At a Glance
Average Property Price - SK11
£312,399
46
National percentile
Average Monthly Rent - SK
£989
49
National percentile
Average Net Household Income - SK11
£36,836
43
National percentile
Flat / Maisonette Yield - SK
5.1%
25
National percentile
10-Year Annualised Price Growth - SK11
4.9%
87
National percentile
10-Year Annualised Rent Growth - SK
4.6%
85
National percentile
Property Price & Volume Trends
The latest average property price in SK11 is £312,000, roughly in line with the national average. Over the past decade, the area has experienced strong annualised price growth of 4.9%, placing it among the fastest-growing markets nationally. Transaction activity has eased slightly, with 581 sales in the latest full year compared to a 10-year average of 664 annually.
Rent & Yield Trends
Average monthly rents in the broader SK postcode area stand at £989, close to the national midpoint. Rental growth over ten years has been robust at 4.6% annualised, among the faster-growing regions nationally. The rental yield has improved noticeably, rising to 5.1% in the latest year from a 10-year average of 4.3%, reflecting a positive shift for buy-to-let investors.
Income & Affordability Trends
Average net household income is £36,836, slightly below the national average. The price-to-income ratio of 7.8x has risen from 6.7x in 2016, indicating that homes have become less affordable relative to earnings. Rental affordability has also tightened, with rents now consuming 26.2% of household income, up from 25.1% in 2016.
Resident Demographic Profile
The population skews notably older than the national average, with over a fifth aged 65 and above, and those aged 50–64 representing 22.6% of residents. Young adults aged 16–24 are significantly underrepresented at 8.2%, well below the national figure. The tenure mix shows stronger mortgage ownership (29.9% vs 27.0% nationally) and slightly elevated private renting (23.1%), whilst social renting is notably below average at 12.1%. Professionally employed residents are overrepresented at 22%, as are managers and technical workers, reflecting a skilled workforce profile.