At a Glance
Average Property Price - SK13
£279,257
36
National percentile
Average Monthly Rent - SK
£989
49
National percentile
Average Net Household Income - SK13
£40,327
60
National percentile
Flat / Maisonette Yield - SK
5.1%
25
National percentile
10-Year Annualised Price Growth - SK13
5.4%
93
National percentile
10-Year Annualised Rent Growth - SK
4.6%
85
National percentile
Property Price & Volume Trends
The latest average property price in SK13 is £279,000, positioning it below the national average and making it relatively affordable by UK standards. Over the past decade, prices have grown at 5.4% annually, placing the area among the fastest-growing markets nationally. Transaction volumes have eased to 417 sales in the latest year, down from a 10-year average of 544, suggesting a softer market than the historical norm.
Rent & Yield Trends
Average monthly rent across the broader SK postcode area stands at £989, close to the national median. Rents have grown at 4.6% annually over the past decade, outpacing the national average and indicating sustained demand for rental properties. The flat yield currently sits at 5.1%, a marked improvement from the 10-year average of 4.3%, reflecting more attractive returns for buy-to-let investors.
Income & Affordability Trends
Average household income in SK13 is £40,327, slightly above the national average. The price-to-income ratio stands at 6.4x, which has risen since 2016 (5.8x), indicating that purchase affordability has deteriorated despite moderate price growth. Rental affordability has also weakened, with the rent-to-income ratio rising from 25.1% in 2016 to 26.2% today, putting greater pressure on renters' budgets.
Resident Demographic Profile
The population skews noticeably older, with those aged 50–64 representing 23.5% compared to the national average of 19.8%, and over-65s at 19.9% versus 19.6% nationally. Younger adults aged 16–24 are underrepresented at 8.4% against the national 11.0%, reflecting typical out-migration of school-leavers. Owner-occupation is strong, with 36.7% owning outright and 33.1% owning with a mortgage, well above national averages, while private rented housing at 15.8% is below the 21.7% national figure. Employment is largely skewed toward professional and managerial roles, which together account for over a quarter of the workforce.