At a Glance
Average Property Price - NR9
£351,991
57
National percentile
Average Monthly Rent - NR
£920
37
National percentile
Average Net Household Income - NR9
£43,433
71
National percentile
Flat / Maisonette Yield - NR
5.4%
40
National percentile
10-Year Annualised Price Growth - NR9
3.7%
54
National percentile
10-Year Annualised Rent Growth - NR
4.4%
81
National percentile
Property Price & Volume Trends
The average property price of £352,000 sits slightly above the midpoint nationally. Over the past decade, prices have grown at an annualised rate of 3.7%, tracking close to the national average. Transaction activity has declined: the latest year saw 272 sales against a 10-year average of 371, reflecting softer recent market conditions.
Rent & Yield Trends
Rental costs of £920 per month sit below the national average. However, rent growth has been notably strong: the 10-year annualised rise of 4.4% ranks among the fastest nationally. The current flat yield of 5.4% has risen meaningfully from its 10-year average of 4.3%, suggesting improved rental returns in recent years.
Income & Affordability Trends
Average household income of £43,433 sits above the national average. The price-to-income ratio of 8.4x has worsened since 2016, when it stood at 7.4x, indicating that property prices have outpaced income growth. Rental affordability has also tightened: the rent-to-income ratio has risen from 21.6% in 2016 to 26.2% today.
Resident Demographic Profile
The population skews notably older, with nearly a quarter aged 65 and over compared to just under a fifth nationally. Young adults aged 16–24 are underrepresented at just over 8% versus 11% nationally. Housing tenure is heavily weighted towards outright ownership at 43%, well above the national average of 34%, while private rental and social rented sectors are correspondingly smaller. Professionals are overrepresented at 24% of the workforce, reflecting a higher-skilled employment base than the national norm.