At a Glance
Average Property Price - B72
£386,208
64
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B72
£46,188
79
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B72
4.1%
69
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price of £386,000 sits above the national midpoint, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 4.1% annually—a solid rate that exceeds national average growth. However, transaction activity has softened: 128 sales in the latest full year fall short of the 10-year average of 156, suggesting a cooler market.
Rent & Yield Trends
Average monthly rents of £1,056 are close to the national middle point, neither cheap nor expensive. Rent growth over the past decade has been notably strong at 4.4% annually, outpacing most UK markets. Flat yield stands at 6.3%, meaningfully above its 10-year average of 4.9%, reflecting improved rental returns in recent times.
Income & Affordability Trends
Net household income of £46,000 is well above the national average, placing the area among the most affluent nationally. The price-to-income ratio of 7.9x has improved slightly since 2016 (8.0x), indicating marginal gains in purchase affordability despite rising prices. Rental affordability has also improved: the rent-to-income ratio has eased from 29.3% in 2016 to 28.8% today, suggesting rent is taking a slightly smaller share of household earnings.
Resident Demographic Profile
B72 skews significantly older than the nation: those aged 50–64 account for 21.3% (against 19.8% nationally) and pensioners aged 65+ represent 24.2% (versus 19.6%), reflecting a mature, retirement-age-leaning population. Young adults aged 16–24 are notably underrepresented at just 8.3% compared to 11.0% nationally. Housing tenure is strongly owner-occupied: 43.5% own outright and 34.7% own with mortgage, totalling 78.2%—far exceeding the 60.7% national owner-occupation rate. The employment mix is distinctly professional and managerial: professionals make up 32.5% (well above the 20.5% national average) and managers 19% (versus 13.4%), whilst trades (5.9%) and elementary roles (5.2%) are significantly underrepresented.