At a Glance
Average Property Price - CA8
£265,303
32
National percentile
Average Monthly Rent - CA
£661
3
National percentile
Average Net Household Income - CA8
£34,481
29
National percentile
Flat / Maisonette Yield - CA
5.3%
34
National percentile
10-Year Annualised Price Growth - CA8
3.2%
35
National percentile
10-Year Annualised Rent Growth - CA
3.1%
8
National percentile
Property Price & Volume Trends
The average property price in CA8 is £265,303, placing it below the national average. Over the past decade, prices have grown at an annualised rate of 3.2%, slightly below the national trend. Transaction activity has softened in recent years, with 119 sales in the latest full year compared to a 10-year average of 165, reflecting typical patterns for quieter rural markets.
Rent & Yield Trends
Average monthly rent in the broader CA area stands at £661, among the lowest nationally. Rents have grown at 3.1% annually over ten years, slower than the national pace. The flat yield currently stands at 5.3%, an improvement from the 10-year average of 4.5%, indicating strengthening rental returns for investors.
Income & Affordability Trends
Average household income in CA8 is £34,481, below the national average. The price-to-income ratio of 7.3x has risen from 6.5x in 2016, signalling that property purchase affordability has deteriorated over the past eight years. Similarly, rent-to-income ratio has increased from 19.5% to 20.5%, indicating rental affordability has also tightened.
Resident Demographic Profile
The population is notably aged, with over a quarter aged 65 and above compared to a national average of just under 20%, whilst under-15s at 14.4% fall well below the national average of 17.5%. Owner-occupation is exceptionally strong at 71% (outright plus mortgaged), significantly above the national figure of 61%, reflecting an established, rooted community. Employment is weighted towards trades at 16.2% against a national average of 10.5%, consistent with rural heritage and construction-related work.