At a Glance
Average Property Price - HP3
£522,118
83
National percentile
Average Monthly Rent - HP
£1,492
81
National percentile
Average Net Household Income - HP3
£48,148
84
National percentile
Flat / Maisonette Yield - HP
5.4%
36
National percentile
10-Year Annualised Price Growth - HP3
3.5%
49
National percentile
10-Year Annualised Rent Growth - HP
3.7%
43
National percentile
Property Price & Volume Trends
The average property price of £522,000 ranks among the most expensive nationally. Over the past decade, prices have grown at 3.5% per year—close to the national average and reflecting steady but unremarkable capital appreciation. Transaction activity has eased from its 10-year average: 388 sales in the latest year, down from a typical annual run rate of 493, suggesting a gentler market tempo.
Rent & Yield Trends
Rental costs of £1,492 per month are well above the national average. Rent growth over ten years has been modest at 3.7% per year, slightly below the national pace. The flat yield currently stands at 5.4%, representing a meaningful improvement on the 10-year average of 4.6%, indicating that rental returns have become more attractive relative to property values.
Income & Affordability Trends
Household income of £48,000 is well above the national average. The price-to-income ratio of 9.2x has remained flat since 2016, suggesting that price growth and earnings have broadly kept pace. Rental affordability, however, has deteriorated: rent now represents 31.6% of annual income, up from 29.3% in 2016, indicating that the cost of renting has risen faster than wages.
Resident Demographic Profile
The population skews slightly older than the national norm, with 35–49 year-olds notably over-represented at 21.4% versus the national 18.7%. Mortgage-holding owner-occupiers form a particularly dominant group at 34.6%, well above the national average of 27.0%, while private renting is below average at 15.1%. Employment is weighted toward professional and managerial roles—36.3% combined, versus the national 33.9%—reflecting a affluent, white-collar character.