At a Glance
Average Property Price - CM20
£307,440
44
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM20
£38,869
53
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM20
1.6%
6
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The average property price in CM20 is £307,000, near the national midpoint. However, price growth over the past decade has been notably sluggish at 1.6% per year — among the slowest-growing areas nationally. Transaction activity has declined: 202 sales were recorded in the latest full year, down from a 10-year average of 297 per year.
Rent & Yield Trends
Rents in the CM postcode area average £1,413 per month, placing it among the more expensive regions for tenants nationally. Rental growth over the past decade has been modest at 4.2% per year — below the national trend. Yields have improved: the flat yield currently stands at 5.6%, up from a 10-year average of 4.6%, reflecting stronger income generation for landlords.
Income & Affordability Trends
Average net household income of £38,869 is broadly in line with the national average. Purchase affordability has improved substantially: the price-to-income ratio has fallen from 9.0x in 2016 to 7.7x today, making buying more accessible. Rental affordability has, however, deteriorated; the rent-to-income ratio has risen from 27.6% to 31.5% over the same period, reflecting faster rent growth than income gains.
Resident Demographic Profile
The population is notably younger and more family-focused than the national average, with 22% of residents under 15 compared to 17.5% nationally. The housing tenure profile is distinctive: social renting accounts for 36.1% of households — more than double the national share of 16.5% — while owner-occupation is proportionally lower. The employment mix shows higher representation in elementary occupations (15.3% vs 10.2% nationally) and caring roles (11.4% vs 9.2%), offset by notably lower professional and managerial employment than the national average.