Property trends for SG13

    SG13 covers Ware and surrounding areas in Hertfordshire, north of London. It is a commuter-belt location with a mix of residential character and good transport links to the capital.

    At a Glance

    Average Property Price - SG13

    £535,919

    84

    National percentile

    Average Monthly Rent - SG

    £1,395

    72

    National percentile

    Average Net Household Income - SG13

    £51,676

    91

    National percentile

    Flat / Maisonette Yield - SG

    5.7%

    54

    National percentile

    10-Year Annualised Price Growth - SG13

    4.2%

    73

    National percentile

    10-Year Annualised Rent Growth - SG

    4.5%

    83

    National percentile

    Property Price & Volume Trends

    The latest average property price is £536,000, placing it among the most expensive districts nationally. Over the past decade, prices have grown at 4.2% annually—a solid pace, though below the national average growth rate. Transaction activity has softened, with 247 sales in the latest year compared to a 10-year average of 302, suggesting a market cooling from its longer-term trend.

    Rent & Yield Trends

    Average monthly rent stands at £1,395, above the national median. Rental growth has been robust at 4.5% per year over a decade, outpacing national growth. The flat yield has risen to 5.7%, up from a 10-year average of 4.6%, indicating improving returns for landlords in the recent market.

    Income & Affordability Trends

    Average household income is £52,000, well above the national average and among the highest regionally. However, affordability has deteriorated: the price-to-income ratio has widened from 8.8x in 2016 to 11.3x today, reflecting faster price growth than earnings. Rental affordability has similarly weakened, with rent consuming 31.6% of household income versus 26.1% a decade ago.

    Resident Demographic Profile

    The population skews towards middle age and established families, with a notably higher share aged 35–49 (22% against a national 19%) and fewer young adults aged 16–24 (8% versus 11% nationally). Owner-occupation is strong at 63%, with mortgage-holders (33%) outnumbering outright owners (30%), while private renting (24%) is slightly above average. The workforce is highly weighted towards professional and managerial roles, accounting for 44% of employment—well above the national combined share of 34%—while trades and elementary occupations are significantly underrepresented.

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