At a Glance
Average Property Price - EX23
£374,236
62
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX23
£35,080
32
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX23
3.0%
29
National percentile
10-Year Annualised Rent Growth - EX
3.5%
26
National percentile
Property Price & Volume Trends
The average property price in EX23 stands at £374,000, positioning it slightly above the national midpoint. Over the past decade, prices have grown at 3.0% annually—a pace notably slower than the national average, reflecting more modest market momentum. Transaction volumes have softened recently, with 222 sales in the latest year compared to a 10-year average of 310, suggesting a less active market than historically.
Rent & Yield Trends
Average monthly rents in the broader EX postcode area sit at £964, broadly in line with the national average. Rental growth over the past decade has been measured at 3.5% annually, slightly below the national rate. The flat yield currently stands at 4.4%, above its 10-year average of 3.9%, indicating a modest improvement in rental returns on capital invested.
Income & Affordability Trends
Average household income in EX23 is £35,080, below the national average, reflecting the rural and semi-rural character of the area. The price-to-income ratio of 11.7x has widened since 2016 (when it was 10.7x), signalling that purchasing power has weakened relative to price growth. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 27.7% in 2016 to 27% today, providing modest relief for renters.
Resident Demographic Profile
EX23 has a notably older population profile, with 28.7% aged 65 or over—significantly higher than the 19.6% national average—and a correspondingly lower proportion of young adults aged 16–24 at just 7.2%. Housing tenure is heavily skewed towards outright ownership, with 46.2% owning their homes without a mortgage, well above the national figure of 33.7%. The employment mix is distinctive for its strong trades workforce at 18.4%, nearly double the national average of 10.5%, reflecting the area's rural and construction-oriented economy.