At a Glance
Average Property Price - CF38
£260,357
31
National percentile
Average Monthly Rent - CF
£950
41
National percentile
Average Net Household Income - CF38
£38,906
53
National percentile
Flat / Maisonette Yield - CF
5.2%
28
National percentile
10-Year Annualised Price Growth - CF38
4.1%
69
National percentile
10-Year Annualised Rent Growth - CF
4.8%
90
National percentile
Property Price & Volume Trends
The latest average property price in CF38 is £260,000, placing it below the national average. Over the past decade, the district has seen prices grow by 4.1% annually—a pace slightly above the national trend. Transaction volumes have slowed notably: 224 sales were recorded in the latest full year, compared to an average of 351 per year over the previous ten years, reflecting reduced market activity.
Rent & Yield Trends
Average monthly rent in the wider CF postcode area is £950, which sits around the middle of the national range. Rental growth has been notably strong, rising 4.8% annually over ten years—well above typical growth rates seen nationally. The current rental yield stands at 5.2%, a meaningful improvement on the ten-year average of 4.5%, indicating strengthening returns for landlords.
Income & Affordability Trends
Average household income in CF38 is £38,906, broadly in line with the national median. The price-to-income ratio has moved from 5.9x in 2016 to 6.5x today, meaning homes have become less affordable relative to local earnings. Rental affordability has improved slightly: the rent-to-income ratio has dropped from 26.4% in 2016 to 26% currently, a marginal gain for renters.
Resident Demographic Profile
The population skews older than average, with 20.2% aged 65 and over (compared to 19.6% nationally) and notably fewer younger adults aged 16–24 (8.8% versus 11.0% nationally). Housing tenure reflects a distinctly owner-occupied profile: 41.1% own their homes outright and 39.3% own with a mortgage, together accounting for 80.4%—well above the national owner-occupation rate of 60.7%. The employment mix is broadly stable, though the district has slightly stronger representation in technical roles (13.7%) and a somewhat smaller elementary workforce (7.7%).