At a Glance
Average Property Price - WR7
£531,240
84
National percentile
Average Monthly Rent - WR
£929
39
National percentile
Average Net Household Income - WR7
£44,047
73
National percentile
Flat / Maisonette Yield - WR
5.4%
42
National percentile
10-Year Annualised Price Growth - WR7
3.4%
41
National percentile
10-Year Annualised Rent Growth - WR
3.5%
24
National percentile
Property Price & Volume Trends
The average property price in WR7 is £531,000, placing it among the most expensive nationally. However, price growth over the past decade has been modest at 3.4% per year—below the UK average. Transaction activity has softened recently, with 54 sales recorded in the latest full year compared to a 10-year average of 74 per annum.
Rent & Yield Trends
Average monthly rent in the broader WR postcode area stands at £929, which is below the national average. Rental growth over ten years has been slow at 3.5% annually, also below the national pace. The flat yield has improved markedly, rising to 5.4% in the latest year from a 10-year average of 4.4%, reflecting the recent uplift in rental demand.
Income & Affordability Trends
Average household income in WR7 is £44,047, placing it well above the national median. Purchase affordability has tightened: the price-to-income ratio has risen from 11.0x in 2016 to 12.3x today, suggesting property has become less affordable relative to earnings. Rental affordability has improved over the same period, with the rent-to-income ratio falling from 26.1% to 24.8%.
Resident Demographic Profile
WR7 has a distinctly mature demographic profile. Those aged 50–64 account for over a quarter of the population (25.3% vs 19.8% nationally), whilst the 65+ group is also notably overrepresented at 26% against the national average of 19.6%. The working-age population is correspondingly smaller, with those aged 16–24 and 25–34 both significantly underrepresented. Housing tenure reflects strong wealth and stability: nearly 46% own their homes outright—well above the national figure of 33.7%—whilst private renting is much lower at 12.4% compared to 21.7% nationally. The employment mix is heavily weighted towards professional and managerial roles, which together account for 43.6% of the workforce, compared to 33.9% nationally.