At a Glance
Average Property Price - CR6
£642,897
91
National percentile
Average Monthly Rent - CR
£1,607
86
National percentile
Average Net Household Income - CR6
£50,136
89
National percentile
Flat / Maisonette Yield - CR
6.1%
79
National percentile
10-Year Annualised Price Growth - CR6
3.0%
30
National percentile
10-Year Annualised Rent Growth - CR
3.5%
21
National percentile
Property Price & Volume Trends
The average property price of £643,000 places CR6 among the most expensive districts nationally. However, growth has been modest: at 3.0% annualised over the past decade, it sits well below the national average, suggesting the area has already reached maturity in the property cycle. Transaction activity has also softened, with 125 sales in the latest year compared to a 10-year average of 170 annually, pointing to reduced turnover in recent times.
Rent & Yield Trends
Rents in the broader CR postcode area average £1,607 per month, placing them in the upper band nationally. Rental growth over the past decade has been steady at 3.5% per year, though this remains below the national average pace. The flat yield of 6.1% has strengthened markedly compared to the 10-year average of 4.8%, indicating that rental returns have become more attractive relative to property prices in recent times.
Income & Affordability Trends
Average household income of £50,136 is well above the national norm, reflecting the area's affluence. Purchase affordability has tightened slightly: the price-to-income ratio now stands at 11.5 times annual income, up from 11.1 times in 2016, making properties marginally less affordable despite robust incomes. Rental affordability has improved notably, however—the rent-to-income ratio has fallen from 34.7% to 32.6% over the same period, easing the burden on renters.
Resident Demographic Profile
CR6 has a notably higher proportion of outright home ownership at 37.6%, well above the national average of 33.7%, and a particularly strong ownership-with-mortgage segment at 37.1% compared to 27.0% nationally—together these reflect a affluent, established owner-occupier base. The private rented sector is correspondingly weak at 14.9%, and young adults aged 16–24 are significantly underrepresented at 8.7% versus 11.0% nationally. The employment profile is skewed towards management and professional roles, with managers representing 19.0% of the workforce—substantially above the national 13.4%—suggesting a concentration of senior, higher-earning residents.