At a Glance
Average Property Price - CB21
£500,830
80
National percentile
Average Monthly Rent - CB
£1,428
77
National percentile
Average Net Household Income - CB21
£49,689
88
National percentile
Flat / Maisonette Yield - CB
4.8%
16
National percentile
10-Year Annualised Price Growth - CB21
2.1%
9
National percentile
10-Year Annualised Rent Growth - CB
3.9%
53
National percentile
Property Price & Volume Trends
The latest average property price in CB21 is £501,000, placing it among the most expensive districts nationally. However, annual price growth over the past decade has averaged just 2.1%, which is among the slowest-growing areas in the country. Transaction volumes have remained relatively stable, with 192 sales in the latest full year compared to a 10-year average of 202, suggesting steady but unremarkable market activity.
Rent & Yield Trends
Average monthly rents in the broader CB postcode area stand at £1,428, positioning the area above the national average. Rental growth over the past decade has averaged 3.9% per year, broadly in line with the national trend. The flat yield has improved notably, rising from 3.9% on average over the past decade to 4.8% in the latest year, reflecting the rental market's outpace of capital values.
Income & Affordability Trends
Average household incomes in CB21 are notably high at £49,689, among the highest nationally. However, purchase affordability has deteriorated; the price-to-income ratio has widened from 9.3x in 2016 to 10.8x today, indicating prices have grown faster than local incomes. Rental affordability has similarly weakened, with the rent-to-income ratio rising from 28.1% to 32.5% over the same period.
Resident Demographic Profile
The area skews notably older than the national average, with 22.5% aged 65 and over compared to 19.6% nationally, and those aged 16–24 significantly underrepresented at 8.3%. Housing tenure is weighted heavily toward outright ownership (39.1% vs 33.7% nationally), reflecting the age profile and affluence. The employment structure is dominated by professionals at 30.1%, nearly 50% above the national figure of 20.5%, with trades, elementary, and plant/machine roles all well below national proportions.