At a Glance
Average Property Price - CA21
£265,584
32
National percentile
Average Monthly Rent - CA
£661
3
National percentile
Average Net Household Income - CA21
£36,830
43
National percentile
Flat / Maisonette Yield - CA
5.3%
34
National percentile
10-Year Annualised Price Growth - CA21
4.1%
69
National percentile
10-Year Annualised Rent Growth - CA
3.1%
8
National percentile
Property Price & Volume Trends
The average property price of £266,000 sits below the national average, reflecting relatively affordable housing for the north-west. Over the past decade, prices have grown at 4.1% annually—a pace somewhat faster than the national norm. Transaction volumes have remained steady, with 12 sales in the latest full year compared to a long-term average of 13 per year.
Rent & Yield Trends
Rental costs are exceptionally low at £661 per month, placing the area among the most affordable for tenants nationally. Rent growth over ten years has been modest at 3.1% per annum, below the national trajectory. The current flat yield of 5.3% is notably higher than its ten-year average of 4.5%, suggesting improved returns for landlords in recent times.
Income & Affordability Trends
Average household income of £37,000 is slightly below the national median. Purchase affordability has deteriorated markedly: the price-to-income ratio has risen from 5.4x in 2016 to 7.8x today, indicating that buyers now face considerably greater leverage relative to earnings. Rental affordability has also declined modestly, with the rent-to-income ratio rising from 19.5% to 20.5% over the same period.
Resident Demographic Profile
The population is notably aged, with nearly three in ten residents aged 65 and over—far above the national average of one in five—and fewer than one in six under 15. The 50–64 age group is also overrepresented at 26% versus 20% nationally. Housing tenure is heavily weighted towards outright ownership at 54%, nearly double the national share, with very little private rental stock. The employment profile shows a stronger-than-average presence of trades workers at 16% and technical roles at 15%, alongside slightly elevated professional employment, reflecting a mix of skilled manual and service sectors.