At a Glance
Average Property Price - CR7
£400,903
67
National percentile
Average Monthly Rent - CR
£1,607
86
National percentile
Average Net Household Income - CR7
£46,949
81
National percentile
Flat / Maisonette Yield - CR
6.1%
79
National percentile
10-Year Annualised Price Growth - CR7
3.7%
53
National percentile
10-Year Annualised Rent Growth - CR
3.5%
21
National percentile
Property Price & Volume Trends
The average property price of £401,000 places CR7 among the more expensive areas nationally. Annual price growth has averaged 3.7% over the past decade, broadly in line with national trends. Transaction activity has cooled: 274 sales were recorded in the latest year, down from a 10-year average of 332 annually.
Rent & Yield Trends
Rents in the CR postcode area are notably high, with an average of £1,607 per month placing them among the most expensive nationally. Rental growth has been sluggish, averaging 3.5% annually—well below the national pace. Yields have improved markedly: the current 6.1% significantly exceeds the 10-year average of 4.8%, reflecting stronger rental returns relative to purchase prices.
Income & Affordability Trends
Average household income of £47,000 is substantially above the national average, positioning the area among the more affluent nationally. Purchase affordability has strengthened: the price-to-income ratio of 8.2x is notably better than the 9.0x recorded in 2016. Rental affordability has also improved, with the rent-to-income ratio falling from 34.7% in 2016 to 32.6% today.
Resident Demographic Profile
The demographic profile shows a notably younger population skew: those aged 35–49 and under 15 are both overrepresented compared to national averages. The 65+ population at 11.2% is substantially lower than the national average of 19.6%. Housing tenure is distinctive: private rental dominates at 35%, compared to 21.7% nationally, whilst owner-occupation rates are considerably lower. Employment is broadly similar to national patterns, though caring roles are notably more prevalent at 10.8% against 9.2% nationally.