At a Glance
Average Property Price - KT9
£471,155
77
National percentile
Average Monthly Rent - KT
£1,733
89
National percentile
Average Net Household Income - KT9
£53,235
93
National percentile
Flat / Maisonette Yield - KT
4.8%
15
National percentile
10-Year Annualised Price Growth - KT9
3.1%
32
National percentile
10-Year Annualised Rent Growth - KT
2.5%
1
National percentile
Property Price & Volume Trends
The latest average property price of £471,000 places KT9 among the most expensive nationally. Price growth over the past decade has averaged 3.1% annually, which is notably slower than the national trend. Transaction activity in the latest full year stood at 237 sales, slightly below the ten-year average of 263.
Rent & Yield Trends
Average monthly rents of £1,733 are among the highest nationally. However, rent growth has been exceptionally slow, averaging just 2.5% annually over a decade—substantially below national pace. The flat yield currently stands at 4.8%, an improvement on the ten-year average of 4.0%, reflecting the tightening relationship between rents and prices.
Income & Affordability Trends
Household incomes here rank among the highest nationally, averaging £53,235. The price-to-income ratio of 8.5x has improved since 2016 (when it stood at 8.9x), indicating greater affordability relative to local earnings. Rental affordability has similarly strengthened, with the rent-to-income ratio falling from 35.8% in 2016 to 33.6% today.
Resident Demographic Profile
The population skews notably towards families, with 21.9% aged 35–49 and 20% aged 50–64, both meaningfully above national norms. Mortgage ownership is particularly high at 39.5%, substantially exceeding the national average, while private renting is below average at 15.6%. The workforce is skilled, with above-average representation in technical roles (14.1%) and elevated administrative employment (11.1%), offset by below-average elementary work (8.5%).