At a Glance
Average Property Price - CT16
£292,543
40
National percentile
Average Monthly Rent - CT
£1,112
61
National percentile
Average Net Household Income - CT16
£36,888
43
National percentile
Flat / Maisonette Yield - CT
5.3%
33
National percentile
10-Year Annualised Price Growth - CT16
4.6%
82
National percentile
10-Year Annualised Rent Growth - CT
4.5%
83
National percentile
Property Price & Volume Trends
The average property price in CT16 stands at £293,000, around the middle of the national range. Over the past decade, prices have grown at 4.6% annually—a notably strong performance that places the area among the fastest-growing nationally. Transaction activity last year recorded 314 sales, slightly below the 10-year average of 362 per annum.
Rent & Yield Trends
Average monthly rent in the broader CT postcode area is £1,112, modestly above the national midpoint. Rental growth over ten years has averaged 4.5% annually, again placing the area in the faster-growing tier nationally. The flat yield has risen to 5.3% in the latest year, up from a 10-year average of 4.4%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Household income averages £36,888 annually, slightly below the national typical level. The price-to-income ratio has widened to 7.6x, from 6.3x in 2016, reflecting property appreciation outpacing wage growth and making purchase relatively less affordable than it was a decade ago. Rental affordability has also tightened: the rent-to-income ratio now stands at 28.4%, up from 26.6% in 2016.
Resident Demographic Profile
The population skews slightly older, with those under 16 making up 19.5% against the national 17.5%, and notably fewer young adults aged 16–24 at 9.8% versus the national 11.0%. The private rental sector is unusually prominent at 27.4%, well above the national average of 21.7%, consistent with the area's appeal to holiday and longer-term renters. Employment is dominated by caring professions (13.9% against a national 9.2%) and technical roles (15.5% against 13.2%), while professional occupations are underrepresented at 12.5% against the national 20.5%.