At a Glance
Average Property Price - CT20
£317,880
47
National percentile
Average Monthly Rent - CT
£1,112
61
National percentile
Average Net Household Income - CT20
£35,364
33
National percentile
Flat / Maisonette Yield - CT
5.3%
33
National percentile
10-Year Annualised Price Growth - CT20
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 £318,000 sits close to the national median, representing neither a particularly expensive nor affordable market. Over the past decade, prices have grown at 4.7% annually—significantly faster than the national average, placing this among the stronger performers nationally. Transaction activity has softened recently, with 357 sales in the latest year compared to a 10-year average of 499, suggesting a contraction in market activity.
Rent & Yield Trends
Average monthly rents of £1,112 sit above the national midpoint, reflecting moderate rental demand. Rental growth over ten years has been robust at 4.5% annually, outpacing national trends. Yields have improved notably, reaching 5.3% in the latest year against a 10-year average of 4.4%, indicating a tightening gap between purchase prices and rental income.
Income & Affordability Trends
Average household income of £35,364 lies below the national average, placing the area in the lower third nationally. The price-to-income ratio has widened to 8.5x from 6.8x in 2016, signalling that property affordability has deteriorated as prices have risen faster than incomes. Rental affordability has also declined slightly, with rents consuming 28.4% of household income in 2024 compared to 26.6% in 2016.
Resident Demographic Profile
The population skews older than average, with those aged 50–64 and 65+ both overrepresented. The most striking feature is the private rental sector, which accounts for 41% of all housing—nearly double the national share of 22%—whilst outright ownership at 27% is notably below the 34% national average. Employment is characterised by stronger representation in technical and caring roles, which together account for 28% of the workforce compared to 22% nationally, while professional and managerial roles are underrepresented.