At a Glance
Average Property Price - KT15
£454,196
75
National percentile
Average Monthly Rent - KT
£1,733
89
National percentile
Average Net Household Income - KT15
£47,867
83
National percentile
Flat / Maisonette Yield - KT
4.8%
15
National percentile
10-Year Annualised Price Growth - KT15
2.1%
10
National percentile
10-Year Annualised Rent Growth - KT
2.5%
1
National percentile
Property Price & Volume Trends
The average property price in KT15 is £454,000, placing it among the most expensive areas nationally. However, growth over the past decade has been weak: at 2.1% annualised, it ranks among the slowest-growing areas in the country. Transaction activity has softened, with 363 sales recorded in the latest year against a 10-year average of 444.
Rent & Yield Trends
Average monthly rent across the broader KT area is £1,733, well above the national norm and in the top tier nationally. Rental growth has been exceptionally sluggish at 2.5% annualised, among the slowest in the country. The flat yield has improved to 4.8%, up from a 10-year average of 4.0%, signalling a modest turnaround in rental income relative to capital values.
Income & Affordability Trends
Household incomes in KT15 are strong, averaging £47,867 and placing the area in the upper fifth nationally. Purchase affordability has tightened: the price-to-income ratio now stands at 10.1x, up from 9.8x in 2016, indicating homes are now harder to reach relative to earnings. Rental affordability has improved, however: the rent-to-income ratio has fallen to 33.6% from 35.8% over the same period, making renting more manageable.
Resident Demographic Profile
The area skews towards families and established householders. Those aged 35–49 are notably overrepresented at 21.4% against the national average of 18.7%, while young adults aged 16–24 are significantly underrepresented at 8.7% compared to 11.0%. Owner-occupation is high: 36.1% own with a mortgage, well above the national 27.0%, and shared ownership is also elevated at 2.6%. The professional and managerial workforce is strong, and elementary occupations are less common than the national average.