Property trends for CH44

The average property price of £165,000 sits well below the national average, placing it among the most affordable areas in the UK. Over the past decade, prices have grown at 5.3% per year—significantly faster than the national average, showing consistent upward momentum. Transaction volumes have remained stable, with 357 sales in the latest year compared to a 10-year average of 367, indicating steady but not exceptional demand.

Average monthly rent of £855 is noticeably below the national average, reflecting the area's affordability. Rent growth over the past decade has been moderate at 3.8% per year, broadly in line with national trends. The flat yield stands at 5.2%, which is an improvement on the 10-year average of 4.6%, suggesting rental returns have strengthened recently.

Average household income of £30,431 is significantly below the national average, placing the area among the lowest-earning regions in the UK. The price-to-income ratio of 4.9x has worsened since 2016 (when it stood at 4.2x), indicating that property prices have outpaced local wage growth and affordability has tightened. Rental affordability has remained relatively stable, with rent-to-income currently at 24.5% compared to 24% in 2016.

The area has a notably higher proportion of children under 15 (21% against the national 17.5%) and a slightly lower share of young adults aged 16–24 (10% against 11%). Private rented housing is unusually prevalent at 30%, well above the national average of 22%, while outright ownership is below average at 26%. The employment mix is distinctive: caring professions are significantly overrepresented at 14% (versus 9% nationally), as are elementary occupations at 12.5%, whilst professional roles and managerial positions are notably underrepresented.