At a Glance
Average Property Price - CO10
£360,265
58
National percentile
Average Monthly Rent - CO
£1,123
62
National percentile
Average Net Household Income - CO10
£38,851
53
National percentile
Flat / Maisonette Yield - CO
6.1%
80
National percentile
10-Year Annualised Price Growth - CO10
3.1%
32
National percentile
10-Year Annualised Rent Growth - CO
4.8%
93
National percentile
Property Price & Volume Trends
The average property price in CO10 is £360,000, placing it close to the national midpoint. Over the past decade, prices have grown at 3.1% per year—a below-average rate of appreciation. Transaction activity has eased from its 10-year norm, with 718 sales in the latest year against an average of 859, reflecting a modest slowdown in market momentum.
Rent & Yield Trends
Average rents across the broader CO postcode area stand at £1,123 per month, slightly above the national median. Rental growth has been notably strong, rising 4.8% annually over a decade—well above the typical pace seen elsewhere in the UK. The flat yield has improved markedly to 6.1%, up from a 10-year average of 4.9%, signalling rising income potential for investors.
Income & Affordability Trends
Net household income in CO10 averages £38,851, in line with the national typical level. The price-to-income ratio has widened to 9.8x from 8.0x in 2016, indicating that property affordability for owner-occupiers has deteriorated materially. Rental affordability has also tightened; the rent-to-income ratio now stands at 27.8%, up from 24% in 2016, placing greater pressure on renters' budgets.
Resident Demographic Profile
The population skews notably older: nearly a quarter are aged 65 and over, compared to less than one in five nationally, whilst those aged 16–24 are significantly underrepresented at 8.5% against 11% nationally. Outright home ownership is strong at 40.7%, well above the national average of 33.7%, reflecting the area's older demographic profile. The employment mix is characterised by a higher proportion in trades (13.7%) and a lower share of professionals (15.7%) than the national norm.