At a Glance
Average Property Price - SG16
£409,948
69
National percentile
Average Monthly Rent - SG
£1,395
72
National percentile
Average Net Household Income - SG16
£46,979
81
National percentile
Flat / Maisonette Yield - SG
5.7%
54
National percentile
10-Year Annualised Price Growth - SG16
3.9%
61
National percentile
10-Year Annualised Rent Growth - SG
4.5%
83
National percentile
Property Price & Volume Trends
The latest average property price of £410,000 sits well above the national midpoint, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 3.9% annually—a pace slightly above the national average. Transaction activity has softened recently, with 106 sales in the latest full year compared to a 10-year average of 147, suggesting a decline in market momentum.
Rent & Yield Trends
Average monthly rent of £1,395 is notably above the national norm, reflecting strong rental demand in the area. Rent has risen at 4.5% per year over the past decade—well above the typical pace nationally. The current flat yield of 5.7% is considerably higher than the 10-year average of 4.6%, indicating that rental returns have improved markedly in recent years.
Income & Affordability Trends
Average household income of £47,000 sits in the upper national bracket, above typical earnings across the country. The price-to-income ratio of 9.5x has worsened since 2016 (when it stood at 8.2x), reflecting faster price growth than income gains and making purchase less affordable in relative terms. Rental affordability has similarly deteriorated: the rent-to-income ratio has risen from 26.1% to 31.6%, meaning a larger share of household income is now required to cover rental costs.
Resident Demographic Profile
The age profile shows a notably higher proportion of 35–49 year-olds (20.4% versus 18.7% nationally) and a higher representation in the 50–64 bracket (21.0% versus 19.8%), suggesting a mature population. Conversely, 16–24 year-olds are significantly underrepresented at 8% compared to 11% nationally. Housing tenure is distinctive: owner-occupation is strong, with 37.5% holding mortgages (well above the 27% national average) and 36.4% owning outright, whilst private rental at 11% is notably below the national 21.7%. The employment mix skews towards managerial (16.1% versus 13.4%) and technical (16.3% versus 13.2%) roles, with below-average representation in elementary work and sales.
