At a Glance
Average Property Price - EX12
£342,511
54
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX12
£36,898
43
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX12
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 EX12 is £343,000, broadly in line with the national average. Over the past decade, prices have grown at 3.5% annually—a pace slightly below the national trend. Transaction activity has slowed considerably: the latest full year saw 161 sales compared to an historical annual average of 239, a decline of around one-third.
Rent & Yield Trends
Average monthly rents in the broader EX postcode area stand at £964, slightly below the national median. Rental growth over ten years has averaged 3.5% annually, which is below the national pace. The flat yield has recently improved to 4.4%, up from a ten-year average of 3.9%, reflecting a modest shift towards rental returns.
Income & Affordability Trends
Average household income is £36,898, modestly below the national average. Purchase affordability has improved over the past eight years: the price-to-income ratio has tightened from 8.9x to 8.5x, easing the burden relative to earnings. Rental affordability has also improved, with the rent-to-income ratio falling from 27.7% to 27%, indicating rent as a proportion of income has declined.
Resident Demographic Profile
This is a markedly older population: 42.1% are aged 65 and over—more than double the national average of 19.6%—while those under 25 represent just 17% combined, against 28.5% nationally. Housing tenure is dominated by outright ownership at 56.2%, nearly 70% above the national average, reflecting the prevalence of retirees without mortgages. The employment profile skews towards trades (15.6%) and caring roles (12.2%), both above national norms, while professional occupations are notably underrepresented at 14.4%.