At a Glance
Average Property Price - RM6
£413,141
70
National percentile
Average Monthly Rent - RM
£1,533
84
National percentile
Average Net Household Income - RM6
£32,164
15
National percentile
Flat / Maisonette Yield - RM
6.7%
97
National percentile
10-Year Annualised Price Growth - RM6
4.1%
71
National percentile
10-Year Annualised Rent Growth - RM
4.4%
80
National percentile
Property Price & Volume Trends
The average property price of £413,141 sits comfortably above the national midpoint, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 4.1% per year, a pace broadly in line with national trends. Activity has softened recently, with 217 transactions in the latest full year compared to a 10-year average of 293 annually.
Rent & Yield Trends
Rental costs in the broader RM postcode area are notably high, with average monthly rent of £1,533 placing it well above the national average. Rents have also grown briskly at 4.4% per year, outpacing most of the country. The flat yield of 6.7% is an improvement on its 10-year average of 5.5%, reflecting better returns for buy-to-let investors despite the high purchase prices.
Income & Affordability Trends
Average household income of £32,164 is substantially below the national average, placing the area in the lower quartile nationally. The price-to-income ratio of 12.7x is notably stretched, having worsened considerably from 8.8x in 2016, making purchase increasingly difficult for local earners. Rental affordability has also tightened, with rents now consuming 35.6% of average household income compared to 33.7% in 2016.
Resident Demographic Profile
The population is notably younger and more family-oriented than average, with nearly a quarter aged under 15 and a significantly larger 35–49 age group, while those aged 65+ are well below the national norm. Private renting is markedly more prevalent than nationally, accounting for 27% of households, while outright ownership is considerably lower at 22.2%. The employment mix skews towards trades and elementary occupations, which are both above national levels, with professionals and managers proportionally underrepresented.