At a Glance
Average Property Price - SE28
£348,848
56
National percentile
Average Monthly Rent - SE
£2,081
92
National percentile
Average Net Household Income - SE28
£51,952
92
National percentile
Flat / Maisonette Yield - SE
4.9%
20
National percentile
10-Year Annualised Price Growth - SE28
4.2%
72
National percentile
10-Year Annualised Rent Growth - SE
3.6%
31
National percentile
Property Price & Volume Trends
The average property price of £349,000 sits slightly above the national midpoint. Over the past decade, prices have grown at 4.2% annually—a notably stronger rate than most UK areas. Transaction activity has remained stable, with 197 sales in the latest year compared to a 10-year average of 185.
Rent & Yield Trends
Monthly rents across the broader SE postcode area average £2,081, placing them among the most expensive nationally. Rent growth over the past decade has been modest at 3.6% annually, well below the national average. The flat yield of 4.9% in the latest year represents a marked improvement from the 10-year average of 3.8%, signalling stronger returns for landlords in the current market.
Income & Affordability Trends
Average household income of £52,000 is considerably above the national average, reflecting the area's affluent profile. The price-to-income ratio of 6.6x has improved since 2016 (6.9x), indicating property has become marginally more affordable relative to earnings. Rental affordability has also strengthened meaningfully: the rent-to-income ratio has fallen from 46.6% in 2016 to 42.7% today.
Resident Demographic Profile
The area has a notably young and family-oriented profile, with those under 15 accounting for nearly a quarter of the population—well above the national average of 17.5%—and those aged 35–49 similarly elevated at 24.7%. By contrast, the over-65 population is markedly depleted at just 5.8%, suggesting limited presence of retirees. Housing tenure is heavily skewed towards renting: private rented (33.3%) and social rented (30.2%) together account for nearly two-thirds of households, while outright ownership is rare at 8.8%. The employment mix shows notable concentrations in caring roles (13.8%) and elementary occupations (14.8%), with correspondingly lower representation among managers (8.8%).