At a Glance
Average Property Price - CA23
£160,964
4
National percentile
Average Monthly Rent - CA
£661
3
National percentile
Average Net Household Income - CA23
£33,706
23
National percentile
Flat / Maisonette Yield - CA
5.3%
34
National percentile
10-Year Annualised Price Growth - CA23
3.8%
58
National percentile
10-Year Annualised Rent Growth - CA
3.1%
8
National percentile
Property Price & Volume Trends
The latest average property price in CA23 is £161,000, placing it among the least expensive nationally. Over the past decade, prices have grown at 3.8% annually — a pace close to the national average. Transaction activity has slowed: only 18 properties changed hands in the latest full year, down from a 10-year annual average of 24, reflecting the smaller, more dispersed housing market typical of rural areas.
Rent & Yield Trends
Average monthly rent across the broader CA postcode area stands at £661, well below the national average. Rental growth over the past decade has been modest at 3.1% annually, among the slowest nationally. The flat yield has strengthened to 5.3%, up from a 10-year average of 4.5%, indicating improving rental returns — a potentially attractive position for buy-to-let investors in this low-price segment.
Income & Affordability Trends
Average net household income is £33,706, noticeably below the national average. The price-to-income ratio of 5.1x indicates reasonable purchase affordability on the surface, but this has deteriorated since 2016 (when it was 4.8x), suggesting property prices have outpaced wage growth. Rental affordability has also worsened: the rent-to-income ratio has risen from 19.5% to 20.5%, meaning renters now dedicate a slightly larger share of earnings to housing costs.
Resident Demographic Profile
The population skews notably older: those aged 50–64 represent nearly a quarter of residents (well above the national average of 19.8%), and the 65+ cohort is also elevated at 21.7%. Conversely, younger age groups are underrepresented, with 16–24s at just 8.9% compared to the national average of 11%. Housing tenure reflects strong owner-occupation: 40.7% own outright (above the 33.7% national average) and 27.6% own with a mortgage, while private rental remains limited at 12.2%. Employment is notably skewed towards trades (13.4%), plant and machine operation (10.6%), and caring roles (10.3%), reflecting the area's rural and service-based economy.