At a Glance
Average Property Price - EX39
£307,356
44
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX39
£34,617
29
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX39
3.2%
35
National percentile
10-Year Annualised Rent Growth - EX
3.5%
26
National percentile
Property Price & Volume Trends
The average property price in EX39 is £307,000, which is slightly below the national median. Over the past decade, the area has seen annualised price growth of 3.2%, which is below the national average pace, suggesting a more modest appreciation trajectory than many parts of the UK. Transaction activity has slowed: 613 sales were completed in the latest full year, compared with an average of 815 annually over the past decade, indicating a recent softening in market momentum.
Rent & Yield Trends
Average monthly rental costs in the broader EX postcode area stand at £964, close to the national midpoint. Rental growth over the past decade has been 3.5% per year—below the national average, reflecting relatively steady rather than dynamic demand. The flat yield currently sits at 4.4%, above the 10-year average of 3.9%, indicating an improving return for buy-to-let investors, with yields trending upward.
Income & Affordability Trends
Average household income in EX39 is £35,000, placing it in the lower-income third nationally. Purchase affordability has deteriorated: the price-to-income ratio has risen from 8.5x in 2016 to 9.8x today, meaning homes now require nearly a decade of average household income to purchase—a meaningful shift over the period. Rental affordability has improved slightly, with the rent-to-income ratio falling from 27.7% to 27%, offering modest relief to tenants.
Resident Demographic Profile
The population is distinctly older, with a quarter aged 65 and over—well above the national average of 19.6%—and correspondingly lower representation of younger adults, particularly the 16–24 age group at 7.9% versus a national norm of 11%. Housing tenure reflects this profile: 42% own their homes outright, significantly higher than the 33.7% national average. The employment mix is weighted towards trades (16.8% versus 10.5% nationally) and caring professions (13.5% versus 9.2%), with notably lower representation of managers and professionals, typical of a coastal-retirement economy.