At a Glance
Average Property Price - CH2
£311,910
46
National percentile
Average Monthly Rent - CH
£855
27
National percentile
Average Net Household Income - CH2
£38,815
53
National percentile
Flat / Maisonette Yield - CH
5.2%
27
National percentile
10-Year Annualised Price Growth - CH2
3.6%
50
National percentile
10-Year Annualised Rent Growth - CH
3.8%
46
National percentile
Property Price & Volume Trends
The average property price in CH2 is £312,000, which is close to the national midpoint. Over the past decade, prices have grown at 3.6% per year—in line with the national average, suggesting stable but unspectacular appreciation. Transaction activity has softened slightly: 473 sales were recorded in the latest full year, down from a 10-year average of 543 per year.
Rent & Yield Trends
Average monthly rent in the wider CH area stands at £855, which is below the national average, reflecting more affordable housing costs. Rental growth has been modest at 3.8% annually over the past ten years—marginally below the national pace. The flat yield of 5.2% in the latest year sits above its 10-year average of 4.6%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £39,000 is slightly above the national midpoint. Purchase affordability has tightened: the price-to-income ratio has risen from 6.8x in 2016 to 7.9x today, meaning property has become harder to buy relative to earnings. Rental affordability remains stable, with the rent-to-income ratio at 24.5%, almost unchanged from 24% in 2016.
Resident Demographic Profile
The population is notably older than average, with 20.5% aged 65 or over compared to the national figure of 19.6%, and fewer residents aged under 15 (15.2% versus 17.5% nationally). The workforce skews towards professional occupations, with 25.5% in professional roles well above the national average of 20.5%, while trades employment is significantly underrepresented at 8.3% against the national norm of 10.5%.