At a Glance
Average Property Price - CH49
£253,376
29
National percentile
Average Monthly Rent - CH
£855
27
National percentile
Average Net Household Income - CH49
£35,689
36
National percentile
Flat / Maisonette Yield - CH
5.2%
27
National percentile
10-Year Annualised Price Growth - CH49
4.5%
80
National percentile
10-Year Annualised Rent Growth - CH
3.8%
46
National percentile
Property Price & Volume Trends
The average property price of £253,000 sits below the national average. Over the past decade, the district has experienced robust price growth of 4.5% annually—among the strongest nationally. Transaction activity has eased slightly, with 362 sales in the latest year compared to a 10-year average of 440, suggesting a moderately quieter market.
Rent & Yield Trends
Average monthly rent of £855 is below the national average. Rental growth over the past decade has been steady at 3.8% annually, tracking close to the national pace. The flat yield currently stands at 5.2%, notably higher than its 10-year average of 4.6%, indicating a meaningful improvement in rental returns in recent times.
Income & Affordability Trends
Average household income of £36,000 sits modestly below the national midpoint. The price-to-income ratio of 6.9x has deteriorated since 2016 (then 5.7x), reflecting faster house price growth than wage gains and a tightening of purchase affordability. Rental affordability has remained broadly stable, with the rent-to-income ratio at 24.5% versus 24% in 2016.
Resident Demographic Profile
The population skews notably older, with over a quarter aged 65 and above—well above the national average of 19.6%—and only 8.1% aged 16–24, below the national norm. Housing tenure reflects an affluent, owner-occupied profile: 41.3% own outright and 31.2% own with a mortgage, both well above national averages, while private renting at 12.5% is markedly lower. The employment mix shows a slight skew towards caring professions at 11.6% and administrative roles at 10.8%, with fewer people in elementary occupations (8.2%) than nationally.