At a Glance
Average Property Price - GL12
£418,436
70
National percentile
Average Monthly Rent - GL
£1,082
58
National percentile
Average Net Household Income - GL12
£46,086
79
National percentile
Flat / Maisonette Yield - GL
5.0%
21
National percentile
10-Year Annualised Price Growth - GL12
3.8%
60
National percentile
10-Year Annualised Rent Growth - GL
4.2%
65
National percentile
Property Price & Volume Trends
The average property price of £418,000 sits among the more expensive nationally, reflecting broader regional strength. Annual price growth over the past decade has averaged 3.8%, which is close to the national pace. Transaction activity has slowed noticeably in recent years, with 159 sales in the latest year compared to a 10-year average of 226 annually.
Rent & Yield Trends
Average monthly rent of £1,082 is close to the national midpoint. Rental growth has outpaced the national average, rising 4.2% annually over ten years. The flat yield currently stands at 5.0%, which is notably higher than the 10-year average of 4.1%, signalling improving returns for landlords.
Income & Affordability Trends
Household incomes are well above the national average at £46,086, placing the area among higher-earning districts. The price-to-income ratio of 9.0x has deteriorated since 2016 (when it was 8.3x), indicating that property prices have grown faster than incomes. Rental affordability has similarly tightened; rent now consumes 27.3% of income, up from 26.1% in 2016.
Resident Demographic Profile
The population skews notably older, with over one in five residents aged 65 and an additional 22.9% aged 50–64, well above national averages. The 16–24 age group is underrepresented at 8.4%. Outright home ownership is strong at 42.3%, and mortgage ownership is also elevated at 33.1%, reflecting the mature, settled character of the area. Professional employment is more prevalent than nationally, while elementary and sales roles are less common.