At a Glance
Average Property Price - CM15
£619,722
90
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM15
£50,722
90
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM15
3.7%
56
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The average property price of £620,000 places CM15 among the most expensive nationally. Over the past decade, prices have grown at 3.7% annually—close to the national average. Transaction activity has slowed in the latest year, with 287 sales compared to a 10-year average of 357 per annum.
Rent & Yield Trends
Average monthly rent of £1,413 sits above the national midpoint. Rental growth over ten years has been solid at 4.2% annually, outpacing national growth rates. The flat yield of 5.6% is notably stronger than its 10-year average of 4.6%, reflecting a favourable shift for buy-to-let investors seeking income returns.
Income & Affordability Trends
Household income of £51,000 is well above the national average, placing the area among the highest-earning postcode districts. The price-to-income ratio of 11.2x has risen since 2016 (when it was 10.2x), indicating that purchase affordability has declined. Rental affordability has also compressed, with rent-to-income rising from 27.6% to 31.5% over the same period.
Resident Demographic Profile
The population skews towards middle age and older: those aged 50–64 make up 20.5% (above the national 19.8%), and those 65 and over represent 21.1% compared to the national 19.6%. Young adults aged 16–24 are notably underrepresented at 8.8% against the national 11.0%. Home ownership is strong, with 73.8% owning either outright or with a mortgage—well above the national combined rate of 60.7%. The workforce is heavily weighted toward professional (23.7%) and managerial (19.7%) roles, both significantly above national levels, reflecting the area's affluent commuter profile.