At a Glance
Average Property Price - CA15
£168,932
6
National percentile
Average Monthly Rent - CA
£661
3
National percentile
Average Net Household Income - CA15
£29,060
6
National percentile
Flat / Maisonette Yield - CA
5.3%
34
National percentile
10-Year Annualised Price Growth - CA15
2.9%
27
National percentile
10-Year Annualised Rent Growth - CA
3.1%
8
National percentile
Property Price & Volume Trends
The latest average property price in CA15 is £169,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 2.9% annually—below the national average pace. Transaction activity has slowed modestly; the latest year saw 204 sales against a 10-year average of 232, suggesting a quieter but steady market.
Rent & Yield Trends
Average monthly rent in the broader CA postcode area stands at £661, well below the national average. Rent growth over ten years has been measured at 3.1% annually, in the slower half of the national distribution. The flat yield has improved to 5.3% in the latest year from a 10-year average of 4.5%, reflecting strong recent rental returns relative to the wider trend.
Income & Affordability Trends
Average household income is £29,060, significantly below the national average. The price-to-income ratio of 5.4x has worsened since 2016 (when it stood at 5.0x), indicating that house prices have grown faster than local earnings. Rental affordability has also tightened; the rent-to-income ratio has risen from 19.5% in 2016 to 20.5% today.
Resident Demographic Profile
The population skews older than the national average, with 22.3% aged 50–64 and 23.1% aged 65 and over, compared to national figures of 19.8% and 19.6% respectively. Housing tenure is notably distinctive: outright ownership at 39.3% is well above the national 33.7%, whilst social rented housing at 22.7% is significantly higher than the national 16.5%. The employment mix reflects the area's industrial heritage, with trades occupations at 17.2% (well above the 10.5% national average) and plant/machine operation at 11.7% (above the national 6.6%), whilst professional occupations at 13.1% sit well below the national 20.5%.