At a Glance
Average Property Price - RM11
£549,038
86
National percentile
Average Monthly Rent - RM
£1,533
84
National percentile
Average Net Household Income - RM11
£51,806
92
National percentile
Flat / Maisonette Yield - RM
6.7%
97
National percentile
10-Year Annualised Price Growth - RM11
3.1%
32
National percentile
10-Year Annualised Rent Growth - RM
4.4%
80
National percentile
Property Price & Volume Trends
The average property price in RM11 is £549,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.1% annually—a relatively modest pace compared to the UK as a whole. Transaction activity has declined: 386 sales were recorded in the latest full year, down from a 10-year average of 449 per year.
Rent & Yield Trends
Average monthly rent in the broader RM postcode stands at £1,533, in the upper range nationally. Rental growth over ten years has been strong at 4.4% per year, well above the national average. The flat yield currently sits at 6.7%, a notable improvement on the 10-year average of 5.5%, reflecting a favourable environment for buy-to-let investors.
Income & Affordability Trends
Average net household income is £51,806, placing the area among the highest-earning nationally. However, affordability for owner-occupation has tightened: the price-to-income ratio stands at 11.1x, up from 10.7x in 2016. Rental affordability has also deteriorated, with the rent-to-income ratio rising from 33.7% to 35.6% over the same period.
Resident Demographic Profile
The population is notably older than the national average, with 20.2% aged 65 and over compared to 19.6% nationally, and fewer young adults aged 16–24 (9.2% versus 11.0%). Housing tenure is weighted towards ownership: 38.6% own outright and 35.5% own with a mortgage, well above national norms, while private renting accounts for just 16.6%. The employment mix skews professional and managerial, with 21.3% in professional roles and 14.6% in management positions; administrative roles are also notably prevalent at 14.2%.