At a Glance
Average Property Price - KT12
£647,324
92
National percentile
Average Monthly Rent - KT
£1,733
89
National percentile
Average Net Household Income - KT12
£53,389
94
National percentile
Flat / Maisonette Yield - KT
4.8%
15
National percentile
10-Year Annualised Price Growth - KT12
2.1%
11
National percentile
10-Year Annualised Rent Growth - KT
2.5%
1
National percentile
Property Price & Volume Trends
At £647,000, KT12 sits among the most expensive postcode districts nationally. However, over the past decade it has seen only modest price growth of 2.1% annually, placing it well below the national average rate. Transaction activity has slowed noticeably, with 494 sales in the latest year compared to a 10-year average of 642, suggesting a more cautious market.
Rent & Yield Trends
Average monthly rents of £1,733 are well above the national midpoint. Rental growth over the past decade has been minimal at 2.5% annually—among the slowest in the country. The current flat yield of 4.8% represents a meaningful improvement from the 10-year average of 4.0%, reflecting better returns for buy-to-let investors despite sluggish rent growth.
Income & Affordability Trends
Household incomes average £53,389, placing the area among the most affluent nationally. Purchase affordability has deteriorated slightly; the price-to-income ratio has risen from 12.4x in 2016 to 12.8x today. Rental affordability has improved markedly, however, with the rent-to-income ratio falling from 35.8% to 33.6% over the same period.
Resident Demographic Profile
The population skews heavily towards families and middle-aged professionals. Those aged 35–49 represent nearly a quarter of residents, well above the national average, while the 16–24 age group is markedly underrepresented. Owner-occupation is strong, with 36% holding mortgages—notably higher than the national norm. The workforce is dominated by professionals and managers, who together account for nearly 47% of employment, whilst trades and elementary occupations are considerably less prevalent than nationally.