At a Glance
Average Property Price - CO9
£365,842
60
National percentile
Average Monthly Rent - CO
£1,123
62
National percentile
Average Net Household Income - CO9
£40,648
61
National percentile
Flat / Maisonette Yield - CO
6.1%
80
National percentile
10-Year Annualised Price Growth - CO9
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 £366,000 sits slightly above the national midpoint. Over the past decade, the area has seen annualised growth of 3.5%, which is close to the national average—neither outperforming nor lagging significantly. Transaction volumes have declined noticeably, with 338 sales in the latest year against a 10-year average of 467, suggesting a softer market compared to its recent history.
Rent & Yield Trends
Average monthly rents of £1,123 sit comfortably above the national middle point. Rental growth has been notably strong, averaging 4.8% annually over the decade—among the fastest in the country. Yields have strengthened considerably, currently standing at 6.1% compared to a 10-year average of 4.9%, reflecting an improving outlook for landlords.
Income & Affordability Trends
Average household income of £41,000 sits modestly above the national median. Purchase affordability has deteriorated: the price-to-income ratio stands at 9.3x, up from 7.8x in 2016, making homes substantially less affordable relative to local earnings. Rental affordability has also weakened, with rent-to-income rising from 24% to 28% over the same period.
Resident Demographic Profile
The population skews notably older, with those aged 50–64 at 22% (above the 19.8% national average) and those 65+ at 22% (also above the 19.6% national average). Young adults aged 16–24 are underrepresented at 8.7% versus the national 11%. Homeownership is strong: 35.6% own outright and 32.4% own with a mortgage, totalling 68% owner-occupied against a national 60.7%. Trades workers are overrepresented at 15.1% compared to the national 10.5%, reflecting a more practical employment mix.