At a Glance
Average Property Price - CO1
£251,386
29
National percentile
12 month avg at 31 Jul 2026
Average Monthly Rent - CO
£1,118
59
National percentile
Estimate at 31 Jul 2026
Average Net Household Income - CO1
£43,895
72
National percentile
2023 census data
Flat / Maisonette Yield - CO
6.6%
81
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Price Growth - CO1
3.4%
61
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Rent Growth - CO
4.6%
87
National percentile
Estimate at 31 Jul 2026
Street Rankings — CO1
Top 5 streets in CO1 ranked by 3-year average sale price.
| # | Street | 3Y Avg |
|---|---|---|
| 1 | Middle Mill Road | £500,000 |
| 2 | Riverside Place | £465,000 |
| 3 | Fenwick Drive | £457,500 |
| 4 | St Peters Court | £438,000 |
| 5 | Henry Swan Way | £415,000 |
Highest Monthly Sales — CO1
The highest-value transaction recorded in CO1 for each of the last 5 months.
Property Price & Volume Trends
The average property price in CO1 is £245,000, which sits below the national average. Over the past decade, prices have grown at 3.4% annually—a pace slightly slower than the national trend. Transaction activity has softened considerably, with 226 sales in the latest year against a 10-year average of 340, suggesting a notably quieter market.
Rent & Yield Trends
Average monthly rent across the CO postcode area stands at £1,123, placing it above the national median. Rental growth has been robust, expanding at 4.8% per year over a decade—among the fastest nationally. The flat yield has improved to 6.1%, up from a 10-year average of 4.9%, reflecting stronger rental returns relative to property values.
Income & Affordability Trends
Household income in CO1 averages £43,895 annually, comfortably above the national median. The purchase price-to-income ratio currently stands at 5.6x, having worsened slightly from 5.1x in 2016, indicating that buying power has not kept pace with price growth. Rental affordability has also tightened: renters now spend 27.8% of income on rent, compared to 24% in 2016.
Resident Demographic Profile
The population skews slightly older, with a notably higher share of residents aged 35–49 (21.1% vs 18.7% nationally) and lower representation of those aged 50–64 (16% vs 19.8%). The private rental sector is dominant, accounting for 38.1% of households—substantially above the national average of 21.7%—while outright ownership at 25% sits well below the national norm of 33.7%. The employment profile leans towards caring roles (11.5% vs 9.2% nationally) and technical positions (14.1% vs 13.2%), while trades workers are underrepresented at 8.7%.