At a Glance
Average Property Price - CH5
£226,740
20
National percentile
Average Monthly Rent - CH
£855
27
National percentile
Average Net Household Income - CH5
£35,185
32
National percentile
Flat / Maisonette Yield - CH
5.2%
27
National percentile
10-Year Annualised Price Growth - CH5
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 CH5 is £227,000, placing it well below the national average and among the most affordable districts nationally. Over the past decade, prices have grown at 3.6% annually — exactly in line with the broader UK trend. Transaction activity has slowed: 456 sales were recorded in the latest full year, compared to a 10-year average of 583, reflecting softer recent market momentum.
Rent & Yield Trends
Average monthly rent stands at £855, modestly below the national average. Rental growth has been steady at 3.8% per year over the past decade, slightly slower than the national pace. The flat yield currently sits at 5.2%, notably above its 10-year average of 4.6%, indicating improving returns for landlords as rents rise relative to property values.
Income & Affordability Trends
Average net household income is £35,185, in the lower third nationally. The price-to-income ratio of 5.9x suggests reasonable purchase affordability for local earners, though this has drifted slightly from 5.8x in 2016. Rental affordability has also tightened marginally: the rent-to-income ratio stands at 24.5%, up from 24% in 2016, meaning tenants now spend a slightly larger share of earnings on housing.
Resident Demographic Profile
The age profile is slightly skewed towards older residents: those aged 50–64 make up 21.2% of the population, above the national average of 19.8%, while young adults aged 16–24 are proportionately fewer at 9% compared to 11% nationally. Housing tenure reflects strong owner-occupation: 36.1% own outright and 32.3% own with a mortgage, together significantly above national averages. The employment mix is notably weighted towards manual and industrial work: plant and machine operatives account for 12.6% (well above the national 6.6%), trades for 11.2%, and elementary roles for 13.5%, whilst professionals represent only 14.6%, below the national 20.5%.