At a Glance
Average Property Price - RH15
£431,535
72
National percentile
Average Monthly Rent - RH
£1,478
80
National percentile
Average Net Household Income - RH15
£47,430
82
National percentile
Flat / Maisonette Yield - RH
5.6%
47
National percentile
10-Year Annualised Price Growth - RH15
3.7%
53
National percentile
10-Year Annualised Rent Growth - RH
3.6%
34
National percentile
Property Price & Volume Trends
Properties in RH15 are priced at an average of £432,000, placing them among the most expensive nationally. Over the past decade, prices have grown at 3.7% annually, which is close to the national average pace. Annual transaction volume has eased slightly, with 551 sales in the latest year compared to a 10-year average of 611.
Rent & Yield Trends
Rental values of £1,478 per month are among the highest nationally. However, rent growth over the past decade has been subdued at 3.6% annually, significantly below the national pace. Flat yields have improved meaningfully, currently standing at 5.6% against a 10-year average of 4.6%, reflecting the recent shift in the rental–price dynamic.
Income & Affordability Trends
Average household income of £47,430 places the area well above the national median. Purchase affordability has deteriorated slightly: the price-to-income ratio has risen from 8.5x in 2016 to 8.8x today, indicating homes now require a somewhat longer time-to-purchase relative to earnings. Rental affordability has similarly weakened, with the rent-to-income ratio climbing from 30.4% to 31.8% over the same period.
Resident Demographic Profile
The population skews towards middle-aged and older households, with those aged 35–49 and 50–64 each representing around one-fifth of residents—noticeably above national averages. Conversely, young adults aged 16–24 are significantly under-represented. Housing is dominated by owner-occupied properties: 37.8% are mortgaged and 35.3% owned outright, leaving only 13.9% in private rental accommodation, well below the national norm. The workforce is notably professional and technical, with 21.6% in professional roles and 14.9% in technical positions, both above national averages; conversely, elementary and plant/machine occupations are substantially under-represented.