Property trends for SA62

The average property price in SA62 is £278,000, placing it below the national average—among the cheaper areas nationally. Over the past decade, prices have grown at 3.5% annually, broadly in line with the UK average. Transaction activity has declined, with 223 sales in the latest year compared to a 10-year annual average of 297, suggesting a quieter market currently.

Average monthly rent in the wider SA postcode area stands at £716, significantly below the national average—among the cheapest areas for rental costs. Rental growth has averaged 3.5% annually over ten years, below the national pace. The current flat yield of 4.8% exceeds the 10-year average of 4.1%, reflecting improving returns for buy-to-let investors.

Average household income is £34,184, below the national median—among the lower-earning areas. The price-to-income ratio of 9.2x has worsened since 2016 (7.8x), indicating that property prices have outpaced income growth and purchase affordability has deteriorated. Rental affordability has improved: the rent-to-income ratio has fallen from 23.8% in 2016 to 21.7% currently.

SA62 has a notably older population, with over a quarter aged 65 and above (compared to 19.6% nationally) and a significantly elevated 50–64 age band at 23.1%. The under-16s and 16–24 age groups are both below national averages, reflecting limited youth retention. Housing tenure is distinctive: over half of homes are owned outright (50.3%, well above the 33.7% national figure), while private renting is substantially lower at 13.7%. Employment is skewed towards trades at 18.6%—markedly above the national 10.5%—while professional occupations are slightly underrepresented.