At a Glance
Average Property Price - CA3
£220,649
18
National percentile
Average Monthly Rent - CA
£661
3
National percentile
Average Net Household Income - CA3
£33,461
22
National percentile
Flat / Maisonette Yield - CA
5.3%
34
National percentile
10-Year Annualised Price Growth - CA3
2.7%
20
National percentile
10-Year Annualised Rent Growth - CA
3.1%
8
National percentile
Property Price & Volume Trends
The current average property price of £221,000 sits well below the national average, placing it among the most affordable districts nationally. Over the past decade, prices have grown at 2.7% annually—a notably slower pace than the UK average. Transaction activity has slowed from its historical trend, with 244 sales in the latest year compared to an average of 317 over the preceding ten years.
Rent & Yield Trends
Average monthly rent of £661 is among the cheapest in the UK, reflecting the area's lower cost of living. Rental growth at 3.1% annually has been subdued relative to national trends. The flat yield has recovered to 5.3%, now noticeably above its ten-year average of 4.5%, signalling improving rental returns for investors.
Income & Affordability Trends
Average household income of £33,461 is below the national average, placing the area in the lower-middle income band nationally. The price-to-income ratio of 6.3x has drifted upward since 2016 (6.0x), indicating that property affordability for buyers has tightened slightly. Rental affordability has also weakened, with rent-to-income rising from 19.5% to 20.5%, meaning tenants now spend a larger share of income on housing.
Resident Demographic Profile
The population skews notably older than average, with over-65s representing 21.8% compared to the national average of 19.6%, and those aged 50–64 at 21.4% versus 19.8% nationally. Outright home ownership is above average at 38.6%, reflecting an older, more settled demographic. Employment is concentrated in elementary roles (11.1%) and plant/machine work (10.5%), both above national figures, while professional employment is slightly below the UK average at 18.2%.