Property trends for SA44

    SA44 covers the rural west Wales area around Cardigan and the Teifi Valley, situated in Ceredigion in the mid-west of Wales. It is a characterful countryside district with strong community ties, appealing to those seeking a quieter, more established residential environment.

    At a Glance

    Average Property Price - SA44

    £258,366

    30

    National percentile

    Average Monthly Rent - SA

    £716

    10

    National percentile

    Average Net Household Income - SA44

    £31,938

    14

    National percentile

    Flat / Maisonette Yield - SA

    4.8%

    12

    National percentile

    10-Year Annualised Price Growth - SA44

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - SA

    3.5%

    28

    National percentile

    Property Price & Volume Trends

    The latest average property price in SA44 is £258,000, placing it well below the national average. Annual price growth over the past decade has averaged 3.4%, which is broadly in line with the national trend. Transaction activity has slowed considerably: the latest full year saw 109 sales compared to a 10-year average of 154 per year, suggesting a tightening of market liquidity.

    Rent & Yield Trends

    Average monthly rent in the broader SA area stands at £716, significantly below the national average. Over the past decade, rents have grown at 3.5% per year, a pace slower than the national rate. The flat yield has improved notably, currently standing at 4.8% compared to a 10-year average of 4.1%, reflecting stronger returns for buy-to-let investors.

    Income & Affordability Trends

    Average household income of £32,000 is notably below the national average, reflecting the rural character of the area. Purchase affordability has deteriorated: the price-to-income ratio has risen from 7.8x in 2016 to 8.5x today, despite modest price growth. Rental affordability, however, has improved substantially, with rent-to-income falling from 23.8% in 2016 to 21.7%, indicating renters are now spending proportionately less of their income on housing.

    Resident Demographic Profile

    SA44 has an exceptionally aged population: one in three residents is over 65, more than double the national proportion, while those aged under 15 and 16–24 are both significantly underrepresented. Housing tenure is dominated by outright ownership at 55%, well above the national average of 34%, with correspondingly lower levels of mortgaged and rented housing. Employment is skewed heavily towards trades at 23% of the workforce—more than double the national rate—reflecting the rural and agricultural economy, while professional occupations are proportionately fewer.

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