At a Glance
Average Property Price - B49
£389,936
65
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B49
£38,746
53
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B49
3.9%
63
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price of £390,000 is above the national mid-point. Over the past decade, prices have grown at 3.9% annually—slightly above the national average—reflecting steady if unspectacular appreciation. Transaction volumes have slowed recently, with 136 sales in the latest year compared to a 10-year average of 176 per year.
Rent & Yield Trends
Average monthly rents of £1,056 sit close to the national middle ground. However, rental growth has been notably strong over the past decade at 4.4% per year, significantly outpacing the national average. Current flat yields of 6.3% are substantially above the 10-year average of 4.9%, suggesting improving returns for landlords in recent years.
Income & Affordability Trends
Household incomes at £38,746 are close to the national average. Purchase affordability has tightened: the price-to-income ratio has risen from 9.3x in 2016 to 10.3x today, indicating homes have become somewhat less affordable relative to earnings over that period. Rental affordability has marginally improved, with the rent-to-income ratio falling from 29.3% to 28.8%.
Resident Demographic Profile
The area has a distinctly older population: those aged 50–64 make up nearly a quarter of residents (well above the 19.8% national average), and pensioners account for nearly 30% compared to 19.6% nationally. Conversely, younger age groups are notably underrepresented, particularly those aged 16–24 at only 7.3% versus 11.0% nationally. Outright home ownership is high at 44.1%, significantly above the 33.7% national figure. The employment mix skews towards managers (17.7% versus 13.4% nationally) and away from trades and elementary roles.