At a Glance
Average Property Price - CM5
£574,686
88
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM5
£45,633
78
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM5
3.2%
34
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The latest average property price in CM5 is £575,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.2% annually—a below-average rate of appreciation compared to the wider UK market. Annual transaction volumes have slowed in recent years, with 109 sales recorded in the latest full year against a 10-year average of 156.
Rent & Yield Trends
Average monthly rents in the broader CM postcode area stand at £1,413, positioning it above the national median. Rents have expanded at 4.2% per year over ten years, broadly in line with national trends. The flat yield has moved in a positive direction, rising to 5.6% in the latest year from a 10-year average of 4.6%, reflecting improved returns for landlords.
Income & Affordability Trends
Household incomes in CM5 average £45,633 annually, placing the area above the national average. Purchase affordability has deteriorated: the price-to-income ratio has widened from 11.5x in 2016 to 12.2x today, indicating homes now require longer to pay for relative to local earnings. Rental affordability has similarly declined, with rents rising from 27.6% of income a decade ago to 31.5% currently.
Resident Demographic Profile
The population skews notably older than the UK average, with those aged 50–64 representing 22.7% (against 19.8% nationally) and those 65+ at 22.5% (versus 19.6% nationally). The 16–24 age group is underrepresented at 8.9%, suggesting younger adults are relocating elsewhere. Owner-occupation is strong—72.9% of homes are owned outright or with a mortgage, well above the national figure of 60.7%. The employment profile is dominated by managers (21.1% versus 13.4% nationally) and trades workers, whilst professionals and caring roles feature less prominently than the UK norm.