At a Glance
Average Property Price - SA40
£228,129
20
National percentile
Average Monthly Rent - SA
£716
10
National percentile
Average Net Household Income - SA40
£30,926
10
National percentile
Flat / Maisonette Yield - SA
4.8%
12
National percentile
10-Year Annualised Price Growth - SA40
4.0%
65
National percentile
10-Year Annualised Rent Growth - SA
3.5%
28
National percentile
Property Price & Volume Trends
Properties in SA40 are notably affordable, sitting well below the national average at £228,000. Price growth over the past decade has been solid, with annualised gains of 4.0% placing the area in line with or slightly above national trends. Transaction activity has softened recently, with 29 sales in the latest full year compared to a 10-year average of 36 per annum.
Rent & Yield Trends
Rental costs are very low, among the cheapest in the UK at £716 per month, reflecting the rural character of the area. Rent growth has lagged the national pace, rising at 3.5% annually over the past decade. Yields have improved, currently standing at 4.8% against a 10-year average of 4.1%, making the buy-to-let proposition increasingly attractive.
Income & Affordability Trends
Average household income is significantly below the national level at £31,000, typical of rural West Wales. The price-to-income ratio of 7.6x has widened since 2016, when it stood at 6.1x, indicating that homes have become less affordable relative to local earnings. Rental affordability has improved markedly, with rent-to-income ratios falling from 23.8% in 2016 to 21.7% today.
Resident Demographic Profile
The population is notably older, with over-65s representing 27.4% compared to 19.6% nationally, whilst younger age groups are underrepresented—particularly those aged 25–34, who make up just 10% of residents. Housing tenure is dominated by outright ownership at 51.2%, more than 50% above the national average, whilst private renting is correspondingly lower. The employment profile is skewed heavily towards trades and crafts at 23%, well above the national 10.5%, reflecting the rural economy; professional and managerial roles are less common than nationally.