At a Glance
Average Property Price - RH2
£673,713
92
National percentile
Average Monthly Rent - RH
£1,478
80
National percentile
Average Net Household Income - RH2
£53,952
94
National percentile
Flat / Maisonette Yield - RH
5.6%
47
National percentile
10-Year Annualised Price Growth - RH2
3.1%
31
National percentile
10-Year Annualised Rent Growth - RH
3.6%
34
National percentile
Property Price & Volume Trends
At £674,000, RH2 sits among the most expensive postcode districts nationally. Over the past decade, prices have grown at 3.1% annually—a pace slower than the national average. Transaction activity has softened slightly, with 371 sales in the latest year against a 10-year average of 423, reflecting a modest dip in market momentum.
Rent & Yield Trends
Average monthly rent of £1,478 places the area in the upper quartile nationally. Rental growth over 10 years has been 3.6% annually, broadly in line with the national pace. The flat yield currently stands at 5.6%, a notable improvement on the 10-year average of 4.6%, suggesting rental returns have strengthened in recent years.
Income & Affordability Trends
Household incomes average £53,952, placing the district among the highest nationally. The price-to-income ratio of 12.3x has worsened since 2016 (when it was 11.1x), indicating that property prices have outpaced income growth over this period. Rental affordability has also tightened: the rent-to-income ratio has risen from 30.4% to 31.8%, signalling that rental costs now consume a larger share of household earnings.
Resident Demographic Profile
The area shows a distinctly affluent, family-oriented profile. Children under 15 are notably over-represented at 22%, and those aged 35–49 are also well above average at 22%, while young adults aged 16–24 are underrepresented at 8%. The workforce is heavily skewed towards higher-status occupations: professionals and managers together account for 50% of employment, far exceeding the national combined figure of 34%, while trades and elementary work are well below average. Owner-occupied housing (mortgage holders at 37%) is above the national norm, reflecting the affluent demographic.