At a Glance
Average Property Price - CH6
£195,686
11
National percentile
Average Monthly Rent - CH
£855
27
National percentile
Average Net Household Income - CH6
£32,691
17
National percentile
Flat / Maisonette Yield - CH
5.2%
27
National percentile
10-Year Annualised Price Growth - CH6
3.3%
40
National percentile
10-Year Annualised Rent Growth - CH
3.8%
46
National percentile
Property Price & Volume Trends
The latest average property price in CH6 is £196,000, placing it among the cheapest nationally. Over the past decade, the area has seen annualised price growth of 3.3%, broadly in line with the national average. Transaction activity has fallen notably, with 179 sales in the latest year compared to a 10-year average of 239 per annum.
Rent & Yield Trends
Average monthly rent across the wider CH postcode is £855, below the national median. Rental growth over the past decade has run at 3.8% annually, slightly slower than the national pace. The flat yield currently stands at 5.2%, up from a 10-year average of 4.6%, signalling improving returns for landlords.
Income & Affordability Trends
Average net household income in CH6 is £33,000, well below the national average. The price-to-income ratio of 6.1x has deteriorated since 2016 (when it stood at 5.4x), making homes less affordable relative to earnings. Rental affordability has also edged backwards, with rent-to-income now at 24.5% compared to 24% in 2016.
Resident Demographic Profile
The area has a slightly above-average proportion of under-15s at 19.4%. Social rented housing is notably prominent at 26.5% of all tenure, well above the national figure of 16.5%, reflecting the area's older industrial character. Employment is heavily weighted towards trades (12.6%), plant and machine operation (14.8%), and elementary roles (14.9%), with professionals substantially underrepresented at just 11.1%.