At a Glance
Average Property Price - PE13
£230,639
21
National percentile
Average Monthly Rent - PE
£912
35
National percentile
Average Net Household Income - PE13
£34,045
25
National percentile
Flat / Maisonette Yield - PE
6.1%
77
National percentile
10-Year Annualised Price Growth - PE13
3.6%
50
National percentile
10-Year Annualised Rent Growth - PE
4.2%
68
National percentile
Property Price & Volume Trends
The current average property price of £231,000 sits well below the national average, placing it among the cheaper quarters of the UK market. Over the past decade, prices have grown at 3.6% annually, which is in line with the national pace. Transaction volumes have softened recently, with 398 sales in the latest year compared to a 10-year average of 560 per year.
Rent & Yield Trends
Average monthly rent of £912 is below the national midpoint. Rental growth over the past decade has been robust at 4.2% per year, outpacing the national average. The flat yield has risen to 6.1% from its 10-year average of 5.0%, reflecting strengthening rental demand relative to property values.
Income & Affordability Trends
Household incomes here average £34,045, placing the area in the lower quartile nationally. The price-to-income ratio of 7.0x has widened since 2016 (when it was 6.2x), signalling that property affordability has deteriorated even though prices remain modest. Rental affordability has also tightened: the rent-to-income ratio now stands at 24.7%, up from 22.5% in 2016.
Resident Demographic Profile
The population is notably older than national average, with 21.6% aged 65 and above compared to 19.6% nationally, while those aged 16–24 are underrepresented at 9.4%. The employment profile is heavily weighted towards manual and elementary work: trades, plant and machine operation, and elementary occupations together represent over half the workforce, substantially above national levels. Professional and managerial roles are significantly less common here, each at around 8–9% against national figures of 20.5% and 13.4% respectively.
