At a Glance
Average Property Price - RM10
£356,407
58
National percentile
Average Monthly Rent - RM
£1,533
84
National percentile
Average Net Household Income - RM10
£44,618
75
National percentile
Flat / Maisonette Yield - RM
6.7%
97
National percentile
10-Year Annualised Price Growth - RM10
4.5%
79
National percentile
10-Year Annualised Rent Growth - RM
4.4%
80
National percentile
Property Price & Volume Trends
The latest average property price in RM10 is £356,000, placing it slightly above the national midpoint. Over the past decade, prices have grown at 4.5% annually—a notably strong performance that ranks among the fastest growth rates nationally. Transaction activity in the latest year stood at 219 sales, down from a ten-year average of 294, reflecting typical market variability.
Rent & Yield Trends
Average monthly rent across the RM postcode area is £1,533, significantly above the national norm and among the highest in the country. Rental growth over ten years has averaged 4.4% per annum, also well above the national pace. The flat yield currently stands at 6.7%, a material improvement from its ten-year average of 5.5%, indicating strengthening returns for landlords.
Income & Affordability Trends
Average net household income of £44,618 sits well above the national average, placing the area in the upper income quartile. The price-to-income ratio of 8.1x has improved from 8.7x in 2016, suggesting purchasing power has gradually strengthened relative to property costs. However, rental affordability has tightened: the rent-to-income ratio has risen from 33.7% to 35.6%, indicating tenants are now spending a greater share of income on housing.
Resident Demographic Profile
RM10 has a notably young population: over a quarter of residents are under 15, well above the national average of 17.5%, and the 35–49 age group is also markedly overrepresented at 22.2%. Conversely, those aged 65 and over make up just 9.9%, significantly below the national figure. Housing tenure shows a distinctive pattern, with social rented accommodation accounting for 34.5%—more than double the national average of 16.5%—while outright ownership at 15.8% is well below the national norm of 33.7%. Employment is notably concentrated in elementary roles (16.7%) and caring professions (12.8%), both well above national averages, while managerial and professional occupations are underrepresented.