At a Glance
Average Property Price - YO24
£330,396
52
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO24
£40,317
59
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO24
3.9%
62
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The district's average property price of £330,396 sits around the national midpoint, indicating broadly typical valuation levels for the UK. Over the past decade, prices have grown at 3.9% annually—a pace somewhat above the national average, suggesting steady appreciation. Transaction volume has declined from its 10-year average: 366 sales in the latest year compared to 487 historically, reflecting softer recent market activity.
Rent & Yield Trends
Average monthly rent of £999 is in line with national norms, positioning the area as neither particularly expensive nor cheap for tenants. Rent growth over the past decade has been modest at 3.6% annually, below the national trend and indicating slower upward pressure on lettings. Flat yield currently stands at 6.0%, a notable improvement on the 10-year average of 4.8%, suggesting stronger rental returns relative to purchase prices.
Income & Affordability Trends
Average household income of £40,317 sits above the national median, reflecting a reasonably affluent local population. Purchase affordability has tightened: the price-to-income ratio has risen from 7.7x in 2016 to 8.5x today, signalling that property has become less affordable relative to earnings. Rental affordability has remained stable, with rent consuming 27.4% of income today versus 27.5% in 2016.
Resident Demographic Profile
The area shows a notably higher proportion of professionals (23.9% versus 20.5% nationally) and a younger-than-average 25–34 age group (15.8% versus 13.4%), suggesting appeal to educated younger families. Conversely, those under 15 are slightly underrepresented at 15.7%, and the 16–24 cohort is modestly elevated at 12.1%. The tenure mix is broadly stable, though social rented housing is marginally above the national average at 18.1%, and elementary workers are more common than nationally.