At a Glance
Average Property Price - CV33
£390,136
65
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV33
£44,451
74
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV33
1.5%
6
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price is £390,136, placing the district in the upper-middle range nationally. Over the past decade, prices have grown at just 1.5% annually, significantly below the national average, reflecting a period of subdued market activity. Transaction volumes have declined from their 10-year average: 152 sales were recorded in the latest full year, compared with a historical average of 202 annually.
Rent & Yield Trends
Average monthly rents in the broader CV area are £1,062, slightly above the national median. Rental growth over the past decade has averaged 4.0% annually, broadly in line with national trends. The flat yield currently stands at 5.8%, up meaningfully from the 10-year average of 4.8%, signalling improving income returns for landlords despite modest capital growth.
Income & Affordability Trends
Household income in CV33 averages £44,451 annually, placing the district well above the national average. The price-to-income ratio of 9.0x is tight and has improved substantially since 2016 (when it stood at 10.4x), indicating strengthening affordability for buyers. Rental affordability has also improved: the rent-to-income ratio is now 28%, down from 29% in 2016.
Resident Demographic Profile
The age profile is weighted notably towards older residents: those aged 50–64 account for 21% of the population (above the national 19.8%), and those 65+ represent 20.5% compared with 19.6% nationally. The tenure structure is distinctly owner-occupied, with 37.5% owning outright and 35.4% owning with a mortgage—well above national averages—while private renting (12.3%) is significantly below the 21.7% national rate. The employment mix is skewed towards higher-skilled roles: professionals account for 24.9% (well above the national 20.5%) and managers for 18.1% (above the 13.4% average), while elementary workers make up just 7.2% against a national 10.2%.