At a Glance
Average Property Price - N18
£389,367
65
National percentile
Average Monthly Rent - N
£2,250
94
National percentile
Average Net Household Income - N18
£43,766
72
National percentile
Flat / Maisonette Yield - N
4.4%
6
National percentile
10-Year Annualised Price Growth - N18
3.5%
48
National percentile
10-Year Annualised Rent Growth - N
3.4%
20
National percentile
Property Price & Volume Trends
The latest average property price stands at £389,000, placing it in the upper half of the national market. Over the past decade, prices have grown at 3.5% annually, a pace broadly in line with the national average. Transaction activity has softened, with 105 sales in the latest year compared to a 10-year annual average of 137, suggesting a cooler market.
Rent & Yield Trends
Average monthly rent in the broader N postcode area is £2,250, among the most expensive nationally. Rental growth over ten years has been 3.4% per annum, below the national average, indicating slower momentum in the lettings market. The flat yield currently stands at 4.4%, above its 10-year average of 3.5%, marking an improvement for buy-to-let investors.
Income & Affordability Trends
Household income averages £43,766, notably above the national median. The price-to-income ratio of 9.2x has improved considerably from 10.8x in 2016, reflecting stronger purchasing power. Rental affordability has also strengthened markedly, with the rent-to-income ratio falling from 51.2% to 42.8% over the same period, easing the burden on renters.
Resident Demographic Profile
The area skews distinctly younger and more deprived than the national profile. Children under 15 represent nearly a quarter of residents—well above the national 17.5%—while the 65+ population is notably low at 10%. The housing market is dominated by private rental (35.1%) and social rented (27.6%) tenures, together accounting for over 60% of homes, far exceeding national averages. Employment is weighted heavily towards elementary occupations (16.4%) and caring roles (12.1%), with professionals and managers notably underrepresented.
