At a Glance
Average Property Price - SK10
£429,490
72
National percentile
Average Monthly Rent - SK
£989
49
National percentile
Average Net Household Income - SK10
£40,343
60
National percentile
Flat / Maisonette Yield - SK
5.1%
25
National percentile
10-Year Annualised Price Growth - SK10
4.3%
75
National percentile
10-Year Annualised Rent Growth - SK
4.6%
85
National percentile
Property Price & Volume Trends
The latest average property price in SK10 is £429,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 4.3% annually, slightly above the national trend. Transaction volume reached 685 sales in the latest full year, down from a 10-year average of 776, reflecting a modest slowdown in activity.
Rent & Yield Trends
Average monthly rent in the SK postcode area is £989, close to the national median. Rental growth has been notably strong, at 4.6% annually over the past decade—well above the national average. The current flat yield of 5.1% is an improvement on its 10-year average of 4.3%, indicating a tightening rental market relative to property values.
Income & Affordability Trends
Average net household income is £40,343, slightly above the national midpoint. The price-to-income ratio of 10.1x has worsened since 2016 (when it stood at 9.3x), suggesting purchase affordability has tightened. Rental affordability has also declined modestly: the rent-to-income ratio now stands at 26.2%, up from 25.1% in 2016.
Resident Demographic Profile
The population skews notably older than the national average, with those aged 50–64 representing 22.3% (versus 19.8% nationally) and the 65+ group at 21.1% (against 19.6% nationally). By contrast, younger adults aged 16–24 are underrepresented at 8.2%, well below the national 11%. The area has a strong professional and managerial workforce (39.1% combined), with professionals particularly well-represented at 23.3%. Outright home ownership is above average at 35.3%, while social rented housing is notably lower than the national norm at 9.9%.