At a Glance
Average Property Price - S71
£182,932
8
National percentile
Average Monthly Rent - S
£713
8
National percentile
Average Net Household Income - S71
£33,331
21
National percentile
Flat / Maisonette Yield - S
4.7%
10
National percentile
10-Year Annualised Price Growth - S71
4.4%
78
National percentile
10-Year Annualised Rent Growth - S
3.6%
36
National percentile
Property Price & Volume Trends
The latest average property price in S71 is £183,000, placing it among the least expensive districts nationally. Over the past decade, prices have grown at 4.4% annually — a pace that sits well above the national average, demonstrating resilience despite the area's modest absolute price level. Transaction activity has slowed noticeably, with 425 sales in the latest full year compared to a 10-year average of 644, suggesting a softer market.
Rent & Yield Trends
Average monthly rent across the broader S postcode area stands at £713, placing it among the least expensive rental markets in the country. Over ten years, rents have grown at 3.6% annually — close to the national average, indicating stable if unspectacular rental growth. The flat yield currently stands at 4.7%, notably higher than its 10-year average of 4.1%, reflecting an improvement in the rental income proposition for investors.
Income & Affordability Trends
Average net household income in S71 is £33,331, well below the national average. The price-to-income ratio stands at 5.0x, which has deteriorated since 2016 (when it was 4.7x), indicating that property has become less affordable relative to local earnings. Rental affordability has improved, however: the rent-to-income ratio has fallen to 20.8% from 22.4% in 2016, suggesting rents are taking a smaller share of household income.
Resident Demographic Profile
The population skews notably older than national average, with 21% aged 50–64 and combined figures for pensionable ages well above the norm. Conversely, those aged 16–24 are markedly underrepresented at 9.3%. The tenure profile shows significantly higher social rented housing (23.1% versus 16.5% nationally) and lower private rented stock (16.4% versus 21.7%), reflecting the area's social housing heritage. Employment is weighted heavily towards trades (12.7%) and elementary occupations (15.1%), both well above national averages, with professionals and managers proportionally less represented.