At a Glance
Average Property Price - EX16
£328,810
51
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX16
£37,500
46
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX16
3.7%
54
National percentile
10-Year Annualised Rent Growth - EX
3.5%
26
National percentile
Property Price & Volume Trends
The average property price in EX16 is £329,000, roughly in line with the national average. Over the past decade, prices have grown at 3.7% annually—a pace close to the national trend. Transaction volumes have slowed noticeably in recent years, with 384 sales in the latest full year compared to a 10-year average of 521, reflecting softer market activity.
Rent & Yield Trends
Monthly rents in the broader EX postcode area average £964, slightly below the national norm. Rental growth over the past decade has been steady at 3.5% per year, though this trails the national pace. The flat yield currently stands at 4.4%, up from a 10-year average of 3.9%, signalling an improving return environment for landlords.
Income & Affordability Trends
Average household income in EX16 is £37,500, marginally below the national median. Property affordability has deteriorated since 2016: the price-to-income ratio has risen from 7.7x to 9.1x, meaning homes now command significantly higher multiples of local earnings. Rental affordability has improved slightly, with the rent-to-income ratio falling from 27.7% to 27%, indicating a modest easing of rental cost burden.
Resident Demographic Profile
EX16 skews distinctly older and more affluent than the national average. Those aged 65 and over represent nearly a quarter of the population, compared to a national figure of 19.6%, while the 16–24 age group is notably underrepresented at 8.6%. Outright home ownership is elevated at 38.5%, and the trades sector is unusually prominent at 15.7% of employment. Professional employment is less common than nationally, at 14.6%, reflecting the rural and semi-rural character of the area.