At a Glance
Average Property Price - RG29
£571,891
88
National percentile
Average Monthly Rent - RG
£1,414
74
National percentile
Average Net Household Income - RG29
£55,974
96
National percentile
Flat / Maisonette Yield - RG
5.7%
54
National percentile
10-Year Annualised Price Growth - RG29
1.3%
4
National percentile
10-Year Annualised Rent Growth - RG
3.6%
30
National percentile
Property Price & Volume Trends
The latest average property price of £572,000 places RG29 among the most expensive nationally. However, 10-year annualised growth of 1.3% is among the slowest across the UK, reflecting a period of relative price stagnation. Transaction volumes have fallen notably, with 68 sales in the latest full year against a ten-year average of 90, suggesting a quieter market than its historical norm.
Rent & Yield Trends
Average monthly rents of £1,414 sit above the national midpoint. Rent growth over the past decade has been muted at 3.6% annually—below the pace seen in most UK areas. Yields have improved recently, reaching 5.7% in the latest year compared to a ten-year average of 4.5%, indicating a shifting balance between capital and income returns.
Income & Affordability Trends
Average household income of £56,000 is among the highest nationally, placing residents in a prosperous bracket. However, purchase affordability has deteriorated: the price-to-income ratio has risen from 10.9x in 2016 to 13.1x today, making properties harder to buy relative to earnings. Rental affordability has remained broadly stable, with rent consuming 28.9% of income compared to 28% in 2016.
Resident Demographic Profile
The population skews slightly older, with those aged 35–49 and 50–64 each representing around one-fifth of residents. The workforce is notably concentrated in professional, managerial and technical roles—together accounting for over 62% of employment, well above the national average. Social rented housing is less common here at 14%, and elementary workers and those in plant/machine roles are significantly underrepresented.