At a Glance
Average Property Price - KT16
£498,386
80
National percentile
Average Monthly Rent - KT
£1,733
89
National percentile
Average Net Household Income - KT16
£46,967
81
National percentile
Flat / Maisonette Yield - KT
4.8%
15
National percentile
10-Year Annualised Price Growth - KT16
2.9%
26
National percentile
10-Year Annualised Rent Growth - KT
2.5%
1
National percentile
Property Price & Volume Trends
The latest average property price in KT16 stands at £498,000, placing it among the most expensive nationally. Over the past decade, prices have grown at an annualised rate of 2.9%, which is notably below the national average pace of appreciation. Transaction activity has cooled, with 285 sales in the latest year compared to a 10-year average of 361 annually.
Rent & Yield Trends
Monthly rents in the broader KT area average £1,733, ranking among the most expensive nationally. Rental growth over the past decade has been extremely sluggish at 2.5% annually, well below the national trend. The flat yield currently stands at 4.8%, an improvement on the 10-year average of 4.0%, indicating a modest shift in favour of rental investors.
Income & Affordability Trends
Average net household income in KT16 is £46,967, placing it well above the national average. The price-to-income ratio of 10.4x has remained entirely flat since 2016, suggesting affordability pressures have neither worsened nor eased. Rental affordability has improved notably: the rent-to-income ratio has fallen from 35.8% in 2016 to 33.6% today, indicating rents have not kept pace with income growth.
Resident Demographic Profile
The population skews notably towards the 35–49 age bracket at 21.6%, well above the national average of 18.7%. The proportion of younger adults aged 16–24 is significantly lower at 8.1% compared to the national average of 11.0%. Mortgage ownership is markedly higher at 35.1% versus the national average of 27.0%, and social rented housing is less prevalent at 14.7% versus 16.5% nationally. The workforce is heavily weighted towards professionals (21.7%) and managers (16.2%), both well above national norms, whilst elementary roles (7.3%) and sales positions (5.2%) are significantly underrepresented.