At a Glance
Average Property Price - EX15
£328,366
51
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX15
£39,804
57
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX15
3.9%
61
National percentile
10-Year Annualised Rent Growth - EX
3.5%
26
National percentile
Property Price & Volume Trends
The latest average price in EX15 is £328,000, broadly in line with the national average. Over the past decade, prices have grown at 3.9% annually—a slightly above-average rate nationally. Transaction activity has slowed: the district recorded 297 sales in the latest full year, down from a 10-year average of 404, suggesting a softer market than its historical trend.
Rent & Yield Trends
Average monthly rent in the broader EX postcode area stands at £964, slightly below the national midpoint. Rental growth over ten years has been 3.5% annually—notably slower than the national average, indicating muted demand for lettings in the region. Flat yield has improved to 4.4% from a 10-year average of 3.9%, showing better returns for investors in recent periods.
Income & Affordability Trends
Household income is above average at nearly £39,800, placing the district above the national midpoint. Purchase affordability has tightened: the price-to-income ratio has risen from 7.1x in 2016 to 8.6x today, reflecting stronger price growth than income gains. Rental affordability has slightly improved, with the rent-to-income ratio easing from 27.7% to 27%, leaving rents moderately stretched relative to local earnings.
Resident Demographic Profile
The population skews notably older and more settled than national averages. Those aged 50–64 represent 21.8% (nearly 2 points above the national norm) and the 65+ group comprise 22.7% (3 points above average), reflecting a mature, retired demographic. Outright home ownership is strong at 38.7%, well above the national 33.7%, whilst younger adults aged 16–24 are notably underrepresented at 8.4% versus the national 11%. The trades workforce is more prominent at 13.9%, matching a rural and semi-rural character.