At a Glance
Average Property Price - CA26
£160,562
4
National percentile
Average Monthly Rent - CA
£661
3
National percentile
Average Net Household Income - CA26
£33,618
23
National percentile
Flat / Maisonette Yield - CA
5.3%
34
National percentile
10-Year Annualised Price Growth - CA26
2.6%
18
National percentile
10-Year Annualised Rent Growth - CA
3.1%
8
National percentile
Property Price & Volume Trends
The latest average property price stands at £161,000, placing it among the cheapest areas nationally. Over the past decade, prices have grown at 2.6% annually, a rate notably slower than the national average. Transaction activity has softened recently, with 52 sales recorded in the latest full year compared to a ten-year average of 65 per year.
Rent & Yield Trends
Average monthly rent in the broader CA area is £661, well below the national average. Over ten years, rents have grown at 3.1% annually, which is slower than the national pace. The flat yield currently stands at 5.3%, representing a marked improvement from the ten-year average of 4.5%, indicating a favourable shift for buy-to-let investors.
Income & Affordability Trends
Average household income is £34,000, substantially below the national average. The price-to-income ratio of 5.2x has worsened since 2016 (when it stood at 4.5x), reflecting that property has become less affordable relative to local earnings. Rental affordability has also deteriorated: the rent-to-income ratio has risen from 19.5% in 2016 to 20.5% today.
Resident Demographic Profile
The population skews older than average, with those aged 50–64 representing nearly a quarter of residents (compared to a national average of 19.8%) and over-65s also above average at 21.7%. Outright home ownership is notably high at 40.6%, well above the national norm. Private rented housing is substantially underrepresented at just 12.3%, whilst trades workers are overrepresented at 13.4% of the employment mix.