At a Glance
Average Property Price - RM18
£330,311
51
National percentile
Average Monthly Rent - RM
£1,533
84
National percentile
Average Net Household Income - RM18
£43,024
70
National percentile
Flat / Maisonette Yield - RM
6.7%
97
National percentile
10-Year Annualised Price Growth - RM18
6.3%
98
National percentile
10-Year Annualised Rent Growth - RM
4.4%
80
National percentile
Property Price & Volume Trends
The current average property price of £330,000 sits close to the national median. However, the area stands out for its exceptional 10-year price growth of 6.3% per year, which ranks among the fastest in the country. Transaction volumes have declined: 156 sales in the latest year against a 10-year average of 187 annually, suggesting softening momentum.
Rent & Yield Trends
Rents in the broader RM area average £1,533 per month, placing them well above the national average. Rental growth over the past decade has been robust at 4.4% annually, outpacing most regions. The flat yield has improved materially, rising to 6.7% from a 10-year average of 5.5%, signalling strengthening returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £43,000 sits meaningfully above the national average. Purchase affordability has improved: the price-to-income ratio has fallen from 7.6x in 2016 to 7.1x today. Rental affordability has deteriorated slightly, with the rent-to-income ratio rising from 33.7% to 35.6%, reflecting rent growth outpacing wage rises.
Resident Demographic Profile
The area has a notably large young population, with nearly 27% aged under 15—significantly above the national average of 17.5%. Conversely, the over-65 age group is underrepresented at 10%, well below the national 19.6%. Social rented housing is substantially above average at 31%, while outright ownership is considerably lower at 17.5%. The employment profile skews toward elementary occupations (19.7%) and plant/machine operatives (12%), both well above national norms, whilst professional roles are notably underrepresented at 11.9%.