At a Glance
Average Property Price - CT15
£401,331
67
National percentile
Average Monthly Rent - CT
£1,112
61
National percentile
Average Net Household Income - CT15
£40,680
61
National percentile
Flat / Maisonette Yield - CT
5.3%
33
National percentile
10-Year Annualised Price Growth - CT15
2.7%
21
National percentile
10-Year Annualised Rent Growth - CT
4.5%
83
National percentile
Property Price & Volume Trends
The latest average property price in CT15 is £401,000, placing it around the upper-middle tier nationally. Over the past decade, prices have grown at 2.7% annually—a notably slower pace than the national average, reflecting more subdued market conditions in this coastal district. Transaction activity has slowed in recent years, with 141 sales in the latest full year compared to an average of 187 over the preceding ten years.
Rent & Yield Trends
Average monthly rent across the CT postcode area stands at £1,112, broadly in line with the national median. However, rents have grown substantially over the past decade at 4.5% per year—significantly above the national trend. The flat yield has risen to 5.3%, up from a ten-year average of 4.4%, signalling improving returns for buy-to-let investors in this area.
Income & Affordability Trends
Average household income of £40,680 sits slightly above the national average. Purchase affordability has deteriorated: the price-to-income ratio now stands at 10.7x, up from 9.0x in 2016, indicating homes have become notably less affordable relative to local earnings. Rental affordability has similarly worsened, with the rent-to-income ratio rising from 26.6% to 28.4% over the same period.
Resident Demographic Profile
CT15 skews notably older than the national average, with over a quarter of the population aged 65 and above, and those aged 50–64 representing a substantially above-average share. Conversely, young adults aged 16–24 are significantly underrepresented. The area is characterised by strong owner-occupation: 43.5% own outright, well above the national norm, while private renting is proportionally low at 15.3%. Employment is weighted towards technical roles (15.6%) and caring professions (11.3%), with fewer professionals relative to the national average.