At a Glance
Average Property Price - CH61
£307,022
44
National percentile
Average Monthly Rent - CH
£855
27
National percentile
Average Net Household Income - CH61
£37,901
48
National percentile
Flat / Maisonette Yield - CH
5.2%
27
National percentile
10-Year Annualised Price Growth - CH61
4.5%
79
National percentile
10-Year Annualised Rent Growth - CH
3.8%
46
National percentile
Property Price & Volume Trends
The average property price of £307,000 sits slightly below the national midpoint. Over the past decade, the area has experienced notably strong price growth at 4.5% annually — among the fastest across the UK. Transaction activity last year fell to 210 sales, a decline from the 10-year average of 278 annually.
Rent & Yield Trends
Monthly rents average £855, placing the area well below the national average. Rental growth has been moderate at 3.8% per year, tracking close to the national pace. The flat yield currently stands at 5.2%, a meaningful improvement on the 10-year average of 4.6%, signalling strengthening returns for landlords.
Income & Affordability Trends
Average household income of £38,000 is broadly in line with the national average. The price-to-income ratio of 7.9x has risen noticeably since 2016 (6.5x), indicating that property has become less affordable relative to earnings over this period. Rental affordability has remained largely stable, with the rent-to-income ratio at 24.5% compared to 24% in 2016.
Resident Demographic Profile
The population skews notably older, with nearly 30% aged 65 and over — well above the national average of 20%. The 16–24 age group is notably underrepresented at 7%, compared to 11% nationally. Housing tenure reflects strong outright ownership at nearly half of all homes, with mortgage ownership also elevated; private renting is minimal at 10%. The professional workforce is above average at 26%, while elementary workers are underrepresented.