At a Glance
Average Property Price - M22
£259,527
30
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M22
£31,609
12
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M22
5.6%
94
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The latest average property price in M22 is £260,000, placing it below the national average. However, the district has experienced notably strong price growth over the past decade, with annual appreciation of 5.6%—among the fastest nationally. Transaction activity has softened slightly, with 340 sales in the latest full year compared to a ten-year average of 384 per year.
Rent & Yield Trends
Average monthly rent in the broader M postcode area stands at £1,211, slightly above the national median. Rental growth has been exceptionally strong at 5.5% annually over ten years—among the fastest in the country. The current flat yield of 5.8% is notably higher than the ten-year average of 4.7%, reflecting improved rental returns relative to capital values.
Income & Affordability Trends
Average net household income in M22 is £31,609, considerably below the national average. The price-to-income ratio of 7.3x indicates that properties are less affordable than in 2016, when the ratio stood at 6.5x. Rental affordability has also deteriorated: the rent-to-income ratio has risen from 31.2% in 2016 to 36.3% today, meaning renters now spend a notably larger share of income on housing.
Resident Demographic Profile
M22 has a significantly younger age profile than the national average, with nearly a quarter of residents under 15—well above the 17.5% national figure. The district is dominated by social rented housing, with 46.9% of households in this tenure, compared to 16.5% nationally; owner-occupation is correspondingly low at just 35.7% combined. Employment is skewed towards elementary and caring roles (17.4% and 13.6% respectively), with proportionally fewer professionals and managers than the national average.