At a Glance
Average Property Price - SG9
£511,121
81
National percentile
Average Monthly Rent - SG
£1,395
72
National percentile
Average Net Household Income - SG9
£35,907
37
National percentile
Flat / Maisonette Yield - SG
5.7%
54
National percentile
10-Year Annualised Price Growth - SG9
2.5%
15
National percentile
10-Year Annualised Rent Growth - SG
4.5%
83
National percentile
Property Price & Volume Trends
The latest average property price in SG9 is £511,000, placing it among the most expensive nationally. However, 10-year annualised growth has been modest at 2.5%, significantly below the national average. Transaction activity has slowed considerably, with 149 sales in the latest year compared to a 10-year average of 230 per annum.
Rent & Yield Trends
Average monthly rent in the broader SG postcode is £1,395, above the national median. Rental growth over the past decade has been strong at 4.5% annually, well above the national average. The current flat yield stands at 5.7%, notably higher than its 10-year average of 4.6%, signalling improved returns for buy-to-let investors.
Income & Affordability Trends
Household incomes in SG9 average £35,907, below the national average. Affordability has deteriorated markedly: the price-to-income ratio has risen from 10.3x in 2016 to 14.2x today, reflecting faster property price growth than income rises. Rental affordability has also worsened, with the rent-to-income ratio increasing from 26.1% to 31.6% over the same period.
Resident Demographic Profile
The age profile is notably skewed towards families and older residents: those under 15 account for 20.4% of the population (above the national average of 17.5%), while the 16–24 age group is underrepresented at 8.2%. Housing tenure is heavily weighted towards owner-occupation, with 38.2% owning with a mortgage and 36.4% owning outright, leaving a small private rental sector at 10.6%. The employment base is dominated by managers and professionals, who together account for 37.3% of the workforce, well above the national average of 33.9%.