At a Glance
Average Property Price - CM22
£535,125
84
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM22
£49,247
87
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM22
1.7%
7
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The latest average property price in CM22 is £535,000, placing it among the most expensive areas nationally. However, annual price growth over the past decade has averaged just 1.7%, well below the national pace—indicating the area has underperformed significantly. Transaction activity has remained steady, with 250 sales in the latest full year, broadly in line with its 10-year average of 254 sales annually.
Rent & Yield Trends
Average monthly rent in the broader CM postcode stands at £1,413, which is above the national midpoint. Rents have grown at 4.2% annually over the past decade, slightly faster than the national average. Flat yields have improved noticeably, now standing at 5.6% compared to their 10-year average of 4.6%, reflecting stronger rental returns in recent years.
Income & Affordability Trends
Household income in CM22 is above the national average at £49,247, placing the area among the most affluent nationally. However, purchase affordability has worsened: the price-to-income ratio has risen from 10.3x in 2016 to 12.0x today, reflecting sharper property price growth relative to local incomes. Rental affordability has similarly deteriorated, with the rent-to-income ratio climbing from 27.6% to 31.5% over the same period.
Resident Demographic Profile
The area has a higher proportion of middle-aged and older residents than national norms, with those aged 50–64 representing 21.8% of the population (above the 19.8% national average) and 35–49s accounting for 20.3%. Mortgage ownership is notably above average at 37.3% compared to the national 27.0%, while the share of young adults aged 16–24 is notably below average at 8.7%. The employment profile skews towards managers (19.5%, well above the national 13.4%) and technical roles (15.2%), whilst elementary and plant/machine occupations are underrepresented.