Property trends for SA41

    SA41 covers the Tenby and Caldey Island area in Pembrokeshire, southwest Wales, situated on the Carmarthen Bay coast. It is a seaside destination with a strong tourism economy, retirement appeal, and a mix of historic town character and coastal amenities.

    At a Glance

    Average Property Price - SA41

    £244,292

    26

    National percentile

    Average Monthly Rent - SA

    £716

    10

    National percentile

    Average Net Household Income - SA41

    £33,226

    21

    National percentile

    Flat / Maisonette Yield - SA

    4.8%

    12

    National percentile

    10-Year Annualised Price Growth - SA41

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - SA

    3.5%

    28

    National percentile

    Property Price & Volume Trends

    The latest average property price in SA41 is £244,000, placing it among the cheaper parts of the UK overall. Over the past decade, prices have grown at 3.4% annually—a below-average pace. Transaction activity has slowed noticeably: only 12 sales were recorded in the latest full year, against a 10-year average of 18 per year, suggesting a quieter market.

    Rent & Yield Trends

    Average monthly rent in the broader SA postcode area stands at £716, well below the national norm. Rental growth over the past decade has been modest at 3.5% annually, below the typical pace nationally. The flat yield has improved to 4.8% in the latest year, up from a 10-year average of 4.1%, reflecting steady rental income relative to property values.

    Income & Affordability Trends

    Average net household income of £33,226 is notably below the national typical, placing the area among less affluent regions. The price-to-income ratio has risen sharply to 10.9x from 6.4x in 2016, indicating that properties have become significantly less affordable relative to local earnings over the past eight years. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 23.8% to 21.7%, suggesting that rents consume a smaller share of household income than they did in 2016.

    Resident Demographic Profile

    The population is distinctly older, with nearly three in ten residents aged 65 and over—far above the national average of one in five—and only 8% aged 16–24, well below the national norm. Housing tenure is heavily weighted towards outright ownership at 56%, more than one-and-a-half times the national average, whilst private renting is significantly lower at 15%. The employment mix is dominated by trades at 25%, nearly two-and-a-half times the national proportion, reflecting the area's strong construction and manual-labour base, whilst professional occupations are underrepresented at 15%.

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