At a Glance
Average Property Price - CM1
£436,548
73
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM1
£36,171
39
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM1
3.8%
58
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The average property price of £437,000 places CM1 among the most expensive postcode districts nationally. Over the past decade, prices have grown at 3.8% per annum, which is close to the national average. Transaction activity has cooled noticeably: last year saw 849 sales compared to a 10-year average of 1,068, a decline of about 20%.
Rent & Yield Trends
Monthly rents average £1,413, positioning the area among the most expensive nationally for rental costs. Rent growth over ten years has been 4.2% annually, slightly outpacing the national trend. The flat yield has improved to 5.6%, up from a 10-year average of 4.6%, reflecting stronger rental returns relative to property values.
Income & Affordability Trends
Average household income of £36,171 is below the national average, placing the area in the lower-middle income band. The price-to-income ratio has deteriorated significantly: it now stands at 11.8x compared to 8.1x in 2016, indicating that property affordability has weakened considerably over this period. Rental affordability has similarly declined, with the rent-to-income ratio rising from 27.6% to 31.5%.
Resident Demographic Profile
The population skews towards working-age families: the 35–49 age group is notably overrepresented at 21.1% versus the national 18.7%, while young adults aged 16–24 are underrepresented at 9.1% compared to 11.0% nationally. Housing tenure shows a strong bias towards ownership: 34.7% own with a mortgage and 34.6% own outright, reflecting above-average homeownership; conversely, private renting at 14.8% is well below the national 21.7%. The employment profile is skewed towards professional and managerial roles: professionals account for 24.1% (versus 20.5% nationally) and managers for 14.3% (versus 13.4%), while skilled trades at 8.6% are underrepresented relative to the 10.5% national figure.