At a Glance
Average Property Price - CM12
£529,018
83
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM12
£50,318
89
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM12
3.3%
40
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The latest average property price in CM12 is £529,000, placing it among the most expensive areas nationally. Over the past decade, prices have grown at 3.3% annually—below the national rate of growth. Transaction activity fell to 278 sales last year, notably below the 10-year average of 337, signalling a softening in market momentum.
Rent & Yield Trends
Average monthly rent across the broader CM area stands at £1,413, above the national midpoint. Over ten years, rents have grown at 4.2% annually, modestly ahead of the national trend. The flat yield has strengthened to 5.6%, up from a 10-year average of 4.6%, reflecting the recent uplift in rental growth relative to capital values.
Income & Affordability Trends
Average net household income of £50,318 is well above the national average, placing the area among the most affluent nationally. The price-to-income ratio has risen to 9.9x from 9.4x in 2016, indicating purchase affordability has tightened over the period. Rental affordability has also deteriorated; the rent-to-income ratio has increased from 27.6% to 31.5%, reflecting faster growth in rents than household earnings.
Resident Demographic Profile
The population is notably older than the national average, with 23.1% aged 65 and over compared to 19.6% nationally, and a markedly lower share of 16–24 year-olds at 8.1%. Housing tenure is heavily skewed towards ownership: 45% own outright and 36.5% own with a mortgage, well above national norms, while private rental and social rented sectors are considerably undersized. The employment profile is heavily weighted towards professionals (23%) and managers (17.1%), substantially above national levels, with fewer people in elementary roles (6.2%) and trades (8.7%).