At a Glance
Average Property Price - SK2
£301,858
42
National percentile
Average Monthly Rent - SK
£989
49
National percentile
Average Net Household Income - SK2
£35,295
33
National percentile
Flat / Maisonette Yield - SK
5.1%
25
National percentile
10-Year Annualised Price Growth - SK2
4.9%
87
National percentile
10-Year Annualised Rent Growth - SK
4.6%
85
National percentile
Property Price & Volume Trends
The average property price in SK2 is £302,000, close to the national middle ground. Over the past decade, prices have grown at 4.9% annually—significantly faster than the national average, placing it among the stronger performers nationally. Transaction activity has softened recently, with 385 sales in the latest year compared to a 10-year average of 464, suggesting a modest slowdown in market momentum.
Rent & Yield Trends
Monthly rents average £989, broadly in line with the national median. Rental growth has been robust, running at 4.6% per year over the past decade—well above the national average. The flat yield has improved to 5.1%, up from a 10-year average of 4.3%, reflecting stronger returns for buy-to-let investors in the area.
Income & Affordability Trends
Average household income is £35,295, below the national average and placing the area in the lower-income quartile nationally. The price-to-income ratio stands at 8.0x, slightly higher than in 2016 (7.2x), indicating that property affordability has tightened over the past eight years. Rental affordability has also declined; renters now spend 26.2% of income on rent, up from 25.1% in 2016.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (19.1% versus 17.5% nationally) and a more pronounced working-age middle (35–49 at 20.6%), suggesting a family-oriented demographic. Mortgage-holding ownership is elevated at 33.1%, well above the national average of 27.0%, while outright ownership is correspondingly lower. The employment mix is distinctive for above-average technical roles (14.5%) and caring professions (10.4%), alongside a higher proportion in administrative positions (10.3%).