At a Glance
Average Property Price - CT18
£402,928
67
National percentile
Average Monthly Rent - CT
£1,112
61
National percentile
Average Net Household Income - CT18
£41,405
64
National percentile
Flat / Maisonette Yield - CT
5.3%
33
National percentile
10-Year Annualised Price Growth - CT18
4.7%
84
National percentile
10-Year Annualised Rent Growth - CT
4.5%
83
National percentile
Property Price & Volume Trends
The average property price of £403,000 sits above the national midpoint, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 4.7% annually — a pace that outstrips the national average significantly. Transaction activity last year totalled 227 sales, slightly below the 10-year annual average of 260, suggesting a modestly softer market.
Rent & Yield Trends
Average monthly rents of £1,112 sit slightly above the national median. Rental growth over the past decade has averaged 4.5% per year, well above the national norm, reflecting strong tenant demand. The flat yield now stands at 5.3%, notably higher than the 10-year average of 4.4%, indicating improved returns for buy-to-let investors in recent years.
Income & Affordability Trends
Average household income of £41,405 is above the national average, placing the area in the upper-middle income bracket nationally. The price-to-income ratio of 8.8x has worsened since 2016 (when it stood at 7.8x), meaning properties have become less affordable relative to earnings. Rental affordability has also deteriorated; the rent-to-income ratio has risen from 26.6% to 28.4%, indicating a larger share of household income now goes to rent.
Resident Demographic Profile
The area has a notably older population profile: those aged 50–64 and 65+ together account for nearly 46% of residents, compared to about 39% nationally. Outright home ownership is strong at 41%, substantially above the national average of 34%, reflecting the prevalence of older, settled households. The professional and technical workforce is well-represented at 32%, while the working-age population aged 16–24 is notably underrepresented at 9% against a national average of 11%.