At a Glance
Average Property Price - RH11
£357,431
58
National percentile
Average Monthly Rent - RH
£1,478
80
National percentile
Average Net Household Income - RH11
£40,492
60
National percentile
Flat / Maisonette Yield - RH
5.6%
47
National percentile
10-Year Annualised Price Growth - RH11
3.6%
50
National percentile
10-Year Annualised Rent Growth - RH
3.6%
34
National percentile
Property Price & Volume Trends
The current average property price of £357,000 sits slightly above the national midpoint. Ten-year annualised growth of 3.6% is broadly in line with the national average, indicating steady but unspectacular appreciation. Transaction volumes have declined: 511 sales in the latest year against a 10-year average of 658, suggesting a recent softening in market activity.
Rent & Yield Trends
Monthly rents average £1,478, placing the area among the most expensive nationally for rental accommodation. Rent growth of 3.6% over the past decade has lagged the national pace. The current flat yield of 5.6% is notably higher than the 10-year average of 4.6%, reflecting improved rental returns in recent years as rents have risen faster than capital values.
Income & Affordability Trends
Average household income of £40,492 is modestly above the national average. The price-to-income ratio has deteriorated from 7.6x in 2016 to 9.4x today, signalling that property has become less affordable on a local income basis. Rental affordability has also worsened slightly, with rent-to-income ratios rising from 30.4% to 31.8%, though this remains within typical bounds.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (21.1% versus 17.5% nationally) and working-age adults aged 35–49 (22.4% versus 18.7%), suggesting a family-oriented demographic. Conversely, those aged 65 and over are underrepresented at 12.9%. Social rented housing is significantly above average at 26.2%, indicating a larger proportion of residents in subsidised tenures. Outright ownership is notably lower than the national average at 21.8%, while the elementary occupations category is elevated at 14.8%, pointing to a broader range of lower-skilled employment roles than found nationally.