At a Glance
Average Property Price - CF3
£279,065
36
National percentile
Average Monthly Rent - CF
£950
41
National percentile
Average Net Household Income - CF3
£34,935
31
National percentile
Flat / Maisonette Yield - CF
5.2%
28
National percentile
10-Year Annualised Price Growth - CF3
4.7%
84
National percentile
10-Year Annualised Rent Growth - CF
4.8%
90
National percentile
Property Price & Volume Trends
The average property price of £279,065 sits below the national average. However, the area has experienced strong price growth over the past decade, with 4.7% annualised gains significantly outpacing the national average. Transaction activity has softened recently, with 499 sales in the latest full year compared to a 10-year average of 661 annually.
Rent & Yield Trends
Average monthly rent of £950 is slightly below the national midpoint. Rental growth has been robust at 4.8% annualised—among the fastest nationally. The flat yield currently stands at 5.2%, above its 10-year average of 4.5%, reflecting improved returns for investors over recent years.
Income & Affordability Trends
Average household income of £35,000 is notably below the national average. The price-to-income ratio of 7.7x has risen since 2016 (6.8x), indicating that property has become less affordable relative to local earnings. Rental affordability has modestly improved: the rent-to-income ratio has eased slightly from 26.4% to 26%, suggesting rents remain a substantial but stable claim on household budgets.
Resident Demographic Profile
The area has a notably younger profile than the nation as a whole, with 22% of residents under 15—well above the 17.5% national average. Social rented housing is significantly more prevalent at 23.3% compared to the national figure of 16.5%, and owner-occupation with a mortgage is stronger at 32.7% versus 27.0%. The employment mix shows a notably higher proportion in caring occupations at 10.9% against a national average of 9.2%, alongside stronger representation in administrative and sales roles.