At a Glance
Average Property Price - SY22
£262,271
31
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY22
£34,044
25
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY22
3.1%
32
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price of £262,000 sits below the national average, placing it among the cheaper parts of the UK market. Over the past decade, prices have grown at 3.1% annually—a fairly modest pace that lags the national trend. Transaction activity has softened recently, with 100 sales in the latest year compared to a 10-year average of 130, suggesting a thinning of the market.
Rent & Yield Trends
Monthly rents average £754, well below the national average and among the lowest nationally. Rent growth over ten years has been steady at 3.5% annually, slightly behind the national pace. The flat yield has improved to 4.4%, up from a 10-year average of 3.9%, indicating a gradual shift towards better rental returns for investors.
Income & Affordability Trends
Average net household income stands at £34,044, notably below the national average. The price-to-income ratio has edged upwards from 7.5x in 2016 to 7.9x today, suggesting housing has become slightly less affordable relative to local earnings. Rental affordability has marginally improved: the rent-to-income ratio has fallen from 22.7% in 2016 to 22% now, easing the burden on renters.
Resident Demographic Profile
The population is notably older than average: over a quarter are aged 65 and above (compared to 19.6% nationally), and those aged 50–64 make up 24.1% versus 19.8% nationally. Conversely, younger groups are underrepresented—just 7.8% are aged 16–24, well below the 11.0% national figure. Owner-occupation is very high at 74.4% (outright plus mortgage), far exceeding the 60.7% national average, reflecting the character of an established rural area. The employment mix is distinctive: trades workers are significantly overrepresented at 21.5% compared to 10.5% nationally, reflecting the rural and agricultural economy, while professional and technical roles are slightly below average.