At a Glance
Average Property Price - CV35
£451,370
75
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV35
£46,150
79
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV35
1.7%
6
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price of £451,000 places CV35 among the more expensive districts nationally. However, 10-year annualised growth of 1.7% has been well below the national pace, reflecting subdued long-term appreciation in this established market. Transaction volumes have eased from their 10-year average, with 365 sales recorded in the latest full year compared to 469 historically.
Rent & Yield Trends
Average monthly rent of £1,062 sits close to the national midpoint. Rental growth has been broadly in line with the UK, rising at 4.0% annually over the past decade. The flat yield of 5.8% has improved noticeably from its 10-year average of 4.8%, suggesting better income returns for buy-to-let investors in the current environment.
Income & Affordability Trends
Household income is notably strong, sitting well above the national average at £46,150. The price-to-income ratio of 10.9x reflects reasonable purchasing power relative to local earnings, and has actually improved since 2016 (when it stood at 11.7x). Rental costs consume 28% of income, a modest figure that has similarly improved from 29% in 2016.
Resident Demographic Profile
The population skews notably older, with those aged 50–64 and 65+ together representing 44% of residents—well above national norms. The 16–24 age group is markedly underrepresented at 7.7%. Owner-occupation is strong at 73%, with outright ownership particularly prevalent at 38.5%. The employment profile is weighted heavily towards professionals (24.6%) and managers (19.4%), both significantly above national averages, whilst elementary occupations are notably sparse.