At a Glance
Average Property Price - KT2
£771,439
95
National percentile
Average Monthly Rent - KT
£1,733
89
National percentile
Average Net Household Income - KT2
£60,918
98
National percentile
Flat / Maisonette Yield - KT
4.8%
15
National percentile
10-Year Annualised Price Growth - KT2
1.3%
4
National percentile
10-Year Annualised Rent Growth - KT
2.5%
1
National percentile
Property Price & Volume Trends
The latest average property price of £771,439 places KT2 among the most expensive nationally. However, 10-year annualised growth of 1.3% has been markedly slower than the national average, reflecting a period of relative stagnation in this already mature market. Transaction volume has declined notably, with 292 sales in the latest year compared to a 10-year average of 415, suggesting reduced activity.
Rent & Yield Trends
Average monthly rent of £1,733 sits well above the national average. Rental growth has been extremely subdued at 2.5% annualised over the past decade—among the slowest nationally. The flat yield of 4.8% represents a modest improvement on the 10-year average of 4.0%, offering slightly more attractive rental returns than the period average despite sluggish growth.
Income & Affordability Trends
Average net household income of £60,918 is exceptionally high, placing the area among the wealthiest nationally. The current price-to-income ratio of 15.8x has deteriorated since 2016 (14.4x), indicating purchase affordability has weakened. Rental affordability has improved materially, however—the rent-to-income ratio has fallen from 35.8% in 2016 to 33.6% today.
Resident Demographic Profile
The age profile is notably skewed towards prime working and family years: 35–49-year-olds account for 24.1% of the population, well above the national average of 18.7%, whilst those aged 65+ represent a smaller share at 12.5%. The housing tenure mix is distinctive for high private rental occupation (30.3% against a national 21.7%) and a notably lower proportion of outright ownership (24.7% versus 33.7% nationally). Employment is heavily concentrated in professional and managerial roles—31.9% are professionals and 19.6% managers—double or far above national averages, with correspondingly minimal representation in trades and elementary occupations.