Property trends for SA61

    SA61 covers Fishguard and the surrounding villages and coastal areas of north Pembrokeshire, sitting in the county's northwest corner near the Irish ferry port. It is a rural and semi-rural area with a mix of working communities, coastal heritage, and outdoor appeal.

    At a Glance

    Average Property Price - SA61

    £213,275

    16

    National percentile

    Average Monthly Rent - SA

    £716

    10

    National percentile

    Average Net Household Income - SA61

    £32,234

    15

    National percentile

    Flat / Maisonette Yield - SA

    4.8%

    12

    National percentile

    10-Year Annualised Price Growth - SA61

    4.6%

    83

    National percentile

    10-Year Annualised Rent Growth - SA

    3.5%

    28

    National percentile

    Property Price & Volume Trends

    The average property price in SA61 is £213,000, placing it among the cheapest nationally. Despite this low entry point, the district has experienced strong capital growth, with prices rising at 4.6% per year over the past decade—a rate among the fastest nationally. Transaction volume has declined, with 169 sales in the latest full year compared to a 10-year average of 208, suggesting a softening in activity.

    Rent & Yield Trends

    Rental costs in the broader SA area are very modest at £716 per month, among the lowest nationally. Rent growth has been muted, rising at 3.5% annually over a decade—a below-average pace. Yields have improved, however, standing at 4.8% in the latest year compared with a 10-year average of 4.1%, reflecting the relative strength of rental income against property values.

    Income & Affordability Trends

    Average household income in SA61 is £32,000, well below the national average. Housing affordability has deteriorated: the price-to-income ratio has risen from 5.7x in 2016 to 6.4x today, placing greater pressure on buyers despite low absolute prices. Rental affordability has improved materially, with the rent-to-income ratio falling from 23.8% to 21.7% over the same period.

    Resident Demographic Profile

    The population skews slightly older, with those aged 65 and over representing 19.7% (above the 19.6% national average) and a notably higher proportion of children under 15 at 19.7% versus 17.5% nationally. Employment is weighted heavily towards caring roles at 15.8%—significantly higher than the 9.2% national average—reflecting an older, more dependent population. Trades and elementary occupations are also more prevalent here, while professional and managerial roles are underrepresented. Social rented housing is notably above average at 22.4% compared with 16.5% nationally, and ownership with a mortgage is below average at 21.6% versus 27.0%.

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