At a Glance
Average Property Price - NP10
£316,190
47
National percentile
Average Monthly Rent - NP
£858
28
National percentile
Average Net Household Income - NP10
£40,845
62
National percentile
Flat / Maisonette Yield - NP
6.0%
71
National percentile
10-Year Annualised Price Growth - NP10
5.0%
89
National percentile
10-Year Annualised Rent Growth - NP
4.9%
94
National percentile
Property Price & Volume Trends
The average property price of £316,190 sits close to the national midpoint. However, the area stands out for its robust 10-year annualised growth of 5.0%, placing it among the fastest-growing districts nationally. Transaction activity has moderated recently, with 351 sales in the latest year compared to a 10-year average of 482, reflecting broader market conditions.
Rent & Yield Trends
Average monthly rent of £858 is notably below the national average, placing the area in the lower-rent segment. Rents have grown strongly at 4.9% annually over the past decade, among the fastest growth rates in the UK. The flat yield has moved upward to 6.0%, above its 10-year average of 5.1%, indicating improving returns for landlords in recent years.
Income & Affordability Trends
Average net household income of £40,845 is above the national median, reflecting a reasonably affluent area. The price-to-income ratio of 6.9x has edged upward from 6.7x in 2016, signalling a marginal tightening of purchase affordability over the period. Rental affordability has similarly softened, with the rent-to-income ratio rising from 23.1% to 24.1%, though it remains moderate overall.
Resident Demographic Profile
The area has a notably higher concentration of mortgage-owning households (39.9%) compared to the national average of 27.0%, alongside stronger outright ownership (34.5%), together indicating a mature, settled owner-occupied market. The professional workforce is significantly elevated at 25.1% against the national 20.5%, with technical workers also overrepresented at 15%. Young adults aged 16–24 are noticeably underrepresented at 8.5% versus 11.0% nationally, reflecting limited student or early-career migration into the area.
