At a Glance
Average Property Price - RM14
£617,383
90
National percentile
Average Monthly Rent - RM
£1,533
84
National percentile
Average Net Household Income - RM14
£55,609
96
National percentile
Flat / Maisonette Yield - RM
6.7%
97
National percentile
10-Year Annualised Price Growth - RM14
3.4%
44
National percentile
10-Year Annualised Rent Growth - RM
4.4%
80
National percentile
Property Price & Volume Trends
The latest average property price in RM14 is £617,000, placing it among the most expensive nationally. However, the area's 10-year annualised growth of 3.4% sits below the national average, indicating more measured appreciation. Transaction activity has declined, with 314 sales in the latest full year compared to a 10-year average of 379 annually.
Rent & Yield Trends
Average monthly rent in the broader RM area is £1,533, well above the national typical level. Rent growth over the past decade has been strong at 4.4% per year, outpacing most of the country. The flat yield currently stands at 6.7%, notably higher than its 10-year average of 5.5%, reflecting improving returns for landlords in recent years.
Income & Affordability Trends
Household incomes in RM14 are among the highest nationally, with an average of £55,609. Affordability for buyers has tightened noticeably: the price-to-income ratio has risen from 9.7x in 2016 to 10.9x today, indicating prices have outpaced income growth. Rental affordability has also deteriorated, with the rent-to-income ratio climbing from 33.7% to 35.6% over the same period.
Resident Demographic Profile
The population is notably older than average, with over a fifth aged 65 and above (compared to 19.6% nationally) and a correspondingly low share of 16–24 year-olds at 9.2%. Owner-occupation is exceptionally strong: 48.6% own outright and a further 37.8% own with a mortgage, together accounting for over 86% of all households—far above the national norm of 60.7%. The professional and managerial workforce is also elevated, comprising over a third of employment, while elementary roles are scarce at just 5.1%.