At a Glance
Average Property Price - CH48
£426,233
72
National percentile
Average Monthly Rent - CH
£855
27
National percentile
Average Net Household Income - CH48
£42,066
66
National percentile
Flat / Maisonette Yield - CH
5.2%
27
National percentile
10-Year Annualised Price Growth - CH48
3.7%
57
National percentile
10-Year Annualised Rent Growth - CH
3.8%
46
National percentile
Property Price & Volume Trends
The latest average property price in CH48 is £426,000, placing it among the more expensive districts nationally. Annual price growth over the past decade has averaged 3.7%, which is broadly in line with the national trend. Transaction activity has softened recently, with 217 sales in the latest full year compared to a 10-year average of 264—a decline of around 18%.
Rent & Yield Trends
Average monthly rent in the broader CH postcode area stands at £855, which is notably below the national average. Rental growth over the past decade has averaged 3.8% annually, slightly below the national pace. The rental yield has improved to 5.2% in the latest year from a 10-year average of 4.6%, reflecting the relatively attractive returns available to landlords in this area.
Income & Affordability Trends
Average net household income of £42,066 is above the national average. The price-to-income ratio of 11.0x indicates that affordability has worsened materially since 2016, when the ratio stood at 8.8x. Rental affordability has remained essentially flat, with the rent-to-income ratio at 24.5% compared to 24% in 2016.
Resident Demographic Profile
The population is notably older than the national average, with those aged 65 and over representing 28.4% of residents—well above the 19.6% national figure—while younger adults aged 16–24 and 25–34 are significantly under-represented. Housing tenure is heavily weighted toward owner-occupation, with 48% owning outright and 31% with a mortgage, compared to national figures of 33.7% and 27.0%; private rental is correspondingly lower at 14.5%. The employment profile is heavily skewed toward professionals (30.8%) and managers (17.2%), both well above national averages, while trades and elementary occupations are notably sparse.