At a Glance
Average Property Price - EX32
£273,089
34
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX32
£34,378
28
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX32
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 EX32 is £273,000, placing it below the national average. Over the past decade, prices have grown at 3.0% annually—a pace slower than the UK norm. Transaction activity has softened recently, with 279 sales in the latest full year compared to a 10-year average of 366, suggesting a moderating market.
Rent & Yield Trends
Average monthly rent in the broader EX postcode area stands at £964, close to the national midpoint. Rental growth over ten years has averaged 3.5% annually, below the national trend, indicating modest pressure on lettings income. The flat yield has improved to 4.4% from a 10-year average of 3.9%, a welcome uplift driven by rising rents relative to property values.
Income & Affordability Trends
Household income in EX32 averages £34,378, notably below the national median. Purchase affordability has deteriorated: the price-to-income ratio has risen from 7.3x in 2016 to 7.9x today, making homeownership increasingly stretched. Rental affordability, however, has shown marginal improvement, with the rent-to-income ratio easing from 27.7% to 27%.
Resident Demographic Profile
The population skews notably older, with over a fifth aged 65 and above compared to the national average of 19.6%, and a higher share aged 50–64. Young adults are underrepresented: those aged 16–24 account for just 9.1%, well below the national 11.0%. The employment mix reflects this age profile, with trades occupations notably elevated at 14.8% against a national average of 10.5%, whilst professional and managerial roles are comparatively underrepresented.