At a Glance
Average Property Price - HP11
£411,773
69
National percentile
Average Monthly Rent - HP
£1,492
81
National percentile
Average Net Household Income - HP11
£46,840
81
National percentile
Flat / Maisonette Yield - HP
5.4%
36
National percentile
10-Year Annualised Price Growth - HP11
3.3%
39
National percentile
10-Year Annualised Rent Growth - HP
3.7%
43
National percentile
Property Price & Volume Trends
The latest average property price in HP11 is £412,000, placing it among the more expensive districts nationally. Over the past decade, prices have grown at 3.3% annually—a rate somewhat below the national average. Transaction activity has softened considerably, with 191 sales recorded in the latest full year compared to a 10-year average of 276, signalling a more cautious market.
Rent & Yield Trends
Average monthly rent in the broader HP postcode area stands at £1,492, well above the national average. Rental growth over ten years has averaged 3.7% per year, slightly below the national pace. The flat yield has improved noticeably, now at 5.4% against a 10-year average of 4.6%, reflecting strengthening returns for buy-to-let investors.
Income & Affordability Trends
Average net household income of £47,000 places the area among the most affluent nationally. Purchase affordability has improved markedly: the price-to-income ratio has fallen from 9.3x in 2016 to 7.7x today, suggesting homes are now more achievable relative to local earnings. However, rental affordability has shifted in the opposite direction, with rent consuming 31.6% of income compared to 29.3% in 2016, indicating rising pressure on tenants.
Resident Demographic Profile
The population is notably family-oriented, with 21.8% of residents under 15—well above the national average of 17.5%—and a particularly strong 35–49 age group at 22%. Conversely, the over-65 population at 10.8% is significantly lower than the national average of 19.6%, creating a younger overall profile. Tenure is more balanced than typical, with above-average mortgage ownership (33.4% vs 27% nationally) and a substantial private rented sector at 31.1%. The workforce is notably professional and technical, with 24.2% in professional roles (above the 20.5% national average) and 13.7% in technical positions; trades are underrepresented at 8.1%.