Property trends for SA73

The latest average property price in SA73 is £201,000, placing it well below the national average. Over the past decade, prices have grown at 3.8% per year, slightly above the median rate of national growth. Transaction activity has slowed notably, with 198 sales in the latest full year compared to a 10-year average of 306 annually, reflecting reduced market turnover.

Average monthly rent in the broader SA area stands at £716, significantly below the national average. Rent growth over the past ten years has averaged 3.5% per year, below the national pace. The flat yield has risen to 4.8% in the latest year, up from a 10-year average of 4.1%, indicating improving returns for buy-to-let investors.

Average household income in SA73 is £32,123, below the national average. The price-to-income ratio now stands at 6.1x, having risen from 5.1x in 2016, indicating that affordability for purchase has weakened over the period. Rental affordability has improved: the rent-to-income ratio has fallen from 23.8% in 2016 to 21.7% today.

The population is notably older than the national average, with 23.2% aged 65 and above compared to 19.6% nationally, and 21.2% aged 50–64 against 19.8% nationally. Conversely, the 16–24 age group is underrepresented at 9.1% versus 11.0% nationally. Owner-occupation is above average at 38.4% outright ownership and 23.4% with mortgage, whilst social rented housing at 22.8% is significantly above the national figure of 16.5%. The employment profile is distinctive for higher representation in trades (15.6% vs 10.5% nationally) and caring occupations (14.5% vs 9.2% nationally), with below-average numbers in professional and managerial roles.