At a Glance
Average Property Price - EX10
£469,743
77
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX10
£41,941
66
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX10
3.5%
48
National percentile
10-Year Annualised Rent Growth - EX
3.5%
26
National percentile
Property Price & Volume Trends
The average property price in EX10 is £470,000, placing it among the most expensive nationally. Price growth over the past decade has averaged 3.5% annually, in line with the national pace. Transaction activity in the latest year stood at 301 sales, below the 10-year average of 371, suggesting a softening in market momentum.
Rent & Yield Trends
Average monthly rents in the broader EX area stand at £964, close to the national average. Rental growth over the past decade has been modest at 3.5% annually, notably slower than the national trend. The current rental yield of 4.4% sits above the 10-year average of 3.9%, indicating improved returns for buy-to-let investors in recent conditions.
Income & Affordability Trends
Average household income of £42,000 is above the national average. Purchase affordability has tightened, with the current price-to-income ratio of 11.6x up from 10.8x in 2016, suggesting homes have become harder to afford relative to local earnings. Rental affordability has improved slightly, with rents now representing 27% of income compared to 27.7% in 2016.
Resident Demographic Profile
EX10 has a distinctly older population: those aged 65 and over represent 41% of residents, more than double the national average of 19.6%. The under-15 and 25–34 age groups are particularly underrepresented at 12% and 6% respectively, well below national figures of 17.5% and 13.4%. Outright home ownership is notably high at 57.5% versus the national 33.7%, whilst mortgage-backed ownership is correspondingly lower at 17.6%. Employment is skewed towards managers and professionals, who together account for 33% of the workforce.