At a Glance
Average Property Price - S43
£206,260
14
National percentile
Average Monthly Rent - S
£713
8
National percentile
Average Net Household Income - S43
£33,941
25
National percentile
Flat / Maisonette Yield - S
4.7%
10
National percentile
10-Year Annualised Price Growth - S43
4.2%
73
National percentile
10-Year Annualised Rent Growth - S
3.6%
36
National percentile
Property Price & Volume Trends
The average property price of £206,000 places S43 well below the national average—among the cheapest nationally. Despite this low baseline, the district has experienced solid growth over the past decade, with prices rising 4.2% annually, a rate that ranks among the faster-growing areas nationally. Transaction activity has eased in recent years, with 516 sales in the latest full year compared to a 10-year average of 636, suggesting a more modest market pace.
Rent & Yield Trends
Monthly rents average £713, placing the S postcode area among the cheapest for rental costs nationally. Rent growth over the past decade has been steady at 3.6% annually, slightly below the national trend. The flat yield currently stands at 4.7%, a meaningful improvement from the 10-year average of 4.1%, reflecting the stronger returns now available to buy-to-let investors in this market.
Income & Affordability Trends
Average household income of £34,000 is below the national average, positioning residents in the lower-income quartile nationally. The price-to-income ratio of 6.0x indicates that purchasing has become less affordable since 2016, when the ratio stood at 5.2x. Rental affordability has improved markedly over the same period: the rent-to-income ratio has fallen from 22.4% to 20.8%, making renting easier for local tenants despite modest income levels.
Resident Demographic Profile
The population skews slightly older than the national average, with over-50s representing 42.1% of residents compared to 39.4% nationally, while those aged 16–24 are notably underrepresented at 9.2% versus 11.0%. Housing tenure is distinctive: outright ownership is above average at 35.8%, and social rented properties account for 19% of the stock against 16.5% nationally, suggesting a mixed-tenure community. The employment profile is notably weighted towards elementary roles (12.6% versus 10.2% nationally) and caring professions (12.3% versus 9.2%), reflecting a workforce skewed towards lower-skilled and service-sector occupations, with proportionally fewer professionals (14.9% versus 20.5%).
