At a Glance
Average Property Price - CV36
£519,703
82
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV36
£38,516
52
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV36
4.7%
83
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price of £520,000 sits among the most expensive nationally, placing it in the top fifth of UK markets. Over the past decade, prices have grown at 4.7% annually—also among the fastest-growing areas nationally. Transaction activity last year reached 155 sales, a notable decline from the ten-year average of 200, suggesting a slowdown in market momentum.
Rent & Yield Trends
Average monthly rents of £1,062 are close to the national middle ground, with ten-year growth at 4.0% also tracking near typical UK trends. The flat yield of 5.8% is notably above its ten-year average of 4.8%, indicating that rental income has become more attractive relative to property values, though this reflects tightening price growth rather than strong rental uplifts.
Income & Affordability Trends
Average household income of £38,516 is broadly in line with the national average. The price-to-income ratio of 11.8x has drifted upward since 2016 (11.3x), suggesting homes have become less affordable relative to local earnings. Rental affordability has improved slightly, with the rent-to-income ratio falling from 29% to 28%, offering modest relief for renters.
Resident Demographic Profile
The population skews notably older, with nearly a quarter aged 65 and above—well above the national figure of 19.6%—while young adults aged 16–24 are markedly underrepresented at 7.5% compared to 11.0% nationally. Outright home ownership is elevated at 40.1%, while private renting is notably lower than the national average at 14.5%. The employment profile is weighted toward managers and professionals, who together account for 38.2% of the workforce, substantially above the national combined figure of 33.9%.