At a Glance
Average Property Price - CM13
£629,604
91
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM13
£50,273
89
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM13
3.8%
59
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The average property price of £630,000 places CM13 among the most expensive nationally. Over the past decade, prices have grown at 3.8% annually — close to the national median. Transaction activity has been moderately quieter than its 10-year average, with 350 sales in the latest year against an average of 395, suggesting a typical cooling in market momentum.
Rent & Yield Trends
Average monthly rent in the broader CM area stands at £1,413, placing it well above the national mid-point. Rental growth over ten years has outpaced the national average at 4.2% annually. The flat yield has strengthened notably, rising to 5.6% from a 10-year average of 4.6%, reflecting improved investor returns in a tightening rental market.
Income & Affordability Trends
Net household income of £50,273 is well above the national average, reflecting the professional demographic profile of the area. However, purchase affordability has deteriorated: the price-to-income ratio has risen from 10.7x in 2016 to 13.5x today, outpacing wage growth. Rental affordability has also worsened, with rent now consuming 31.5% of household income compared to 27.6% a decade ago.
Resident Demographic Profile
The population skews older and more established than national norms, with notably fewer young adults (8.6% aged 16–24, against a national 11.0%) and stronger representation in the 35–49 and 50–64 age bands. Owner-occupation is substantially higher than average, with 35.4% owning outright and 35% with mortgages—a combined 70.4% against the national 60.7%. The employment mix is distinctly white-collar: professionals represent 24.4% of the workforce and managers 18.4%, both well above national averages, whilst manual trades account for only 7.9%.