At a Glance
Average Property Price - ST10
£273,102
35
National percentile
Average Monthly Rent - ST
£772
18
National percentile
Average Net Household Income - ST10
£36,232
39
National percentile
Flat / Maisonette Yield - ST
6.2%
86
National percentile
10-Year Annualised Price Growth - ST10
4.0%
67
National percentile
10-Year Annualised Rent Growth - ST
4.1%
59
National percentile
Property Price & Volume Trends
The average property price of £273,102 is below the national average. Over the past decade, prices have grown at 4.0% annually—a rate faster than the national norm, reflecting steady demand in a stable market. Transaction activity last year was 363 sales, slightly down from the 10-year average of 384, indicating continued but modest activity levels.
Rent & Yield Trends
Monthly rents average £772, placing the area well below the national average and making it an affordable destination for tenants. Rent growth over ten years has reached 4.1% annually, in line with national trends. The current flat yield of 6.2% is notably higher than the 10-year average of 5.2%, suggesting improved returns for landlords in recent times.
Income & Affordability Trends
Average household income of £36,232 is slightly below the national median. The price-to-income ratio has risen to 6.9x from 6.0x in 2016, indicating that purchasing power has weakened relative to asking prices over the past eight years. Rental affordability has improved: the rent-to-income ratio has fallen from 22.1% in 2016 to 21.3% today, offering modest relief for renters.
Resident Demographic Profile
The population skews notably older, with those aged 50–64 representing 23.7% (well above the national 19.8%) and those aged 65+ at 25.7% (significantly higher than the national 19.6%). Ownership patterns are distinctly different: 47.3% own their home outright, far exceeding the national 33.7%, whilst private renting is uncommon at just 13% versus 21.7% nationally. The employment profile is weighted towards trades workers at 15.1%, notably above the national average of 10.5%, reflecting the area's rural character and construction activity.