At a Glance
Average Property Price - B46
£320,186
48
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B46
£39,374
55
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B46
3.8%
60
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price of £320,186 sits near the national midpoint. Over the past decade, the area has experienced 3.8% annualised growth, slightly above the typical UK pace. Transaction activity has softened recently, with 183 sales in the latest full year compared to a 10-year average of 206, indicating a modest decline in trading momentum.
Rent & Yield Trends
Average monthly rent of £1,056 sits close to the national average. Rental growth has been robust: 10-year annualised growth of 4.4% outpaces most of the country. Yields have strengthened considerably, reaching 6.3% in the latest period against a 10-year average of 4.9%, reflecting improved returns for landlords.
Income & Affordability Trends
Average household income of £39,374 is slightly above the national midpoint. The price-to-income ratio of 7.8x has drifted marginally upwards since 2016 (7.7x), suggesting purchase affordability has tightened fractionally. Rental affordability has improved: the rent-to-income ratio has fallen from 29.3% in 2016 to 28.8% today.
Resident Demographic Profile
The population skews significantly older, with over-50s representing 46.5% compared to the national average of 39.4%. Owner-occupation is notably strong: 40.4% own outright (well above the 33.7% national average) and 34.6% own with mortgage, while private renting accounts for just 15.5%. The employment mix is relatively balanced, though administrative roles (12%) are somewhat elevated compared to the national average of 9.0%.