The Demographics of Manor Park’s Population

Manor Park has a rich history that dates back to the 11th century. Despite being a lesser-known area in the capital, it has a lot to offer for those who want to invest in a buy-to-let property. In this blog post, we will explore the key factors you should consider when investing in Manor Park.

Population Size and Growth

Manor Park has a population of around 17,000, and it is growing steadily. According to the Office for National Statistics, the population has increased by 9.8% in the last ten years. This growth rate is higher than the average growth rate for London boroughs, which is 7.8%. This increase is due to the regeneration of the area, new housing developments and the extension of Crossrail to Manor Park. The extension of the Elizabeth Line connects Manor Park to central London and Heathrow airport, making it more accessible and attractive to commuters.

Age of Population

Manor Park has a diverse population with a relatively young demographic. The average age of the population is 32 years old, which is younger than the UK average of 45 years old. This is due to the large number of young families and students living in the area. Manor Park is home to many schools and educational institutions, including Little Ilford School, Dersingham Primary School, and St. Stephen’s Primary School, which attracts families with young children. Additionally, Manor Park is close  to a campus of the University of East London, which has over 1,000 students enrolled.

Employment Rate

The employment rate in Manor Park is lower than the UK average, with the unemployment rate 8.3%, compared to the UK average of 4.7%. However, with the extension of Crossrail and the regeneration of the area, there is potential for employment opportunities to increase. In particular, the construction and transport industries are expected to see growth in the coming years, creating more job opportunities for residents.

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Education Level Rate

The education level rate in Manor Park is lower than the UK average. Approximately 36% of the population has no formal qualifications, compared to the UK average of 21%. However, the area has a high number of young people and students, and many are pursuing higher education. The University of East London’s Manor Park campus offers a range of undergraduate and postgraduate programmes in subjects such as law, business, and psychology. This is a significant advantage for buy-to-let investors looking to rent their property to students.

Crime Rate

Manor Park has a higher crime rate than the UK average. According to the Metropolitan Police, the area has a crime rate of 101.6 per 1000 people, compared to the UK average of 35 per 1000 people. However, it is important to note that crime rates vary between different parts of the area, and many parts of Manor Park are safe and family-friendly. Investing in a property in a low-crime area can help mitigate this risk.

In conclusion, Manor Park is a diverse area with a young and growing population. The extension of Crossrail and the regeneration of the area offer the potential for increased employment opportunities and make it an attractive option for both residents and investors. While the education level rate and employment rate in Manor Park are lower than the UK average, the high number of young people and students pursuing higher education is a positive sign. 

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