At a Glance
Average Property Price - EX38
£265,076
32
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX38
£34,891
31
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX38
3.0%
28
National percentile
10-Year Annualised Rent Growth - EX
3.5%
26
National percentile
Property Price & Volume Trends
The latest average property price in EX38 is £265,000, placing it below the national average. Over the past decade, prices have grown at 3.0% per year—a slower pace than the UK average. Transaction activity was relatively steady in the latest year at 129 sales, slightly below the 10-year average of 141.
Rent & Yield Trends
The average monthly rent across the broader EX postcode area stands at £964, close to the national midpoint. Rental growth over the past decade has averaged 3.5% annually, slightly below the national pace. The flat yield has improved noticeably, reaching 4.4% in the latest year compared to its 10-year average of 3.9%, signalling improving returns for landlords.
Income & Affordability Trends
Average household income in EX38 is £34,891, notably below the national average. The price-to-income ratio of 8.1x has worsened since 2016 (when it stood at 7.4x), reflecting a tightening of purchase affordability. Rental affordability has marginally improved, with rent-to-income at 27% compared to 27.7% in 2016.
Resident Demographic Profile
EX38 has a markedly older age profile, with 27.8% aged 65 and over—well above the national average of 19.6%—and only 7.8% aged 16–24, significantly below the national norm. Housing is dominated by outright ownership at 44.9%, substantially higher than the national 33.7%. The employment mix is notably weighted towards trades at 19.4% (against a national 10.5%) and caring professions at 12.3% (above the national 9.2%), while professional roles are underrepresented at 12.5% versus the national 20.5%.