At a Glance
Average Property Price - NG22
£270,176
34
National percentile
Average Monthly Rent - NG
£891
32
National percentile
Average Net Household Income - NG22
£39,903
58
National percentile
Flat / Maisonette Yield - NG
6.1%
81
National percentile
10-Year Annualised Price Growth - NG22
3.8%
59
National percentile
10-Year Annualised Rent Growth - NG
4.7%
87
National percentile
Property Price & Volume Trends
The average property price of £270,176 sits below the national average, placing it among more affordable areas nationally. Over the past decade, prices have grown at 3.8% annually—close to the national pace—reflecting steady but modest capital appreciation. Transaction activity has declined in the latest year, with 359 sales against a 10-year average of 457, suggesting a quieter market.
Rent & Yield Trends
Average monthly rent of £891 is below the national average, making it an affordable rental market. Rent growth has accelerated sharply, with 10-year annualised growth of 4.7%—among the fastest nationally—indicating strong upward pressure on tenant costs. The flat yield has improved notably to 6.1%, significantly above its 10-year average of 4.8%, reflecting the combination of rising rents and stable capital values.
Income & Affordability Trends
Average household income of £39,903 sits slightly above the national median, indicating a broadly middle-income area. The price-to-income ratio has drifted upward to 6.6x from 6.3x in 2016, signalling modest deterioration in purchase affordability over the period. Rental affordability has also edged backward, with rent-to-income rising to 23.9% from 23.1% in 2016, reflecting the faster growth in rents than incomes.
Resident Demographic Profile
The population skews notably older than the national average, with 23.4% aged 65 and over (against 19.6% nationally) and 23.1% aged 50–64 (versus 19.8%), whilst the youth and young adult cohorts are significantly underrepresented. Outright home ownership is strong at 40.2%, well above the 33.7% national figure, whilst private rental and social rented sectors are both below average. The employment mix is relatively balanced, though trades and elementary occupations are slightly elevated at 12.4% each, and professionals are somewhat below the national norm at 15%.