At a Glance
Average Property Price - CM11
£602,115
89
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM11
£49,675
88
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM11
3.6%
50
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The latest average property price of £602,115 places CM11 among the most expensive nationally. Price growth over the past decade has averaged 3.6% annually—broadly in line with the national pace. Transaction activity in the latest year totalled 243 sales, slightly below the 10-year average of 282, suggesting a modest softening in market turnover.
Rent & Yield Trends
Average monthly rent in the broader CM area stands at £1,413, above the national average. Rental growth over ten years has averaged 4.2% per year, outpacing the national trend. The flat yield currently sits at 5.6%, a meaningful improvement on the 10-year average of 4.6%, reflecting stronger recent rental momentum relative to property prices.
Income & Affordability Trends
Average net household income of £49,675 ranks well above the national median. The price-to-income ratio of 11.1x has shifted unfavourably since 2016 (when it stood at 10.6x), indicating property prices have grown faster than incomes. Rental affordability has similarly deteriorated: the rent-to-income ratio has risen from 27.6% in 2016 to 31.5% today, placing rental costs under growing pressure relative to household earnings.
Resident Demographic Profile
The population skews older than average, with those aged 50–64 representing 21.5% (against a national 19.8%) and those 65+ accounting for 23.5% (versus 19.6% nationally). Housing is predominantly owner-occupied: 46% own outright and 36.7% own with a mortgage, well above national averages and reflecting established residential character. The workforce is notably managerial and professional; managers comprise 19% of employment (against 13.4% nationally) and professionals 21.5%, while lower-skilled roles are underrepresented.