At a Glance
Average Property Price - RM19
£270,930
34
National percentile
Average Monthly Rent - RM
£1,533
84
National percentile
Average Net Household Income - RM19
£5,177
0
National percentile
Flat / Maisonette Yield - RM
6.7%
97
National percentile
10-Year Annualised Price Growth - RM19
4.9%
87
National percentile
10-Year Annualised Rent Growth - RM
4.4%
80
National percentile
Property Price & Volume Trends
The latest average property price in RM19 is £271,000, which sits below the national average. Over the past decade, the area has experienced strong price growth of 4.9% per year—among the fastest growth rates nationally. However, transaction activity has slowed noticeably, with 62 sales in the latest year compared to an average of 105 annually over the past ten years.
Rent & Yield Trends
Average monthly rents in the broader RM area stand at £1,533, placing them among the highest nationally. Rental growth over ten years has averaged 4.4% annually, also well above the national pace. The flat yield currently stands at 6.7%, notably higher than its ten-year average of 5.5%, reflecting improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income in RM19 is £5,177, significantly below the national average. The price-to-income ratio has deteriorated sharply, rising from 5.7x in 2016 to 49.1x today, making property purchase increasingly unaffordable for local earners. Rental affordability has also worsened, with the rent-to-income ratio climbing from 33.7% in 2016 to 35.6%, indicating rent now consumes a larger share of household budgets.
Resident Demographic Profile
The area skews younger and more family-oriented than the national average, with 20.7% of residents under 15 and a notably large 35–49 age group at 23.3%. Private renting is exceptionally prevalent at 31.3% of households, well above the national figure of 21.7%, while outright ownership is considerably lower at 21.8%. The employment profile is marked by a much higher share of elementary occupations (18.6% versus 10.2% nationally) and plant/machine operatives (10.8% versus 6.6%), reflecting a more working-class occupational structure.