At a Glance
Average Property Price - WR10
£399,288
66
National percentile
Average Monthly Rent - WR
£929
39
National percentile
Average Net Household Income - WR10
£38,659
52
National percentile
Flat / Maisonette Yield - WR
5.4%
42
National percentile
10-Year Annualised Price Growth - WR10
3.5%
47
National percentile
10-Year Annualised Rent Growth - WR
3.5%
24
National percentile
Property Price & Volume Trends
The latest average property price in WR10 is £399,000, placing it in the upper-middle range nationally. Price growth over the past decade has averaged 3.5% annually, which is close to the national trend. Transaction volumes have moderated recently, with 257 sales in the latest full year compared to a 10-year average of 335, suggesting a quieter market than its historical norm.
Rent & Yield Trends
Average monthly rent in the broader WR area is £929, below the national average. Over the past decade, rents have grown at 3.5% per year, a slower pace than the national picture. The flat yield has strengthened to 5.4%, now sitting above its 10-year average of 4.4%, indicating improving returns for landlords in recent times.
Income & Affordability Trends
Average household net income stands at £38,659, roughly in line with the national median. Affordability for buyers has tightened slightly: the price-to-income ratio is now 9.8x, marginally up from 9.7x in 2016. Rental affordability has improved markedly, with rents now consuming 24.8% of household income compared to 26.1% a decade ago.
Resident Demographic Profile
The population skews notably older than the national average, with nearly three in ten residents aged 65 or over (against a national average of one in five). The 16–24 age group is significantly under-represented at 8%, reflecting rural outmigration of younger people. Housing tenure shows a much higher proportion of outright ownership at 44%, well above the national average of 34%, and correspondingly lower private rental activity. The employment mix is broadly balanced, though managerial and trades roles are slightly more prevalent than nationally.