At a Glance
Average Property Price - RG45
£563,488
87
National percentile
Average Monthly Rent - RG
£1,414
74
National percentile
Average Net Household Income - RG45
£52,522
93
National percentile
Flat / Maisonette Yield - RG
5.7%
54
National percentile
10-Year Annualised Price Growth - RG45
3.0%
29
National percentile
10-Year Annualised Rent Growth - RG
3.6%
30
National percentile
Property Price & Volume Trends
Properties in RG45 are priced at an average of £563,000, placing them among the most expensive nationally. Over the past decade, prices have grown at 3.0% annually—a slower pace than the nation as a whole. Transaction volumes have declined notably: last year saw 185 sales against a 10-year average of 286, suggesting reduced market activity.
Rent & Yield Trends
Average rents in the broader RG postcode area stand at £1,414 per month, above the national norm. Rents have grown at 3.6% per annum over ten years, broadly in line with national trends. The flat yield currently stands at 5.7%, a marked improvement on the 10-year average of 4.5%, reflecting a healthy shift toward stronger rental returns.
Income & Affordability Trends
Household incomes here are well above national average at £52,522. The price-to-income ratio of 9.7x suggests good affordability compared to 2016, when it stood at 10.2x—prices have become more accessible relative to earnings. Rental affordability has tightened slightly: the rent-to-income ratio has risen from 28% in 2016 to 28.9% today, indicating a modest squeeze on renters' budgets.
Resident Demographic Profile
The age profile is older than average, with 20.5% aged 65 and above versus a national figure of 19.6%, and a correspondingly lower proportion aged 25–34 at 10.3% versus 13.4% nationally. Housing tenure shows significantly higher owner-occupation: 38.7% own outright and 36.5% own with a mortgage, compared to national figures of 33.7% and 27.0%, while private renting is notably underrepresented at 15% against 21.7% nationally. The employment profile is heavily skewed toward higher-skilled roles, with professionals at 25.7% and managers at 17.8%—well above national averages of 20.5% and 13.4% respectively—while trades, elementary, and plant/machine roles are all significantly underrepresented.