At a Glance
Average Property Price - CM6
£515,714
82
National percentile
Average Monthly Rent - CM
£1,413
73
National percentile
Average Net Household Income - CM6
£47,072
81
National percentile
Flat / Maisonette Yield - CM
5.6%
50
National percentile
10-Year Annualised Price Growth - CM6
3.4%
43
National percentile
10-Year Annualised Rent Growth - CM
4.2%
67
National percentile
Property Price & Volume Trends
The latest average property price of £516,000 places CM6 among the most expensive nationally. Over the past decade, prices have grown at 3.4% annually, which is close to the national average. Transaction volumes have softened recently, with 456 sales in the latest full year compared to a 10-year average of 557—a decline of around 18%.
Rent & Yield Trends
Average monthly rents in the broader CM area stand at £1,413, positioning the postcode in the upper quartile nationally. Rents have grown at 4.2% annually over the past decade, slightly above the national pace. The flat yield has improved to 5.6% from a 10-year average of 4.6%, reflecting a favourable shift in the rent-to-price relationship.
Income & Affordability Trends
Average household income of £47,072 is well above the national average, placing the area in the top quintile nationally. Affordability has tightened: the price-to-income ratio has risen from 9.6x in 2016 to 10.7x today, indicating that property prices have outpaced income growth. Rental affordability has also deteriorated, with rent-to-income rising from 27.6% to 31.5% over the same period.
Resident Demographic Profile
The population skews older, with those aged 50–64 representing 21.3% against a national average of 19.8%. Mortgage ownership is notably strong at 35.6%, well above the national norm of 27.0%, while outright ownership is also slightly elevated. The employment profile is heavily weighted towards managers (19.2% vs 13.4% nationally), while elementary occupations are significantly underrepresented at 7.1% against the national average of 10.2%.