At a Glance
Average Property Price - CM2
£402,507
67
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM2
£33,933
25
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM2
3.2%
35
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The average property price in CM2 is £403,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 3.2% annually—a below-average rate of increase compared to the wider UK market. Transaction activity has slowed in the latest year, with 784 sales against a 10-year average of 956 per annum.
Rent & Yield Trends
Average monthly rents in the broader CM area stand at £1,413, well above the national norm. Rents have climbed 4.2% per year over the past decade, slightly faster than the UK average. Flat yield currently stands at 5.6%, a notable uplift from the 10-year average of 4.6%, reflecting tightening supply and sustained rental demand.
Income & Affordability Trends
Average household income in CM2 is £34,000, below the national median. Purchase affordability has deteriorated significantly: the price-to-income ratio has risen from 7.4x in 2016 to 11.4x today, indicating that property is now substantially less affordable relative to earnings. Rental affordability has also worsened, with rents consuming 31.5% of household income compared to 27.6% in 2016.
Resident Demographic Profile
The age profile skews slightly towards working-age and established adults: 35–49-year-olds represent 20.8% of the population, above the national average of 18.7%, while 16–24-year-olds are proportionately fewer at 8.8% versus 11.0% nationally. Housing tenure is distinctive for high owner-occupation: 37.2% own outright and 35.7% have mortgages, well above national averages, whilst private renting at 13.1% is notably lower than the 21.7% national norm. Employment is weighted towards professional and managerial roles (22.9% and 14.8% respectively), with administrative roles also over-represented at 11.1%.