At a Glance
Average Property Price - S32
£544,207
85
National percentile
Average Monthly Rent - S
£713
8
National percentile
Average Net Household Income - S32
£48,421
85
National percentile
Flat / Maisonette Yield - S
4.7%
10
National percentile
10-Year Annualised Price Growth - S32
4.9%
87
National percentile
10-Year Annualised Rent Growth - S
3.6%
36
National percentile
Property Price & Volume Trends
The average property price of £544,207 places S32 among the most expensive districts nationally. Over the past decade, prices have grown at 4.9% per year—a rate well above the national average, reflecting sustained demand in the area. Transaction activity has slowed recently, with 54 sales in the latest full year compared to a 10-year average of 80, suggesting a tightening market.
Rent & Yield Trends
At £713 per month, rental levels in the broader S postcode area are well below the national average, placing it among the cheapest regions for tenants. Rents have grown at 3.6% annually over the past decade—a pace slightly slower than the national trend. The flat yield of 4.7% is now noticeably above its 10-year average of 4.1%, indicating a modest improvement in rental returns despite modest rent growth.
Income & Affordability Trends
Average household income of £48,421 is well above the national average, reflecting the area's relatively prosperous demographic profile. The price-to-income ratio of 9.4x shows marked improvement from 12.3x in 2016, indicating properties have become significantly more affordable relative to earnings. Rental affordability has also improved, with the rent-to-income ratio falling from 22.4% in 2016 to 20.8% today, though rent still consumes a meaningful share of household income.
Resident Demographic Profile
The population is heavily skewed towards older age groups: over one quarter are aged 50–64, and nearly 30% are 65 or over—far above the national average of 19.6%. Conversely, younger cohorts are notably underrepresented; those aged 16–24 account for just 7.4%, less than two-thirds the national proportion. Housing tenure reflects an affluent, established population: nearly half own their homes outright, well above the national average of 33.7%, while private rental and social housing occupy much smaller shares. The employment profile is weighted towards higher-status occupations, with professionals and managers comprising 42.8% of the workforce—well above the combined national average of 33.9%.