At a Glance
Average Property Price - CT5
£425,069
72
National percentile
Average Monthly Rent - CT
£1,112
61
National percentile
Average Net Household Income - CT5
£43,108
70
National percentile
Flat / Maisonette Yield - CT
5.3%
33
National percentile
10-Year Annualised Price Growth - CT5
3.2%
35
National percentile
10-Year Annualised Rent Growth - CT
4.5%
83
National percentile
Property Price & Volume Trends
The average price of £425,000 sits among the most expensive nationally. However, growth has lagged: at 3.2% annualised over the past decade, it ranks in the slower half of UK markets. Transaction activity has declined; last year saw 443 sales against a 10-year average of 562, suggesting a thinning of buyer interest relative to the historical trend.
Rent & Yield Trends
Monthly rents average £1,112, broadly in line with the national middle ground. Rental growth has been notably strong: at 4.5% annually over ten years, it ranks among the fastest-growing regions nationally. The flat yield stands at 5.3%, up from a 10-year average of 4.4%, indicating improving returns for landlords in recent years.
Income & Affordability Trends
Average household income of £43,000 is above the national median. Affordability pressure has increased: the price-to-income ratio has risen from 9.9x in 2016 to 10.7x today, making purchase less achievable relative to earnings. Rental affordability has similarly weakened, with rent now consuming 28.4% of income against 26.6% a decade ago.
Resident Demographic Profile
The population is notably older, with nearly three in ten residents aged 65 or over—substantially above the national average of one in five. Conversely, young adults aged 16–24 and 25–34 are significantly underrepresented. Housing tenure shows strong owner-occupation: 47% own outright, well above the national norm of 34%, reflecting the area's appeal to retirees. The employment profile is weighted towards professional and managerial roles, which together account for 37% of the workforce—notably higher than the national figure of 34%.