At a Glance
Average Property Price - CH62
£217,517
17
National percentile
Average Monthly Rent - CH
£855
27
National percentile
Average Net Household Income - CH62
£35,132
32
National percentile
Flat / Maisonette Yield - CH
5.2%
27
National percentile
10-Year Annualised Price Growth - CH62
3.4%
43
National percentile
10-Year Annualised Rent Growth - CH
3.8%
46
National percentile
Property Price & Volume Trends
The latest average property price in CH62 is £218,000, placing it among the cheaper areas nationally. Over the past decade, prices have grown by 3.4% annually—slightly below the UK average pace. Transaction volumes have softened, with 437 sales in the latest full year compared to a 10-year average of 488 per year.
Rent & Yield Trends
Average monthly rent across the broader CH postcode area stands at £855, below the national median. Rental growth over ten years has been moderate at 3.8% annually, slightly above the UK pace. Flat yields currently sit at 5.2%, a meaningful increase from the 10-year average of 4.6%, reflecting improving returns for landlords.
Income & Affordability Trends
Average household income in CH62 is £35,132, notably below the national average. The price-to-income ratio of 6.0x has deteriorated since 2016 (when it was 5.4x), signalling reduced purchase affordability despite modest price growth. Rental affordability has barely changed, with rents consuming 24.5% of household income compared to 24% in 2016.
Resident Demographic Profile
The population skews slightly older, with 20.3% aged 65 and over compared to the national average of 19.6%, and noticeably fewer young adults aged 16–24 at 8.7% versus 11% nationally. Housing tenure shows a higher proportion of owner-occupiers with mortgages (32.5% versus 27% nationally) and notably fewer private renters (15.6% versus 21.7%). The employment mix is distinctive for a stronger than average presence in caring professions at 11.4%, with proportionally fewer managers and professionals than the UK average.