At a Glance
Average Property Price - CO5
£421,446
71
National percentile
Average Monthly Rent - CO
£1,123
62
National percentile
Average Net Household Income - CO5
£41,952
66
National percentile
Flat / Maisonette Yield - CO
6.1%
80
National percentile
10-Year Annualised Price Growth - CO5
3.5%
47
National percentile
10-Year Annualised Rent Growth - CO
4.8%
93
National percentile
Property Price & Volume Trends
The average property price of £421,000 sits among the more expensive districts nationally. Over the past decade, prices have grown at 3.5% annually—a pace slightly below the national average, reflecting a more measured market trajectory. Transaction volumes have softened slightly, with 461 sales recorded in the latest full year compared to a 10-year average of 518, suggesting somewhat reduced market momentum.
Rent & Yield Trends
Rental costs of around £1,123 per month are above the national midpoint. Notably, rents have grown at 4.8% per year over the past decade—among the fastest growth rates nationally—indicating strong demand for rental property. Yields have expanded to 6.1%, a solid improvement on the 10-year average of 4.9%, reflecting the strength of rental growth relative to capital values.
Income & Affordability Trends
Household incomes average £42,000, placing the area above the national median. The price-to-income ratio of 10.0x has deteriorated since 2016 (when it stood at 8.8x), signalling that property has become less affordable relative to local earnings. Rental affordability has similarly weakened; the rent-to-income ratio has risen from 24% to 27.8%, meaning renters now commit a larger share of income to housing costs.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 and above compared to the national figure of 19.6%, and a correspondingly lower proportion of young adults (16–24 at 8.4% versus 11% nationally). Housing tenure is skewed towards outright ownership at 46.4%—well above the national 33.7%—reflecting an affluent, settled population. Private rental and social housing are both underrepresented. The employment profile shows a slightly higher proportion of managers (16.2% versus 13.4%) and trades workers (12.7% versus 10.5%), suggesting a mix of professional and skilled employment.