At a Glance
Average Property Price - PO35
£430,927
72
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO35
£38,323
51
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO35
3.3%
39
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The average property price of £431,000 sits among the more expensive nationally. Annual price growth over the past decade has averaged 3.3%, which is below the national growth rate. Transaction activity has softened recently, with 58 sales recorded in the latest year compared to a 10-year average of 84 per annum.
Rent & Yield Trends
Average monthly rents of £1,187 sit slightly above the national midpoint. Rental growth over the past decade has averaged 4.1%, broadly in line with national trends. The flat yield currently stands at 6.2%, notably ahead of the 10-year average of 5.1%, reflecting an improving rental return backdrop.
Income & Affordability Trends
Average household income of £38,323 is around the national average. Housing affordability has deteriorated: the price-to-income ratio has risen from 10.1x in 2016 to 14.3x today, significantly worsening purchase accessibility. Rental affordability has also declined, with rent now consuming 32.1% of income compared to 28.9% a decade ago.
Resident Demographic Profile
The population is distinctly older: nearly 42% are aged 65 and over, more than double the national average, while those aged 16–24 represent just 5.9% against a national norm of 11.0%. Housing tenure is heavily skewed toward outright ownership at 60.5%, reflecting the retiree-dominant demographic. The employment profile is notably weighted toward managers and skilled trades, each above national averages, while the proportion in elementary roles is well below average.