At a Glance
Average Property Price - CB3
£752,545
95
National percentile
Average Monthly Rent - CB
£1,428
77
National percentile
Average Net Household Income - CB3
£40,054
58
National percentile
Flat / Maisonette Yield - CB
4.8%
16
National percentile
10-Year Annualised Price Growth - CB3
1.4%
5
National percentile
10-Year Annualised Rent Growth - CB
3.9%
53
National percentile
Property Price & Volume Trends
At £753,000, CB3 is among the most expensive postcodes nationally, placing in the top 5 per cent. However, the district has experienced notably weak price growth over the past decade, with annualised gains of just 1.4 per cent—among the slowest nationally. Transaction activity has softened, with 133 sales in the latest full year against a 10-year average of 160, suggesting moderating demand.
Rent & Yield Trends
Average monthly rents of £1,428 sit above the national median and reflect the wider CB postcode's position in the upper third of rental markets. Rental growth has been steady at 3.9 per cent annualised—in line with the national pace. Yields have strengthened noticeably, rising to 4.8 per cent from a 10-year average of 3.9 per cent, indicating a more attractive return for landlords despite the stalled capital growth.
Income & Affordability Trends
Household incomes average £40,054, marginally above the national median and reflecting the area's professional character. The purchase affordability picture has deteriorated materially: the price-to-income ratio has widened from 14.9x in 2016 to 17.1x today, making entry significantly harder for owner-occupiers. Rental affordability has also worsened, with the rent-to-income ratio rising from 28.1 per cent to 32.5 per cent, consuming a larger share of household budgets.
Resident Demographic Profile
CB3 is distinctly youthful, with a quarter of residents aged 16–24—more than double the national average—and notably fewer residents aged 65 and over (11.7 per cent versus 19.6 nationally), reflecting its strong student presence. The workforce is heavily skewed towards professionals, who make up 38.9 per cent of employment—almost double the national figure—underscoring the area's university and knowledge economy focus. Trades and elementary occupations are significantly underrepresented, while private renting is slightly elevated, consistent with high young adult populations.