At a Glance
Average Property Price - DA8
£358,929
58
National percentile
Average Monthly Rent - DA
£1,502
82
National percentile
Average Net Household Income - DA8
£48,695
86
National percentile
Flat / Maisonette Yield - DA
6.2%
82
National percentile
10-Year Annualised Price Growth - DA8
3.9%
61
National percentile
10-Year Annualised Rent Growth - DA
4.8%
88
National percentile
Property Price & Volume Trends
The current average property price of £359,000 sits slightly above the national midpoint, reflecting its location within the London commuter belt. Over the past decade, prices have grown at 3.9% annually—a rate in line with the national average. Transaction activity has eased noticeably: only 252 sales were recorded in the latest full year, compared to an average of 382 over the previous ten years, suggesting a cooling in market momentum.
Rent & Yield Trends
Average monthly rents of £1,502 are well above the national norm, placing the area among the most expensive rental markets nationally. Rent growth over the past decade has been robust at 4.8% annually—significantly stronger than the national average—reflecting sustained demand for rental housing. The flat yield of 6.2% represents a welcome uplift from the ten-year average of 5.0%, indicating improving returns for landlords in recent times.
Income & Affordability Trends
Average household income of £48,695 is well above the national average, among the highest regionally. The price-to-income ratio of 7.4x has improved from 7.9x in 2016, suggesting that affordability for owner-occupiers has modestly strengthened despite price growth. Rental affordability has tightened slightly: the rent-to-income ratio has risen from 29.9% in 2016 to 31%, indicating a larger share of household income is now devoted to rent.
Resident Demographic Profile
The area has a notably youthful profile, with 25.3% of residents under 15—well above the national average of 17.5%—reflecting strong family settlement. The 65+ population is correspondingly lower at 10.1%, compared to 19.6% nationally. Mortgage-backed ownership is above average at 32.2%, while social rented housing accounts for 30.1% of tenure—nearly double the national average of 16.5%—indicating a significant role for affordable housing. The employment mix shows elevated representation in caring roles (11.4% vs 9.2% nationally) and elementary occupations (11.9% vs 10.2%), with correspondingly fewer managers than the national average.