Property trends for SA48

    SA48 covers areas in south-west Wales, sitting within the broader Carmarthenshire region. It is a largely rural and semi-rural district with a character shaped by agriculture, small communities, and coastal proximity.

    At a Glance

    Average Property Price - SA48

    £250,553

    28

    National percentile

    Average Monthly Rent - SA

    £716

    10

    National percentile

    Average Net Household Income - SA48

    £31,626

    12

    National percentile

    Flat / Maisonette Yield - SA

    4.8%

    12

    National percentile

    10-Year Annualised Price Growth - SA48

    3.6%

    52

    National percentile

    10-Year Annualised Rent Growth - SA

    3.5%

    28

    National percentile

    Property Price & Volume Trends

    The latest average property price in SA48 is £251,000, placing it well below the national average. Over the past decade, prices have grown at 3.6% annually — broadly in line with the national pace. Transaction activity has softened slightly, with 93 sales in the latest year compared to a 10-year average of 107.

    Rent & Yield Trends

    Average monthly rent in the SA postcode area is £716, significantly below the national average — among the cheapest in the country. Rents have grown at 3.5% per year over a decade, which is slower than the national trend. The flat yield currently stands at 4.8%, up from a 10-year average of 4.1%, reflecting improving returns for landlords.

    Income & Affordability Trends

    Average household income is £32,000, placing the area among the lowest nationally. The price-to-income ratio of 7.9x has risen since 2016 (when it was 6.9x), indicating that property affordability has weakened relative to local earnings. Rental affordability has improved marginally: the rent-to-income ratio has fallen from 23.8% to 21.7%, showing rents are taking a slightly smaller share of household budgets.

    Resident Demographic Profile

    The population is notably older than the national average, with 28% aged 65 and above (compared to 20% nationally) and only 15% under 15. Housing tenure is dominated by outright ownership at 52%, far exceeding the national average of 34% and reflecting a settled, mature population. The employment profile is distinctive for its strong trades sector at 22% — double the national average — and a correspondingly lower proportion of professionals at 15%.

    Explore properties in SA48

    Explore nearby