At a Glance
Average Property Price - M33
£399,570
67
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M33
£41,765
65
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M33
4.9%
88
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The district's average property price of £400,000 sits well above the national midpoint, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 4.9% annually—a notably strong performance that outpaces typical UK growth by a considerable margin. Transaction volumes have moderated in recent years, with 704 sales in the latest full year compared to an average of 931 over the preceding decade, reflecting the tighter market conditions affecting many regions.
Rent & Yield Trends
Monthly rental costs of £1,211 are above the national average, reflecting the area's desirable status. Rent growth has been exceptional, rising at 5.5% annually over ten years—among the fastest rates seen nationally—underscoring sustained demand from tenants. The flat yield currently stands at 5.8%, a meaningful improvement on the 10-year average of 4.7%, indicating strengthening returns for buy-to-let investors in recent periods.
Income & Affordability Trends
Household income of £42,000 is solidly above the national average, positioning the area in the upper half nationally. However, affordability has deteriorated: the price-to-income ratio has risen to 9.6x from 7.7x in 2016, reflecting faster property price growth than wage increases. Rental affordability has similarly worsened, with the rent-to-income ratio climbing from 31.2% to 36.3% over the same period, indicating renters now spend a noticeably larger share of income on housing.
Resident Demographic Profile
The population skews towards families and established professionals: 23.8% are aged 35–49 (well above the 18.7% national average), while those aged 16–24 are markedly underrepresented at 7.3% versus 11.0% nationally. Homeownership is strong, with 34.2% owning with a mortgage—above the national 27.0%—and social rented housing significantly lower at 9.7% against the national 16.5%. The employment profile is distinctly white-collar: professionals make up 33.1% of the workforce (compared to 20.5% nationally) and managers a further 15.9%, whilst manual trades and elementary roles are notably sparse.