At a Glance
Average Property Price - CM17
£417,888
70
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM17
£46,156
79
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM17
2.8%
24
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The average property price in CM17 is £418,000, placing it among the more expensive areas nationally. However, 10-year price growth has been notably subdued at 2.8% annually — well below the national average. Transaction activity has slowed considerably, with 339 sales in the latest year compared to a 10-year average of 490, suggesting a softer market.
Rent & Yield Trends
Average monthly rent in the CM postcode area is £1,413, above the national median. Rental growth has been solid at 4.2% annually, slightly ahead of the national pace. The flat yield currently stands at 5.6%, a meaningful uplift from the 10-year average of 4.6%, indicating improved returns for buy-to-let investors in recent times.
Income & Affordability Trends
Household income in CM17 is relatively strong at £46,156, placing it among the better-earning areas nationally. The price-to-income ratio of 8.8x has remained unchanged since 2016, suggesting affordability has stalled despite moderate wage growth. Rental affordability has deteriorated noticeably: the rent-to-income ratio has risen from 27.6% in 2016 to 31.5% now, indicating renters are spending considerably more of their income on housing.
Resident Demographic Profile
The area skews slightly older and more family-oriented than the national norm, with a higher proportion of 35–49 year-olds (21.3% vs 18.7% nationally) and children under 15 (20.8% vs 17.5%). Mortgage-backed ownership is notably elevated at 38.3% compared to the national 27.0%, reflecting a strong family homeowner base. Social renting is above average at 19.3%, while private rental is below average at 14.3%. Administratively employed workers are proportionally over-represented at 12.1% against a national average of 9.0%.