Property trends for SA71

    SA71 covers the Tenby area and surrounding communities in Pembrokeshire, South Wales, positioned on the south coast of the county. It is a coastal locality with long-standing appeal to both residents and visitors, characterised by its maritime heritage and seaside amenities.

    At a Glance

    Average Property Price - SA71

    £224,365

    19

    National percentile

    Average Monthly Rent - SA

    £716

    10

    National percentile

    Average Net Household Income - SA71

    £32,085

    14

    National percentile

    Flat / Maisonette Yield - SA

    4.8%

    12

    National percentile

    10-Year Annualised Price Growth - SA71

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - SA

    3.5%

    28

    National percentile

    Property Price & Volume Trends

    The latest average property price in SA71 is £224,000, placing it well below the national average—among the cheapest areas nationally. Over the past decade, prices have grown at 3.3% annually, a rate below the national trend. Transaction activity in the latest full year was notably lower than its 10-year average, with 121 sales against a historical mean of 170 per annum.

    Rent & Yield Trends

    Average monthly rent across the broader SA postcode area stands at £716, significantly below the national average—among the cheapest rentals nationally. Over ten years, rents have grown at 3.5% annually, below the rate of national rent growth. The current flat yield of 4.8% is above its 10-year average of 4.1%, reflecting a steady improvement in rental returns.

    Income & Affordability Trends

    Average net household income in SA71 is £32,085, placing the area well below the national average. The price-to-income ratio of 7.3x has worsened since 2016 (when it stood at 6.9x), indicating declining affordability for purchase. Rental affordability, by contrast, has improved: the rent-to-income ratio has fallen from 23.8% in 2016 to 21.7% today.

    Resident Demographic Profile

    SA71 has a notably older population profile, with over a quarter aged 65 and above (compared to 19.6% nationally) and a notably low proportion aged 16–24 at just 8.6%. Housing is skewed towards outright ownership at 39.5% and social rented tenure at 22.4%, both well above national norms, while mortgage ownership and private rental are proportionally lower. The employment mix is distinctive for its high concentration in trades (15.4%) and caring professions (14.0%), alongside above-average elementary work; professional employment, by contrast, is notably underrepresented at 13.7%.

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