in PR8 stands at £268,000, placing it below the national average. Over the past decade, prices have grown at 3.4% annually, which is close to the national trend. Transaction volumes have moderated, with 720 sales recorded in the latest full year compared to an average of 942 over the previous ten years.
Rent & Yield Trends
Rental levels in the PR postcode area average £796 per month, well below the national average. Rents have grown at 3.5% per year over the past decade, a rate slightly slower than the national picture. The flat yield currently stands at 6.0%, above its ten-year average of 5.2%, signalling improved investor returns in recent years.
Income & Affordability Trends
Average household income in PR8 is £35,499, below the national average. The price-to-income ratio has risen to 7.4x from 6.9x in 2016, meaning affordability for purchase has deteriorated slightly. The rent-to-income ratio stands at 22.8%, a modest improvement from 23% six years ago, suggesting rental affordability has stabilized.
Resident Demographic Profile
The population skews notably older, with over a quarter aged 65 or above compared to under one-fifth nationally, and notably fewer residents aged 16–24. Outright ownership is more common at 38%, while private renting at 25% is above average. The workforce is distinguished by a higher proportion in caring roles (12.2% against 9.2% nationally) and fewer in technical occupations, reflecting the area's older demographic profile.