Property trends for SA20

    SA20 covers rural and semi-rural settlements across mid-Carmarthenshire, in south-west Wales. It is characterised by farming communities, small market towns, and countryside living with a traditionally working-class economy.

    At a Glance

    Average Property Price - SA20

    £272,292

    34

    National percentile

    Average Monthly Rent - SA

    £716

    10

    National percentile

    Average Net Household Income - SA20

    £33,194

    20

    National percentile

    Flat / Maisonette Yield - SA

    4.8%

    12

    National percentile

    10-Year Annualised Price Growth - SA20

    6.0%

    96

    National percentile

    10-Year Annualised Rent Growth - SA

    3.5%

    28

    National percentile

    Property Price & Volume Trends

    The average property price in SA20 is £272,292, placing it below the national average. Over the past decade, the district has experienced annualised price growth of 6.0%, among the fastest growth rates nationally. Transaction activity last year stood at 40 sales, slightly below the 10-year average of 42 per annum.

    Rent & Yield Trends

    Average monthly rent in the broader SA postcode area is £716, well below the national average. Rental growth over the past decade has been modest at 3.5% per annum, below the national rate. The flat yield currently stands at 4.8%, notably above its 10-year average of 4.1%, reflecting improving investment returns in recent years.

    Income & Affordability Trends

    Average net household income is £33,194, significantly below the national average. The price-to-income ratio has risen to 9.0x, worsening from 7.3x in 2016, indicating that property prices have outpaced income growth. Rental affordability has improved: the rent-to-income ratio has fallen from 23.8% in 2016 to 21.7% today.

    Resident Demographic Profile

    SA20 has an unusually aged population: over 29% are aged 65 and above, compared to 19.6% nationally, while those aged under 35 comprise just 22.7% against a national average of 41.9%. Housing tenure is heavily skewed towards outright ownership at 55.9%, nearly double the national average, reflecting a mature, settled community. The workforce is dominated by trades occupations at 25.5%, significantly above the national share of 10.5%, consistent with the area's rural and agricultural character.

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