At a Glance
Average Property Price - CH47
£371,473
61
National percentile
Average Monthly Rent - CH
£855
27
National percentile
Average Net Household Income - CH47
£39,572
56
National percentile
Flat / Maisonette Yield - CH
5.2%
27
National percentile
10-Year Annualised Price Growth - CH47
4.2%
73
National percentile
10-Year Annualised Rent Growth - CH
3.8%
46
National percentile
Property Price & Volume Trends
The average property price in CH47 is £371,000, placing it slightly above the national midpoint. Over the past decade, prices have grown at 4.2% annually—a solid rate that puts the area in the faster-growing half of UK markets nationally. Transaction volumes remain healthy at 179 sales in the latest full year, close to the long-term average of 197 per year, indicating steady market demand.
Rent & Yield Trends
Average monthly rent in the broader CH postcode area stands at £855, well below the national average, reflecting the area's affordable rental market. Over ten years, rents have grown at 3.8% per annum, a pace in line with the national trend. Rental yields have improved notably, rising to 5.2% in the latest year from a ten-year average of 4.6%, signalling strengthening returns for landlords.
Income & Affordability Trends
Average household income of £39,572 sits slightly above the national median. Purchase affordability has tightened: the price-to-income ratio has risen from 8.6x in 2016 to 9.3x today, indicating property values have outpaced income growth. Rental affordability has remained stable, with rent-to-income ratios holding steady at around 24–24.5% over the same period.
Resident Demographic Profile
CH47 has a notably older population profile: over a quarter are aged 65 and above, and over half are aged 50 or above—both well above national averages. The working-age population (16–49) is correspondingly smaller. Housing tenure shows strong ownership patterns: 44.8% own outright and a further 33.1% own with a mortgage, reflecting the area's appeal to established households. The employment mix is skewed towards professional and managerial roles (27.8% and 15.1% respectively), significantly above national averages, with fewer workers in elementary, trades, and plant/machine roles.