At a Glance
Average Property Price - TR11
£424,023
71
National percentile
Average Monthly Rent - TR
£1,004
51
National percentile
Average Net Household Income - TR11
£37,532
47
National percentile
Flat / Maisonette Yield - TR
4.4%
5
National percentile
10-Year Annualised Price Growth - TR11
3.7%
56
National percentile
10-Year Annualised Rent Growth - TR
3.9%
50
National percentile
Property Price & Volume Trends
The latest average property price is £424,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 3.7% annually—close to the national pace. Transaction activity remains subdued, with 420 sales in the latest full year against a 10-year average of 575, reflecting a recent softening in market momentum.
Rent & Yield Trends
Average monthly rents stand at £1,004, in line with the national midpoint. Rental growth over ten years has reached 3.9% annually, matching the national trend. The flat yield has strengthened to 4.4%, up meaningfully from its 10-year average of 3.5%, signalling improved returns for landlords despite modest capital growth.
Income & Affordability Trends
Net household income averages £37,532, slightly below the national mean. The price-to-income ratio has widened to 11.8x from 10.4x in 2016, indicating that property has become less affordable relative to earnings. Rental affordability has improved: the rent-to-income ratio has fallen from 29.3% to 27.8%, easing the burden on tenants.
Resident Demographic Profile
The area skews noticeably older, with over-65s representing 23.3% of residents—well above the national average of 19.6%—while those aged 16–24 comprise 20.3%, significantly higher than the 11.0% national figure, likely reflecting student numbers. Owner-occupation is strong at 65.3% (outright plus mortgaged), with outright ownership at 42.2% well above the national 33.7%. The trades sector is notably over-represented at 13.1% compared to the national 10.5%.