At a Glance
Average Property Price - M41
£354,450
57
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M41
£37,134
45
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M41
5.7%
95
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The latest average property price in M41 is £354,000, placing it slightly above the midpoint of national values. Over the past decade, prices have grown at 5.7% annually—a pace among the fastest nationally. Transaction activity has slowed compared to its 10-year average, with 465 sales in the latest full year against a typical run-rate of 617.
Rent & Yield Trends
Average monthly rent across the broader M postcode area is £1,211, above the national median. Rental growth over the past decade has been among the strongest in the country at 5.5% per annum. The flat yield currently stands at 5.8%, a meaningful uplift from its 10-year average of 4.7%, reflecting a tightening relationship between prices and rents in the investor's favour.
Income & Affordability Trends
Average net household income of £37,134 falls slightly below the national average. The price-to-income ratio has deteriorated markedly to 8.8x from 7.2x in 2016, signalling a notable reduction in purchase affordability. Rental affordability has also weakened, with rent now consuming 36.3% of household income compared to 31.2% a decade ago.
Resident Demographic Profile
The population skews older than the national profile: those aged 50 and over account for over 42% of residents, well above the national share. Owner-occupation is particularly strong, with 37.6% owning outright and a further 36.6% with mortgages—together exceeding national norms. The employment base is tilted towards professional and technical roles, which together represent over 41% of workers, while trades and elementary occupations are underrepresented.