At a Glance
Average Property Price - CV7
£360,198
58
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV7
£38,103
50
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV7
3.4%
43
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price of £360,198 sits slightly above the national midpoint. Ten-year price growth has averaged 3.4% annually, which is below the national pace. Transaction activity has eased noticeably, with 358 sales in the latest year compared to a 10-year average of 459—a decline of around 22%.
Rent & Yield Trends
Average monthly rent of £1,062 is in line with the national median. Rental growth has run at 4.0% annually over the past decade, marginally ahead of the national trend. The flat yield has risen to 5.8%, a meaningful improvement from its 10-year average of 4.8%, reflecting recent strengthening in the rental market relative to capital values.
Income & Affordability Trends
Average net household income of £38,103 is close to the national average. The price-to-income ratio of 8.8x has deteriorated slightly since 2016 (when it stood at 8.3x), indicating that property values have outpaced income growth. Rental affordability has improved: the rent-to-income ratio of 28% is down from 29% in 2016, easing the burden on renters.
Resident Demographic Profile
The population skews slightly older than average, with 16–24 year-olds notably overrepresented at 15.2% compared to 11.0% nationally. Owner-occupation is above average at 68.4% (outright and mortgage combined), while private renting is proportionally lower at 18.7%. Managerial and professional employment is elevated at 35.8% of the workforce, well above the national share of 33.9%.