At a Glance
Average Property Price - CV34
£379,069
63
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV34
£42,394
67
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV34
3.0%
30
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price of £379,000 sits slightly above the national midpoint. Over the past decade, prices have grown at 3.0% annually, a pace below the national average, reflecting steadier rather than rapid appreciation. Transaction volumes have eased to 585 in the latest year from a 10-year average of 694, suggesting a moderately active but cooling market.
Rent & Yield Trends
Average monthly rents of £1,062 are close to the national median. Rental growth over ten years has averaged 4.0% per year, marginally ahead of the national pace. The flat yield currently stands at 5.8%, a meaningful rise from its 10-year average of 4.8%, indicating improved returns for landlords in recent years.
Income & Affordability Trends
Average household income of £42,394 sits above the national average, placing the area among higher-earning districts. The price-to-income ratio has improved notably from 9.4x in 2016 to 8.5x today, reflecting stronger affordability gains. Rental affordability has similarly improved, with the rent-to-income ratio falling from 29% to 28%, suggesting households face slightly less pressure from housing costs.
Resident Demographic Profile
The age profile skews slightly older, with those aged 35–49 representing 21.4% of the population versus the national average of 18.7%, while young adults aged 16–24 are notably underrepresented at 8.6% against 11.0% nationally. Owner-occupation is strong, with 33.5% owning with a mortgage well above the 27.0% national average, and private rental tenure below average at 16.7%. The employment mix is distinctly professional and technical, with 29.7% in professional roles against the national 20.5%, and 14.9% in technical work; trades and elementary occupations are conversely much less common.