At a Glance
Average Property Price - SK15
£234,208
22
National percentile
Average Monthly Rent - SK
£989
49
National percentile
Average Net Household Income - SK15
£33,615
23
National percentile
Flat / Maisonette Yield - SK
5.1%
25
National percentile
10-Year Annualised Price Growth - SK15
4.5%
79
National percentile
10-Year Annualised Rent Growth - SK
4.6%
85
National percentile
Property Price & Volume Trends
The average property price of £234,000 sits well below the national average, placing it among the more affordable areas nationally. The 10-year annualised growth rate of 4.5% is significantly above the national pace, reflecting stronger-than-average capital appreciation over the decade. Transaction activity has declined, with 263 sales in the latest year against a 10-year average of 359, suggesting a softer current market.
Rent & Yield Trends
Average monthly rents of £989 are close to the national middle ground, neither notably high nor low. Rental growth over the past decade has been strong at 4.6% per year—well above the national trend—indicating rising affordability pressures for tenants. The flat yield of 5.1% currently exceeds its 10-year average of 4.3%, placing the rental return in a more attractive position for investors.
Income & Affordability Trends
Average household net income of £34,000 is notably below the national average, reflecting the area's lower-income profile. The price-to-income ratio of 6.8x has risen from 5.9x in 2016, indicating that purchasing power has weakened relative to prices over that period. Rental affordability has also deteriorated slightly, with the rent-to-income ratio climbing from 25.1% to 26.2%, though it remains manageable.
Resident Demographic Profile
The population skews slightly older than the national average, with 20% aged 50–64 and 18% aged 65 and over, while those aged 16–24 are underrepresented at 9.3%. Social rented housing is notably overrepresented at 23.8% compared to the national 16.5%, whilst owned-outright housing at 29.2% is below average. The employment mix shows a notably higher proportion in caring roles at 10.1% compared to 9.2% nationally, and a higher share of administrative workers at 10.5%, reflecting a significant care and service sector presence.