At a Glance
Average Property Price - CT8
£289,565
39
National percentile
Average Monthly Rent - CT
£1,112
61
National percentile
Average Net Household Income - CT8
£36,832
43
National percentile
Flat / Maisonette Yield - CT
5.3%
33
National percentile
10-Year Annualised Price Growth - CT8
3.2%
35
National percentile
10-Year Annualised Rent Growth - CT
4.5%
83
National percentile
Property Price & Volume Trends
The average property price of £290,000 sits below the national midpoint, reflecting affordable market conditions for the region. Over the past decade, prices have grown at 3.2% annually—a below-average rate of appreciation nationally. Transaction activity has softened in the latest year, with 121 sales against a 10-year average of 152, signalling reduced momentum.
Rent & Yield Trends
Rents in the broader CT postcode average £1,112 per month, positioning the area above the national median. Rental growth has been notably strong at 4.5% annually over ten years, outpacing most regions nationally. Yields have expanded to 5.3%, well above the 10-year average of 4.4%, reflecting improved investor returns in recent years.
Income & Affordability Trends
Average household income stands at £37,000, slightly below the national average. The price-to-income ratio of 7.9x has deteriorated since 2016 (when it was 7.3x), indicating property prices have outpaced income growth and affordability has tightened for buyers. Renters face similar pressure: the rent-to-income ratio has risen from 26.6% to 28.4%, suggesting rental affordability has also worsened.
Resident Demographic Profile
The population skews older than average, with over a quarter aged 65 and above compared to a national figure of 20%, and notably fewer residents aged 16–24 (8.2% versus 11% nationally). Housing tenure shows a higher proportion in private rental accommodation (26.8% against 21.7% nationally) and lower social rented housing (11.1% versus 16.5%), pointing to a more privately-rented demographic profile. The workforce is characterised by a notably elevated share in caring roles (14.3% versus 9.2% nationally) and a higher proportion in trades (12.2%), with fewer professionals than the national average.