At a Glance
Average Property Price - EX24
£499,532
80
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX24
£39,726
57
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX24
5.5%
94
National percentile
10-Year Annualised Rent Growth - EX
3.5%
26
National percentile
Property Price & Volume Trends
The average property price in EX24 is £500,000, placing it among the most expensive nationally. Over the past decade, the area has experienced strong price growth of 5.5% annually — significantly faster than the national average. However, transaction activity has slowed recently, with 47 sales in the latest year compared to a 10-year average of 63 per year.
Rent & Yield Trends
Average monthly rent in the broader EX area stands at £964, close to the national midpoint. Rent growth over the past decade has been below average at 3.5% annually. The current flat yield of 4.4% represents a notable improvement from the 10-year average of 3.9%, reflecting a favourable shift in income return for investors.
Income & Affordability Trends
Average household income of £40,000 is slightly above the national median. However, affordability for buyers has deteriorated: the price-to-income ratio has risen from 9.3x in 2016 to 10.7x today, signalling that properties now require substantially longer to repay via income. Rental affordability has improved modestly, with the rent-to-income ratio easing from 27.7% to 27% over the same period.
Resident Demographic Profile
EX24 has a significantly older age profile than the national average, with 37% of residents aged 65 and over — nearly double the national figure — and only 13% under 25. Housing tenure is heavily weighted towards outright ownership at 57%, far above the national norm, reflecting the area's established, older demographic. The employment mix leans towards managers (17%) and trades (17%), both above average, whilst professional occupations are modestly underrepresented.