At a Glance
Average Property Price - S2
£185,176
9
National percentile
Average Monthly Rent - S
£713
8
National percentile
Average Net Household Income - S2
£30,611
9
National percentile
Flat / Maisonette Yield - S
4.7%
10
National percentile
10-Year Annualised Price Growth - S2
4.9%
88
National percentile
10-Year Annualised Rent Growth - S
3.6%
36
National percentile
Property Price & Volume Trends
The latest average property price in S2 is £185,000, placing it among the cheapest areas nationally. Despite this affordability, the district has delivered strong long-term growth: prices have risen at an annualised rate of 4.9% over the past decade, substantially faster than the national average. Transaction volumes have slowed notably, with 293 sales in the latest full year against a 10-year average of 446—a decline of around 34%.
Rent & Yield Trends
Average monthly rent in the S postcode area stands at £713, well below the national average. Rental growth has been modest at 3.6% annually over the past decade, closer to the middle of the national range. Yields have improved: the current flat yield of 4.7% exceeds the 10-year average of 4.1%, reflecting the stronger price growth relative to rental income.
Income & Affordability Trends
Average net household income in S2 is £30,611, significantly below the national average. The price-to-income ratio of 5.7x is reasonable by historical standards, though it has edged up slightly from 5.3x in 2016, indicating affordability has tightened marginally. Rental affordability has improved substantially: the rent-to-income ratio has fallen from 22.4% in 2016 to 20.8% today, suggesting rents have grown more slowly than household earnings.
Resident Demographic Profile
S2 has a notably younger age profile than the national average, with 19.9% of residents aged 16–24 (compared to 11.0% nationally) and only 11.1% aged 65 and over (versus 19.6% nationally). Housing tenure is dominated by social renting at 40.6%—more than two and a half times the national average—while owner-occupation is significantly lower. The employment mix skews towards elementary occupations (16.8% vs 10.2% nationally) and sales roles (11.8% vs 7.3%), with fewer managers and professionals than average.