At a Glance
Average Property Price - CA2
£163,033
5
National percentile
Average Monthly Rent - CA
£661
3
National percentile
Average Net Household Income - CA2
£30,221
8
National percentile
Flat / Maisonette Yield - CA
5.3%
34
National percentile
10-Year Annualised Price Growth - CA2
2.6%
18
National percentile
10-Year Annualised Rent Growth - CA
3.1%
8
National percentile
Property Price & Volume Trends
The average property price of £163,000 is among the cheapest nationally. Over the past decade, prices have grown by 2.6% per year—below the national average rate of growth. Transaction volume has declined from a 10-year average of 721 sales per year to 590 in the latest full year.
Rent & Yield Trends
Average monthly rent of £661 is among the lowest in the UK. Rent has grown at 3.1% per year over the past decade, which is below the national average pace. The flat yield has improved to 5.3%, above its 10-year average of 4.5%, reflecting stronger returns for landlords in recent years.
Income & Affordability Trends
Average household income of £30,221 is well below the national average, placing the area among the lowest-earning districts. The price-to-income ratio of 4.9x remains unchanged since 2016, suggesting purchase affordability has held steady relative to local earnings. Rental affordability has tightened: the rent-to-income ratio has risen from 19.5% to 20.5% over the same period, indicating a larger share of household income now goes to rent.
Resident Demographic Profile
The working-age population is slightly skewed towards older age groups, with those aged 50–64 representing 20.4% (above the national 19.8%) and the 16–24 cohort notably underrepresented at 9.9% against the national 11.0%. Employment is heavily weighted towards manual and elementary work: plant and machinery operatives (13.5%) and elementary roles (14.0%) are both well above national levels, whilst professionals (13.1%) and managers (8.7%) are below average. Housing tenure is broadly in line with national patterns, though social rented accommodation at 17.8% is slightly elevated.
