At a Glance
Average Property Price - RH16
£478,907
78
National percentile
Average Monthly Rent - RH
£1,478
80
National percentile
Average Net Household Income - RH16
£50,533
90
National percentile
Flat / Maisonette Yield - RH
5.6%
47
National percentile
10-Year Annualised Price Growth - RH16
2.9%
27
National percentile
10-Year Annualised Rent Growth - RH
3.6%
34
National percentile
Property Price & Volume Trends
The district's average property price of £479,000 places it among the most expensive nationally. Over the past decade, prices have grown at 2.9% annually—a slower rate than the UK average, reflecting a more measured market. Transaction activity has softened, with 585 sales in the latest full year compared to a ten-year average of 752, indicating a decline in activity.
Rent & Yield Trends
Average monthly rent of £1,478 is among the highest nationally. Rental growth has been modest at 3.6% annually over ten years, below the national average pace. The flat yield has strengthened to 5.6%, up from a ten-year average of 4.6%, suggesting improving returns for landlords as rents have risen relative to property values.
Income & Affordability Trends
Average household income of £50,533 is well above the national average, placing the area among the most affluent nationally. The price-to-income ratio of 9.4x indicates that property remains less affordable than in 2016, when it stood at 9.2x. Rental affordability has also tightened: the rent-to-income ratio has risen from 30.4% to 31.8%, meaning housing costs now consume a larger share of household earnings.
Resident Demographic Profile
The population is notably family-oriented, with a larger share of 35–49 year-olds (23.2% vs 18.7% nationally) and above-average numbers of under-15s. Young adults aged 16–24 are underrepresented at 7.6%, well below the national average. Homeownership with a mortgage is strong at 33.9%, above the national norm of 27.0%. The workforce is heavily skewed towards professional and managerial roles—26% are professionals and 17.3% managers, both well above national averages—whilst trades and elementary occupations are notably scarce.