At a Glance
Average Property Price - S41
£222,246
18
National percentile
Average Monthly Rent - S
£713
8
National percentile
Average Net Household Income - S41
£32,398
16
National percentile
Flat / Maisonette Yield - S
4.7%
10
National percentile
10-Year Annualised Price Growth - S41
4.0%
67
National percentile
10-Year Annualised Rent Growth - S
3.6%
36
National percentile
Property Price & Volume Trends
The latest average property price in S41 is £222,000, well below the national average and among the cheapest across the UK. Over the past decade, prices have grown at 4.0% annually—slightly above the national median pace. Transaction volumes have declined noticeably: 431 sales in the latest full year against a ten-year average of 588, suggesting a softer market.
Rent & Yield Trends
Average monthly rent across the broader S postcode area stands at £713, significantly below the national average and among the lowest in the country. Rental growth over ten years has been 3.6% annually, below the national pace. The flat yield has improved to 4.7% in the latest year, up from a ten-year average of 4.1%, reflecting the appeal of this market to buy-to-let investors.
Income & Affordability Trends
Average net household income is £32,398, below the national average and among the lowest nationally. The price-to-income ratio stands at 6.9x, meaning property remains relatively affordable compared to earnings, though this ratio has risen from 6.0x in 2016, indicating modest pressure on purchasing power. Rental affordability has improved: the rent-to-income ratio has fallen from 22.4% in 2016 to 20.8% today.
Resident Demographic Profile
The population skews slightly older than the nation as a whole, with those aged 50–64 making up 21.4% (above the national average of 19.8%) and the 65+ cohort at 20.1% (above the national 19.6%). The young adult population is notably underrepresented: those aged 16–24 account for only 9%, well below the national average of 11.0%. The employment mix is distinctive, with above-average shares in elementary occupations (11.6% vs 10.2%), caring roles (11.9% vs 9.2%), and trades (11.4% vs 10.5%), reflecting the area's working-class character.