At a Glance
Average Property Price - CO16
£303,213
44
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 - CO16
£34,520
29
National percentile
2023 census data
Flat / Maisonette Yield - CO
6.6%
81
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Price Growth - CO16
3.8%
73
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 — CO16
Top 5 streets in CO16 ranked by 3-year average sale price.
| # | Street | 3Y Avg |
|---|---|---|
| 1 | Batemans Lane | £1,188,500 |
| 2 | Glebe Place | £915,000 |
| 3 | Lodge Lane | £863,000 |
| 4 | Spencer Close | £860,000 |
| 5 | Baytree Lane | £840,000 |
Highest Monthly Sales — CO16
The highest-value transaction recorded in CO16 for each of the last 5 months.
Property Price & Volume Trends
The average property price in CO16 is £318,000, broadly in line with the national median. However, the postcode has experienced notably strong price growth over the past decade, with 4.7% annualised appreciation placing it among the fastest-growing areas nationally. Transaction activity has eased from its 10-year average: 358 sales were recorded in the latest full year, compared to an average of 497 annually.
Rent & Yield Trends
Average monthly rent in the CO postcode area stands at £1,123, above the national middle ground. Rental growth has been robust, rising at 4.8% per annum over a decade—significantly faster than the typical UK pace. The flat yield has improved noticeably, standing at 6.1% in the latest year against a 10-year average of 4.9%, indicating increasingly attractive returns for investors.
Income & Affordability Trends
Average household net income in CO16 is £34,520, notably below the national average. Purchase affordability has deteriorated: the price-to-income ratio has risen from 7.3x in 2016 to 9.6x today, reflecting faster price growth than income gains. Rental affordability has also weakened, with rent now consuming 27.8% of household income compared to 24% in 2016.
Resident Demographic Profile
CO16 skews markedly older than the nation as a whole, with nearly 29% aged 65 and over—well above the 19.6% national average—and only 15.8% under 15. Housing tenure is heavily weighted toward outright ownership at 48%, nearly half again the national average of 33.7%. The employment profile leans toward trades (14.9%), caring professions (13.6%), and a notably smaller share of professionals (12.3%) than the 20.5% national norm, reflecting the area's composition.