At a Glance
Average Property Price - S3
£154,133
3
National percentile
Average Monthly Rent - S
£713
8
National percentile
Average Net Household Income - S3
£34,176
26
National percentile
Flat / Maisonette Yield - S
4.7%
10
National percentile
10-Year Annualised Price Growth - S3
2.8%
23
National percentile
10-Year Annualised Rent Growth - S
3.6%
36
National percentile
Property Price & Volume Trends
The latest average property price in S3 is £154,000, placing it among the cheapest nationally. Over the past decade, prices have grown at 2.8% annually—below the national average pace. Transaction volumes have slowed significantly, with 94 sales recorded in the latest full year compared to a 10-year average of 220, reflecting a marked decline in activity.
Rent & Yield Trends
Average monthly rent across the broader S postcode area stands at £713, well below the national average. Rental growth over the past decade has been modest at 3.6% annually, slightly below the national trend. The flat yield has improved to 4.7% from a 10-year average of 4.1%, indicating strengthening returns for buy-to-let investors.
Income & Affordability Trends
Average net household income is £34,176, modestly below the national average. The price-to-income ratio now stands at 5.0x, having worsened from 4.1x in 2016—meaning property has become less affordable relative to earnings. Rental affordability has improved marginally: the rent-to-income ratio has fallen from 22.4% to 20.8%, easing pressure on renters' budgets.
Resident Demographic Profile
S3 has a distinctly youthful profile, with over 31% of residents aged 16–24—nearly three times the national average—and a notably compressed middle age and older population. Housing tenure is heavily skewed towards private renting (46.3%) and social renting (28.6%), with outright ownership at just 12.8%, reflecting the area's student and transient population. The workforce is weighted towards professionals (26.3%) and elementary occupations (15.1%), with notably low representation in managerial roles (6.3%) compared to the national norm.