At a Glance
Average Property Price - CA28
£186,306
9
National percentile
Average Monthly Rent - CA
£661
3
National percentile
Average Net Household Income - CA28
£33,429
22
National percentile
Flat / Maisonette Yield - CA
5.3%
34
National percentile
10-Year Annualised Price Growth - CA28
3.2%
35
National percentile
10-Year Annualised Rent Growth - CA
3.1%
8
National percentile
Property Price & Volume Trends
The latest average property price in CA28 is £186,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 3.2% annually—a pace below the national average, reflecting the area's modest market momentum. Transaction activity last year recorded 404 sales, slightly down from the ten-year average of 466, indicating steady but not buoyant demand.
Rent & Yield Trends
Average monthly rent across the broader CA postcode area is £661, well below the national average and among the lowest in the country. Rental growth over ten years has averaged 3.1% annually, also substantially slower than the national pace. The flat yield currently stands at 5.3%, meaningfully above its ten-year average of 4.5%, reflecting improved returns for landlords as rents have tightened relative to property values.
Income & Affordability Trends
Average net household income in CA28 is £33,429, notably below the national average and placing the area in the lower income quartile. The price-to-income ratio stands at 4.9x, having worsened from 4.6x in 2016, indicating that property prices have outpaced income growth over the period. Rental affordability has also deteriorated: the rent-to-income ratio has risen to 20.5% from 19.5% since 2016, suggesting a modest but notable squeeze on renters' budgets.
Resident Demographic Profile
The age profile skews noticeably older than the national average, with 21.4% aged 65 and above (compared to the national 19.6%) and 22.4% aged 50–64 (versus 19.8% nationally). Housing tenure shows a marked preference for outright ownership, at 37.4% compared to the national 33.7%, though mortgaged ownership is also above average at 30.1%. The employment mix is distinctive for its high proportion in trades (12.5% versus 10.5% nationally) and elementary occupations (12.5% versus 10.2% nationally), while professional roles are notably underrepresented at 17.5% against the national 20.5%.