At a Glance
Average Property Price - CV10
£229,477
21
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV10
£36,183
39
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV10
4.6%
82
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price of £229,477 sits below the national average, placing it among the more affordable districts nationwide. Over the past decade, prices have grown at 4.6% annually—significantly above the typical rate of increase seen across Great Britain. Transaction volume has declined notably: 620 sales were recorded in the latest full year, compared with a 10-year average of 912 annually.
Rent & Yield Trends
Average monthly rent of £1,062 sits close to the national median. Rental growth over the past decade has been steady at 4.0% per year, in line with national trends. The current flat yield of 5.8% is noticeably above its 10-year average of 4.8%, reflecting an improving investment return for landlords in recent years.
Income & Affordability Trends
Average household income of £36,183 is below the national average. The price-to-income ratio of 6.2x has deteriorated slightly since 2016 (when it stood at 5.9x), indicating that property affordability has tightened over this period. Rental affordability has improved: the rent-to-income ratio has fallen from 29% in 2016 to 28% today.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (20.1% versus 17.5% nationally) and fewer young adults aged 16–24 (9.5% versus 11.0%). Mortgage ownership is more prevalent at 34.1% compared with the national average of 27.0%, while outright ownership is slightly below average. Employment is marked by a significantly higher share of elementary workers (15.2% versus 10.2% nationally) and caring roles (10.0% versus 9.2%), alongside fewer professionals (15.0% versus 20.5%).
