At a Glance
Average Property Price - M24
£237,592
24
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M24
£31,188
11
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M24
7.0%
99
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The average property price of £238,000 sits below the national average, placing it among the more affordable areas nationally. Over the past decade, prices have grown at 7.0% annually—among the fastest growth rates nationally. Transaction activity has eased recently, with 544 sales recorded in the latest full year compared to a 10-year average of 704 per year.
Rent & Yield Trends
Average monthly rent of £1,211 sits slightly above the national midpoint. Rents have expanded at 5.5% per year over ten years, placing the area among the strongest performers nationally for rental growth. The flat yield currently stands at 5.8%, a meaningful improvement on the 10-year average of 4.7%, indicating that rental returns have strengthened relative to property prices.
Income & Affordability Trends
Average household income of £31,188 is notably below the national average, placing the area among the least affluent quarters nationally. The price-to-income ratio of 7.0x reflects worsening affordability for owner-occupiers since 2016, when it stood at 5.1x. Rental affordability has similarly deteriorated: the rent-to-income ratio has risen from 31.2% to 36.3%, meaning renters now spend a larger share of income on housing.
Resident Demographic Profile
The area has a notably higher proportion of children, with 21.6% aged under 15 compared to the national average of 17.5%. Social rented housing is substantially more prevalent at 25.7% against the national average of 16.5%, whilst private renting is comparatively lower at 15.9%. The employment profile skews towards caring roles (12.2% vs 9.2% nationally) and elementary occupations (13.5% vs 10.2%), whilst professional workers are underrepresented at 15.2% against the national average of 20.5%.