At a Glance
Average Property Price - KT13
£671,326
92
National percentile
Average Monthly Rent - KT
£1,733
89
National percentile
Average Net Household Income - KT13
£55,522
96
National percentile
Flat / Maisonette Yield - KT
4.8%
15
National percentile
10-Year Annualised Price Growth - KT13
-1.1%
1
National percentile
10-Year Annualised Rent Growth - KT
2.5%
1
National percentile
Property Price & Volume Trends
Properties in KT13 are among the most expensive nationally, with an average price of £671,000. However, the area has experienced prolonged weakness, with prices declining at an annualised rate of 1.1% over the past decade—a significant underperformance against the national trend. Transaction activity has also softened, with 341 sales in the latest year compared to an average of 418 over the previous ten years.
Rent & Yield Trends
Average monthly rents of £1,733 place the area in the upper tier nationally. Rental growth has been exceptionally sluggish at 2.5% per annum over ten years, among the slowest in the country. The flat yield has improved modestly to 4.8%, up from a ten-year average of 4.0%, reflecting the combination of elevated prices and steady rents.
Income & Affordability Trends
Average household income of £55,522 is among the highest nationally, reflecting the area's affluent demographic profile. Despite strong incomes, affordability has deteriorated: the price-to-income ratio has risen to 18.2x from 14.5x in 2016, signalling significantly reduced purchasing power. Rental affordability has improved slightly, with the rent-to-income ratio declining from 35.8% to 33.6% over the same period.
Resident Demographic Profile
The age profile skews notably towards families and mid-career professionals: those aged 35–49 represent 24% of the population, well above the national average of 18.7%, while young adults aged 16–24 are substantially underrepresented at 7% compared to 11% nationally. The housing tenure is dominated by mortgaged ownership (34.9%), notably higher than the national figure of 27.0%, with private renting also above average at 25.6%. Socially rented housing is uncommon at 8%, well below the national norm. The employment mix is heavily skewed towards senior roles: managers and professionals together account for over 52% of the workforce, compared to roughly 34% nationally, whilst skilled trades (5.2%) and plant/machine operatives (2.8%) are substantially underrepresented.