At a Glance
Average Property Price - M19
£289,153
39
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M19
£31,312
11
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M19
7.6%
99
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The average property price in M19 is £289,000, placing it below the national average. However, the district has experienced exceptional growth over the past decade: annualised price growth of 7.6% ranks among the fastest-growing areas nationally. Transaction activity has softened recently, with 339 sales in the latest year compared to a 10-year average of 406 annually.
Rent & Yield Trends
Average monthly rents in the broader M postcode area stand at £1,211, above the national median. Rental growth has been robust at 5.5% annually over ten years, outpacing most UK markets. The current flat yield of 5.8% is notably higher than the 10-year average of 4.7%, reflecting improved returns for rental investors in the area.
Income & Affordability Trends
Average household income in M19 is £31,312, significantly below the national average. The price-to-income ratio of 8.2x has deteriorated since 2016 (when it stood at 5.9x), indicating that property has become less affordable for local earners. Rental affordability has also worsened: the rent-to-income ratio has risen from 31.2% in 2016 to 36.3% today, putting greater pressure on renting households.
Resident Demographic Profile
M19 has a notably young age profile, with 22.8% of residents under 15—well above the national average of 17.5%—and 35–49 year-olds also overrepresented at 22.7%. The 65+ population is significantly lower at 10.2%, compared to the national 19.6%. Housing tenure is notably diverse: private rented accommodation accounts for 27.9% of households (against the national 21.7%), while social rented housing is higher at 20.5% versus 16.5% nationally. The employment mix shows a higher proportion of professionals (23.5% vs 20.5% nationally) and technical workers (14% vs 13.2%), but fewer managers and trades workers than average.