At a Glance
Average Property Price - NR14
£363,931
59
National percentile
Average Monthly Rent - NR
£920
37
National percentile
Average Net Household Income - NR14
£42,192
67
National percentile
Flat / Maisonette Yield - NR
5.4%
40
National percentile
10-Year Annualised Price Growth - NR14
3.4%
43
National percentile
10-Year Annualised Rent Growth - NR
4.4%
81
National percentile
Property Price & Volume Trends
The average property price of £364,000 is close to the national median, placing it just above the midpoint nationally. Over the past decade, prices have grown at 3.4% per annum—a pace below the national average, indicating more modest capital appreciation than many UK regions. Transaction activity has slowed markedly, with 372 sales in the latest year against a 10-year average of 509, suggesting weaker market momentum.
Rent & Yield Trends
Monthly rents of £920 sit below the national average, reflecting the rural and lower-density character of the area. Rental growth has been notably strong, however, rising at 4.4% per annum over the past decade—well above the national average and among the fastest-growing rents nationally. Flat yields have improved to 5.4%, up from a 10-year average of 4.3%, indicating more attractive returns for landlords in recent years.
Income & Affordability Trends
Average household income of £42,192 is above the national median, placing the area in the upper-middle range nationally. Affordability under pressure: the price-to-income ratio has widened to 9.1x from 7.2x in 2016, making property ownership measurably less accessible than it was eight years ago. Rental affordability has similarly deteriorated, with rents consuming 26.2% of income today compared to 21.6% in 2016.
Resident Demographic Profile
The population is notably older than the national average, with 25.8% aged 65 and over—well above the national 19.6%—and only 7.7% aged 16–24, compared to the national 11.0%. Housing tenure is heavily skewed towards outright ownership, at 44.7% against a national 33.7%, reflecting the area's established and mature housing stock. The workforce is more heavily weighted towards professional and managerial roles (22.9% and 15.6% respectively) than the national average, and trades occupations are also proportionally stronger, while elementary and plant/machine roles are notably underrepresented.