At a Glance
Average Property Price - WR14
£331,349
52
National percentile
Average Monthly Rent - WR
£929
39
National percentile
Average Net Household Income - WR14
£40,523
60
National percentile
Flat / Maisonette Yield - WR
5.4%
42
National percentile
10-Year Annualised Price Growth - WR14
3.7%
55
National percentile
10-Year Annualised Rent Growth - WR
3.5%
24
National percentile
Property Price & Volume Trends
The latest average property price in WR14 is £331,000, placing it close to the national middle ground. Over the past decade, the area has seen annualised price growth of 3.7%, which is broadly in line with the national average. Transaction activity has moderated in recent years; the latest full year saw 450 sales against a 10-year average of 591, reflecting the slowdown in broader market activity.
Rent & Yield Trends
Average monthly rent in the broader WR postcode area is £929, below the national mid-point. Rental growth over the past decade has been 3.5% annually, which is slower than the national trend. The flat yield currently stands at 5.4%, a meaningful improvement from its 10-year average of 4.4%, signalling increasingly favourable conditions for buy-to-let investors in the area.
Income & Affordability Trends
Average net household income in WR14 is £40,523, positioning the area above the national median. The current price-to-income ratio of 8.4x represents a slight tightening of affordability since 2016 (when it was 8.2x), suggesting that price growth has outpaced income gains. Rental affordability has improved materially: the rent-to-income ratio has fallen from 26.1% in 2016 to 24.8% today, reflecting rents growing slower than incomes.
Resident Demographic Profile
The population skews notably older, with nearly 29% aged 65 and over—well above the national figure of 19.6%—and those aged 50–64 also overrepresented at 22.1%. Conversely, younger age groups are markedly below average, particularly the 25–34 cohort at just 9.4%. Housing tenure is distinguished by a substantially higher rate of outright ownership at 45.1% compared to the national 33.7%, and a notably lower proportion of private rented accommodation at 16.8%. Professionally employed residents make up 23.9% of the workforce, above the national average of 20.5%.
