At a Glance
Average Property Price - HP14
£554,608
86
National percentile
Average Monthly Rent - HP
£1,492
81
National percentile
Average Net Household Income - HP14
£50,512
89
National percentile
Flat / Maisonette Yield - HP
5.4%
36
National percentile
10-Year Annualised Price Growth - HP14
2.9%
26
National percentile
10-Year Annualised Rent Growth - HP
3.7%
43
National percentile
Property Price & Volume Trends
The latest average property price of £555,000 places HP14 among the most expensive postcode districts nationally. Over the past decade, prices have grown at 2.9% annually—well below the national rate—reflecting a slower pace of appreciation in this established, mature market. Transaction activity has eased to 198 sales in the latest full year, down from a 10-year average of 240, suggesting softening momentum.
Rent & Yield Trends
Average monthly rents of £1,492 sit well above the national median, positioning the area among the pricier rental markets. Rent growth over ten years has averaged 3.7% per annum, close to the national rate. The current flat yield of 5.4% exceeds the 10-year average of 4.6%, indicating improving returns for landlords in recent years.
Income & Affordability Trends
Average net household income of £51,000 ranks among the highest nationally, reflecting the area's affluent demographic profile. The price-to-income ratio of 11.4x has deteriorated significantly since 2016 (9.8x), signalling reduced affordability for buyers relative to local earnings. Rental affordability has also tightened: the rent-to-income ratio has risen from 29.3% to 31.6%, placing more pressure on renters' budgets.
Resident Demographic Profile
The age profile skews older than national norms, with notably higher concentrations in the 50–64 age group (21.1% vs 19.8% nationally) and a younger contingent aged 25–34 (11.7% vs 13.4%). Housing tenure is distinctly weighted toward ownership: 37.1% own outright and 35% own with a mortgage, compared to national averages of 33.7% and 27% respectively, while social rented housing accounts for only 8.9% (well below the 16.5% national share). The employment profile is heavily skewed toward professional and managerial roles—21.8% professionals and 18.9% managers—with particularly low elementary occupation employment at 6.4%, reflecting a highly qualified, affluent workforce.