At a Glance
Average Property Price - RH13
£490,283
79
National percentile
Average Monthly Rent - RH
£1,478
80
National percentile
Average Net Household Income - RH13
£46,575
80
National percentile
Flat / Maisonette Yield - RH
5.6%
47
National percentile
10-Year Annualised Price Growth - RH13
2.5%
15
National percentile
10-Year Annualised Rent Growth - RH
3.6%
34
National percentile
Property Price & Volume Trends
The average property price of £490,000 places RH13 among the most expensive districts nationally. However, growth has lagged significantly: the 10-year annualised rise of 2.5% ranks among the slowest nationally. Transaction volumes have also softened, with 435 sales in the latest year compared to an average of 585 over the past decade—a notable 26% decline.
Rent & Yield Trends
Average monthly rents of £1,478 sit among the highest nationally. Rental growth of 3.6% per year has been moderate relative to other regions. The flat yield currently stands at 5.6%, a meaningful improvement from the 10-year average of 4.6%, signalling strengthening returns for investors as rents have risen faster than capital values.
Income & Affordability Trends
Household income of £46,575 ranks among the highest nationally. However, affordability has deteriorated: the price-to-income ratio has climbed from 8.8x in 2016 to 10.8x today, making purchase considerably less accessible. Rental affordability has also worsened, with the rent-to-income ratio rising from 30.4% to 31.8% over the same period.
Resident Demographic Profile
The population skews older and more affluent than the national average. Those aged 50–64 and 65+ together represent 41.9% of the population, well above the national combined figure of 39.4%. Home ownership is notably strong: 36.8% own outright and 33.3% own with a mortgage, totalling 70.1% compared to the national 60.7%. The workforce is dominated by professionals (22%), managers (17%), and technical roles (16.3%)—collectively far exceeding national proportions in these higher-skill occupations.
