At a Glance
Average Property Price - CA1
£163,848
5
National percentile
Average Monthly Rent - CA
£661
3
National percentile
Average Net Household Income - CA1
£30,489
9
National percentile
Flat / Maisonette Yield - CA
5.3%
34
National percentile
10-Year Annualised Price Growth - CA1
3.8%
60
National percentile
10-Year Annualised Rent Growth - CA
3.1%
8
National percentile
Property Price & Volume Trends
The average property price in CA1 is £164,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 3.8% annually, slightly above the national median rate of growth. Transaction activity has softened in recent years, with 343 sales in the latest full year compared to a ten-year average of 444, suggesting a moderately cooling market.
Rent & Yield Trends
Average monthly rent stands at £661, well below the national norm and among the cheapest rental markets in the country. Rent growth over the past decade has been modest at 3.1% per year, significantly slower than the national average. The flat yield currently sits at 5.3%, notably higher than its ten-year average of 4.5%, indicating improved returns for landlords despite the modest rent levels.
Income & Affordability Trends
Household income in CA1 averages £30,489 per year, substantially below the national average and among the lowest regionally. The price-to-income ratio of 5.0x suggests reasonable purchase affordability, though this has deteriorated since 2016 when it stood at 4.4x, reflecting slower income growth relative to house prices. Rental affordability has also tightened: the rent-to-income ratio has risen from 19.5% in 2016 to 20.5% today, indicating a gradual squeeze on renters' budgets.
Resident Demographic Profile
The population is notably skewed towards older age groups, with those aged 50–64 and 65+ representing 38% of residents compared to 39.4% nationally; conversely, the under-15 cohort at 16.7% is slightly below the national average of 17.5%. The housing tenure profile shows a markedly higher share of private renters at 25.6% versus 21.7% nationally, suggesting a more transient population. The employment mix is heavily weighted towards elementary occupations at 14.4% and plant/machine roles at 13.2%, both well above national averages, whilst professional-level employment at 14.1% is significantly underrepresented against the national figure of 20.5%.