At a Glance
Average Property Price - EX33
£455,000
75
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX33
£41,127
63
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX33
3.7%
55
National percentile
10-Year Annualised Rent Growth - EX
3.5%
26
National percentile
Property Price & Volume Trends
The district is among the most expensive nationally, with an average price of £455,000. Ten-year growth has been modest at 3.7% annually, close to the national average. Transaction activity has slowed, with 126 sales in the latest year compared to a ten-year annual average of 181.
Rent & Yield Trends
Average monthly rent of £964 sits slightly below the national mid-point. Rent growth over the past decade has lagged nationally at 3.5% annually. Yields have improved, rising to 4.4% from a ten-year average of 3.9%, reflecting the positive direction of the rental market.
Income & Affordability Trends
Average household income of £41,127 is above the national median. Affordability for purchase has deteriorated: the price-to-income ratio has widened from 9.7x in 2016 to 12.4x today. Rental affordability has improved slightly, with the rent-to-income ratio declining from 27.7% to 27%.
Resident Demographic Profile
The population is significantly older than the national profile, with 25% aged 65 and above compared to 20% nationally, and only 8.5% aged 16–24 against 11% nationally. Outright ownership is notably high at 43%, well above the national average of 34%. The workforce is skewed towards technical roles at 16.9% and trades at 13.2%, with fewer professionals and administrative staff than the national average.