At a Glance
Average Property Price - WR11
£339,245
53
National percentile
Average Monthly Rent - WR
£929
39
National percentile
Average Net Household Income - WR11
£37,386
46
National percentile
Flat / Maisonette Yield - WR
5.4%
42
National percentile
10-Year Annualised Price Growth - WR11
3.6%
50
National percentile
10-Year Annualised Rent Growth - WR
3.5%
24
National percentile
Property Price & Volume Trends
The average property price in WR11 is £339,245, placing it close to the national midpoint. Over the past decade, prices have grown at 3.6% per year, a rate slightly below the national average. Transaction activity has slowed in recent years: 606 sales were recorded in the latest full year, compared with a 10-year average of 766 annually.
Rent & Yield Trends
The average monthly rent across the broader WR area is £929, below the national average. Rental growth over ten years has been modest at 3.5% per year, lagging behind national growth. The current flat yield of 5.4% is notably stronger than the 10-year average of 4.4%, signalling improving rental returns for investors.
Income & Affordability Trends
Average household income in WR11 is £37,386, slightly below the national median. The price-to-income ratio stands at 8.6x, marginally higher than in 2016 (8.5x), reflecting modest affordability pressure on buyers. Rental affordability has improved: the rent-to-income ratio has eased to 24.8% from 26.1% in 2016, showing rents have not kept pace with income growth.
Resident Demographic Profile
The population skews older than the national average, with 22.7% aged 65 and over compared to the national figure of 19.6%, and only 8.1% aged 16–24 against a national 11.0%. Housing tenure is more weighted towards outright ownership at 36.2%, above the national 33.7%. The employment profile is notably distinct: trades workers represent 12.3% of the workforce against a national 10.5%, while professional roles are underrepresented at 14.2% versus 20.5% nationally.