At a Glance
Average Property Price - ME6
£324,633
50
National percentile
Average Monthly Rent - ME
£1,248
66
National percentile
Average Net Household Income - ME6
£43,289
71
National percentile
Flat / Maisonette Yield - ME
6.2%
84
National percentile
10-Year Annualised Price Growth - ME6
3.7%
54
National percentile
10-Year Annualised Rent Growth - ME
4.8%
89
National percentile
Property Price & Volume Trends
The average property price in ME6 is £325,000, squarely at the national midpoint—neither markedly expensive nor affordable relative to other UK areas. Over the past decade, prices have grown at 3.7% annually, in line with the national average. Transaction activity has declined notably: the latest year saw 162 sales compared to a 10-year average of 219, suggesting a tightening of market activity.
Rent & Yield Trends
Rents in the ME postcode area average £1,248 per month, placing them above the national average at the higher end of mid-range. Over the past decade, rents have grown at 4.8% annually—significantly faster than the national average, reflecting strong rental demand. The flat yield currently stands at 6.2%, up from a 10-year average of 4.9%, indicating an improving return for landlords on capital invested.
Income & Affordability Trends
Average household income is £43,289, well above the national average and placing the area among better-earning regions. The price-to-income ratio of 7.2x suggests moderate purchase affordability; this has barely shifted since 2016 (7.1x), meaning property has stayed in line with income growth rather than outpacing it. Rental affordability has tightened: the rent-to-income ratio has risen from 26.7% in 2016 to 29.8% today, indicating that a larger share of household income is now devoted to rent.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (21.2% versus 17.5% nationally) and of working-age adults aged 35–49 (21.1% versus 18.7%), suggesting a family-oriented population. Mortgage-backed ownership is well above average at 36.4% compared to 27.0% nationally, whilst outright ownership is below average, reflecting younger and more mortgage-dependent households. The employment profile is more trade- and technical-focused than the national average, with trades at 12.9% and technical roles at 14%, whilst professional occupations are slightly underrepresented at 15.4%.