At a Glance
Average Property Price - WR6
£474,947
78
National percentile
Average Monthly Rent - WR
£929
39
National percentile
Average Net Household Income - WR6
£39,290
55
National percentile
Flat / Maisonette Yield - WR
5.4%
42
National percentile
10-Year Annualised Price Growth - WR6
3.2%
34
National percentile
10-Year Annualised Rent Growth - WR
3.5%
24
National percentile
Property Price & Volume Trends
The latest average property price in WR6 is £475,000, placing it among the more expensive districts nationally. Over the past decade, prices have grown at 3.2% annually—below the national growth rate. Transaction volumes have moderated recently, with 138 sales in the latest full year compared to a ten-year average of 166, reflecting quieter market activity.
Rent & Yield Trends
Average monthly rent across the WR postcode area is £929, below the national average. Rental growth over ten years has been modest at 3.5% per year, lagging the national pace. The current flat yield of 5.4% is notably higher than its ten-year average of 4.4%, suggesting improved rental returns in recent periods.
Income & Affordability Trends
Average household net income of £39,290 is close to the national midpoint. Purchase affordability has tightened slightly: the price-to-income ratio has risen from 10.8x in 2016 to 12.1x today. Rental affordability has improved modestly: the rent-to-income ratio has fallen from 26.1% in 2016 to 24.8%, though it remains a meaningful proportion of household earnings.
Resident Demographic Profile
The population is notably older than the national average, with 27.2% aged 65 and above compared to 19.6% nationally, and 24.2% in the 50–64 bracket against 19.8% nationally. Conversely, younger age groups are underrepresented: those aged 16–24 comprise just 8% versus 11% nationally, and 25–34-year-olds account for only 9% against 13.4% nationally. Housing tenure is heavily skewed towards outright ownership at 46.1%, well above the national 33.7%, while private renting is notably lower at 14.6% compared to 21.7% nationally. The employment profile is distinctive, with managers at 18.7% (well above the national 13.4%) and trades workers at 13.4% (above the national 10.5%), whilst elementary workers are underrepresented at 7.8% against 10.2% nationally.