At a Glance
Average Property Price - S40
£238,785
24
National percentile
Average Monthly Rent - S
£713
8
National percentile
Average Net Household Income - S40
£36,024
37
National percentile
Flat / Maisonette Yield - S
4.7%
10
National percentile
10-Year Annualised Price Growth - S40
3.1%
33
National percentile
10-Year Annualised Rent Growth - S
3.6%
36
National percentile
Property Price & Volume Trends
The latest average property price in S40 is £239,000, placing it well below the national average and among the more affordable districts nationally. Over the past decade, prices have grown at 3.1% annually—a pace below the national trend. Transaction activity has softened slightly, with 452 sales in the latest full year compared to a 10-year average of 518 annually.
Rent & Yield Trends
Average monthly rent in the broader S postcode area stands at £713, significantly below the national average. Rents have expanded at 3.6% per year over the past decade, a pace slightly slower than the national rate. The flat yield has ticked upward to 4.7%, above its 10-year average of 4.1%, reflecting stronger rental income relative to property values.
Income & Affordability Trends
Average net household income in S40 is £36,024, slightly below the national median. The price-to-income ratio of 6.5x has remained stable since 2016, indicating that affordability has neither improved nor deteriorated relative to local earnings. Rental affordability has improved noticeably: the rent-to-income ratio has fallen from 22.4% in 2016 to 20.8% today, easing the burden on renters.
Resident Demographic Profile
The population skews older than the national average, with those aged 50–64 and 65+ comprising 40.4% of residents compared to 39.4% nationally. The 16–24 age group is notably underrepresented at 9.3% versus 11% nationally, reflecting limited graduate retention. Private renting is above average at 27.8% against the national norm of 21.7%, while owner-occupation with a mortgage is below average at 24.8% versus 27% nationally. The employment mix reflects the area's industrial heritage: elementary occupations account for 11.2% (above the 10.2% national figure), whilst professional and managerial roles are slightly underrepresented.