At a Glance
Average Property Price - SG11
£524,177
83
National percentile
Average Monthly Rent - SG
£1,395
72
National percentile
Average Net Household Income - SG11
£47,756
83
National percentile
Flat / Maisonette Yield - SG
5.7%
54
National percentile
10-Year Annualised Price Growth - SG11
2.1%
10
National percentile
10-Year Annualised Rent Growth - SG
4.5%
83
National percentile
Property Price & Volume Trends
The latest average price stands at £524,000, placing it among the most expensive nationally. However, ten-year annualised growth of 2.1% is well below the national trend, suggesting the market here has underperformed significantly. Transaction activity has fallen notably: 86 sales in the latest year compared to a ten-year average of 122, indicating a marked slowdown in market turnover.
Rent & Yield Trends
Average monthly rent of £1,395 sits above the national midpoint. Encouragingly, ten-year annualised rent growth of 4.5% is among the strongest nationally, reflecting sustained demand for rental properties. The flat yield stands at 5.7%, notably above its ten-year average of 4.6%, signalling improved returns for landlords in the current market.
Income & Affordability Trends
Average net household income of £47,756 ranks among the highest nationally. However, affordability has deteriorated considerably: the price-to-income ratio has risen from 10.9x in 2016 to 13.3x today, making purchase significantly less accessible. Rental affordability has also worsened, with the rent-to-income ratio climbing from 26.1% to 31.6% over the same period.
Resident Demographic Profile
The population skews notably older, with those aged 50–64 comprising 22.5% compared to the national average of 19.8%, while young adults aged 16–24 are underrepresented at 8.8% against 11.0% nationally. The housing tenure profile is strongly weighted towards ownership: 39.4% own with a mortgage and 35.7% own outright, together representing a significantly higher share than the national average. Employment is notably skewed towards managerial and professional roles, which together account for 41.3% of the workforce compared to 33.9% nationally, while elementary occupations are substantially underrepresented at 5.7% against 10.2% nationally.