At a Glance
Average Property Price - CF24
£282,848
37
National percentile
Average Monthly Rent - CF
£950
41
National percentile
Average Net Household Income - CF24
£32,358
16
National percentile
Flat / Maisonette Yield - CF
5.2%
28
National percentile
10-Year Annualised Price Growth - CF24
5.9%
96
National percentile
10-Year Annualised Rent Growth - CF
4.8%
90
National percentile
Property Price & Volume Trends
The average property price in CF24 is £283,000, which sits below the national average. However, the district has experienced notably strong price growth over the past decade, with annual growth of 5.9% — among the fastest nationally. Transaction volumes have softened recently, with 440 sales in the latest year compared to a 10-year average of 570 per year.
Rent & Yield Trends
Average monthly rent across the broader CF postcode area is £950, slightly below the national median. Rents have grown at 4.8% annually over ten years, which is well above the national average. The flat yield currently stands at 5.2%, up from a 10-year average of 4.5%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income in CF24 is £32,358, notably below the national average. The price-to-income ratio of 6.8x has improved since 2016 (when it stood at 7.0x), suggesting modest gains in purchase affordability despite flat price growth relative to income. Rental affordability has also improved slightly, with the rent-to-income ratio falling from 26.4% in 2016 to 26% today.
Resident Demographic Profile
CF24 has a distinctly young demographic profile, with over 30% of residents aged 16–24 — nearly three times the national average — reflecting its appeal as a student and early-career destination. The 65+ age group represents just 7.4%, well below the national figure of 19.6%. Housing tenure is heavily skewed towards private renting, which accounts for 44.2% of households compared to the national average of 21.7%, while owner-occupancy (both outright and mortgaged) is substantially lower at 35.8% versus the national 60.7%. Professionally employed workers are slightly above average at 23.8%, but the employment mix is otherwise fairly balanced.