At a Glance
Average Property Price - RG31
£430,032
72
National percentile
Average Monthly Rent - RG
£1,414
74
National percentile
Average Net Household Income - RG31
£47,987
84
National percentile
Flat / Maisonette Yield - RG
5.7%
54
National percentile
10-Year Annualised Price Growth - RG31
3.0%
29
National percentile
10-Year Annualised Rent Growth - RG
3.6%
30
National percentile
Property Price & Volume Trends
The latest average property price in RG31 is £430,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.0% annually—below the national average pace. Transaction activity has moderated recently, with 351 sales in the latest full year compared to a 10-year annual average of 421.
Rent & Yield Trends
Average monthly rent in the broader RG postcode area stands at £1,414, among the highest nationally. Rents have grown at 3.6% per year over ten years, slightly below the national trend. The current flat yield of 5.7% is notably higher than the 10-year average of 4.5%, reflecting tighter rental-to-price dynamics in the present market.
Income & Affordability Trends
Average net household income is £47,987, well above the national average. The price-to-income ratio of 9.0x has drifted marginally upward since 2016 (8.9x), indicating modestly tightening purchase affordability. Rental affordability has similarly softened, with the rent-to-income ratio rising from 28% in 2016 to 28.9% today.
Resident Demographic Profile
The population skews toward middle-aged and older households, with the 35–49 and 50–64 age groups each representing 20.5%—above the national average—whilst the 16–24 cohort is notably underrepresented at 9%. Homeownership is strong: 38.1% own outright and 35.7% own with a mortgage, significantly above national norms, whilst private renting and social housing play smaller roles. The employment mix is tilted toward professional and technical roles (21.6% and 13.7% respectively), with administrative work also more prevalent than the national average.