At a Glance
Average Property Price - WR9
£341,421
54
National percentile
Average Monthly Rent - WR
£929
39
National percentile
Average Net Household Income - WR9
£38,444
51
National percentile
Flat / Maisonette Yield - WR
5.4%
42
National percentile
10-Year Annualised Price Growth - WR9
3.2%
36
National percentile
10-Year Annualised Rent Growth - WR
3.5%
24
National percentile
Property Price & Volume Trends
The latest average property price in WR9 is £341,000, near the national median. Growth over the past decade has averaged 3.2% annually—below the national pace—reflecting the steadier dynamics of a mature regional market. Transaction numbers have declined from their 10-year average of 543 to 412 in the latest full year, signalling softer recent activity.
Rent & Yield Trends
Average monthly rent across the wider WR postcode area stands at £929, below the national midpoint. Rent growth over ten years has been modest at 3.5% annually, lagging national trends. The flat yield has improved notably, currently at 5.4% compared to its 10-year average of 4.4%, reflecting the recent uplift in rental demand.
Income & Affordability Trends
Average household income of £38,444 sits around the national midpoint. Purchase affordability has tightened slightly: the price-to-income ratio has risen from 8.2x in 2016 to 8.6x today. Rental affordability, by contrast, has improved materially—the rent-to-income ratio has fallen from 26.1% to 24.8%—suggesting renters face less pressure than five years ago.
Resident Demographic Profile
The population skews noticeably older: over-65s make up 23% of residents, well above the national 19.6%, while under-25s are underrepresented. Owner-occupation is strong at 67% (owned outright or mortgaged), driven by above-average outright ownership at 36.8%. Social rented housing accounts for a larger share at 20.2% versus the national 16.5%. The employment mix shows modest concentrations of managers and professionals, with a slightly above-average trade workforce.