At a Glance
Average Property Price - WR5
£303,720
43
National percentile
Average Monthly Rent - WR
£929
39
National percentile
Average Net Household Income - WR5
£40,410
60
National percentile
Flat / Maisonette Yield - WR
5.4%
42
National percentile
10-Year Annualised Price Growth - WR5
3.2%
35
National percentile
10-Year Annualised Rent Growth - WR
3.5%
24
National percentile
Property Price & Volume Trends
The average property price in WR5 is £304,000, slightly below the national midpoint. Over the past decade, prices have grown at 3.2% annually—a pace slower than the typical UK market. Transaction activity has declined to 467 sales in the latest year, down from an average of 616 per year over the previous ten years, reflecting a softening in the market.
Rent & Yield Trends
Average monthly rent stands at £929, below the national average. Rents have grown at 3.5% annually over the past decade, a rate slower than most of the UK. The flat yield of 5.4% is notably above its ten-year average of 4.4%, suggesting improved returns for landlords despite softer transaction volumes.
Income & Affordability Trends
Household incomes in WR5 average £40,410, above the national median. The price-to-income ratio of 7.4x has improved modestly since 2016 (when it was 7.5x), indicating slightly better purchase affordability. Rental affordability has improved more substantially, with the rent-to-income ratio falling from 26.1% to 24.8%, showing that rents are taking a smaller share of household income.
Resident Demographic Profile
The age profile is notably skewed towards older residents: those aged 50–64 and 65+ together account for nearly 39% of the population, well above national proportions. Mortgage ownership is unusually high at 32.6% compared to the national average of 27.0%, suggesting a relatively active housing market among prime working-age households. The professional workforce is stronger than average at 22.2%, and technical occupations are also overrepresented at 13.9%, reflecting a skilled labour base.