At a Glance
Average Property Price - E12
£528,858
83
National percentile
Average Monthly Rent - E
£2,113
93
National percentile
Average Net Household Income - E12
£45,374
77
National percentile
Flat / Maisonette Yield - E
4.8%
14
National percentile
10-Year Annualised Price Growth - E12
5.5%
94
National percentile
10-Year Annualised Rent Growth - E
3.3%
19
National percentile
Property Price & Volume Trends
The latest average property price of £529,000 ranks among the most expensive nationally. Over the past decade, prices have grown at 5.5% annually—a pace that sits among the fastest-growing areas nationally. Transaction activity has softened recently, with 125 sales recorded in the latest full year against a 10-year average of 159, suggesting a moderating market.
Rent & Yield Trends
Average monthly rents of £2,113 are among the highest in the country. However, rental growth over the past decade has been modest at 3.3% per annum, well below the national average, indicating rents have not kept pace with rising costs elsewhere. The flat yield currently stands at 4.8%, notably ahead of its 10-year average of 4.0%, reflecting improved returns for buy-to-let investors in recent years.
Income & Affordability Trends
Average household income of £45,374 is above the national median. The price-to-income ratio of 11.0x has deteriorated since 2016, when it stood at 10.3x, indicating purchase affordability has worsened. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 49.7% in 2016 to 46.2% today, though rents still consume a substantial share of household income.
Resident Demographic Profile
The population is notably younger and more family-oriented than national norms, with 24.8% under 15—well above the 17.5% average—and 23.5% aged 35–49. Home ownership is markedly lower, with only 19.4% owning outright and 18.6% with a mortgage, offset by a 38.7% private rental share—nearly double the national average. The employment mix shows above-average rates in elementary roles (17.1%) and sales (11.8%), with below-average representation among professionals and managers.