At a Glance
Average Property Price - SA38
£272,520
34
National percentile
Average Monthly Rent - SA
£716
10
National percentile
Average Net Household Income - SA38
£31,445
12
National percentile
Flat / Maisonette Yield - SA
4.8%
12
National percentile
10-Year Annualised Price Growth - SA38
5.0%
89
National percentile
10-Year Annualised Rent Growth - SA
3.5%
28
National percentile
Property Price & Volume Trends
The average property price in SA38 stands at £273,000, placing it well below the national average. However, the district has experienced notably strong price growth over the past decade, with properties appreciating at 5.0% annually—among the fastest growth rates seen nationally. Transaction activity has slowed considerably, with 42 sales in the latest year compared to an average of 61 over the previous ten years.
Rent & Yield Trends
Monthly rents in the broader SA postcode area average £716, significantly below the national norm. Rental growth has been modest at 3.5% annually, lagging behind the national average. The flat yield currently stands at 4.8%, marking an improvement on the ten-year average of 4.1%, suggesting a favourable turn for buy-to-let investors despite the lower absolute rent levels.
Income & Affordability Trends
Average household income in SA38 is £31,445, placing the area among the lowest-income districts nationally. The price-to-income ratio has improved slightly from 7.9x in 2016 to 7.6x today, indicating modest gains in purchase affordability. Rental affordability has strengthened more noticeably, with the rent-to-income ratio falling from 23.8% to 21.7% over the same period.
Resident Demographic Profile
SA38 has a distinctly older population: nearly a third of residents are aged 65 or over, compared to just under one-fifth nationally, while those under 25 are notably underrepresented. Housing tenure is heavily skewed towards outright ownership at 54%, well above the national average, reflecting the prevalence of retirees and long-term residents. The employment mix is dominated by trades workers, who make up 23% of the workforce—more than double the national share—whilst professional occupations account for only 15%, below the national norm.