At a Glance
Average Property Price - ME19
£513,474
82
National percentile
Average Monthly Rent - ME
£1,248
66
National percentile
Average Net Household Income - ME19
£50,663
90
National percentile
Flat / Maisonette Yield - ME
6.2%
84
National percentile
10-Year Annualised Price Growth - ME19
2.8%
24
National percentile
10-Year Annualised Rent Growth - ME
4.8%
89
National percentile
Property Price & Volume Trends
The average property price of £513,474 places ME19 among the most expensive nationally. However, its 10-year annualised growth of 2.8% has lagged well behind the national pace, reflecting a more measured market trajectory. Transaction activity has fallen noticeably, with 342 sales in the latest year compared to a 10-year average of 481—a decline of around 29%.
Rent & Yield Trends
Average monthly rent of £1,248 sits slightly above the national mid-point. Rental growth has been notably strong, with 10-year annualised increases of 4.8% placing the area among the fastest-growing nationally. The flat yield of 6.2% has risen meaningfully from its 10-year average of 4.9%, signalling improving returns for landlords despite a more subdued capital growth environment.
Income & Affordability Trends
Household income is well above the national average, ranking among the highest nationally at £50,663. Despite strong earnings, purchase affordability has tightened: the price-to-income ratio has worsened from 9.1x in 2016 to 10.3x today, reflecting price growth outpacing income gains. Rental affordability has also deteriorated, with the rent-to-income ratio rising from 26.7% to 29.8% over the same period.
Resident Demographic Profile
The age profile skews notably towards families and middle-aged residents: those aged 35–49 and 50–64 are each overrepresented at around 21% and 21% respectively, while young adults aged 16–24 are significantly underrepresented at 8.4%. The tenure mix shows a striking concentration of mortgage-holding households at 39.3%, well above the national average of 27%, while private renting is unusually low at 12.2%. Employment is weighted towards managers and professionals: managers account for 19.9% of the workforce—markedly above the national 13.4%—reflecting the area's appeal to commuter professionals.