At a Glance
Average Property Price - SK5
£227,770
20
National percentile
Average Monthly Rent - SK
£989
49
National percentile
Average Net Household Income - SK5
£32,512
16
National percentile
Flat / Maisonette Yield - SK
5.1%
25
National percentile
10-Year Annualised Price Growth - SK5
6.2%
97
National percentile
10-Year Annualised Rent Growth - SK
4.6%
85
National percentile
Property Price & Volume Trends
The latest average property price in SK5 is £228,000, placing it in the lower fifth of the national market. Over the past decade, the area has experienced annualised price growth of 6.2%—among the fastest-growing in the country. Transaction volume over the latest full year was 384 sales, slightly below the ten-year average of 421 per year.
Rent & Yield Trends
Average monthly rent in the broader SK postcode area stands at £989, close to the national median. Rents have grown by 4.6% annually over ten years, significantly faster than the national pace. The flat yield has risen to 5.1%, up from a ten-year average of 4.3%, reflecting a strengthening investment picture.
Income & Affordability Trends
Average net household income in SK5 is £32,512, well below the national average. The price-to-income ratio currently stands at 6.6x, a notable increase from 5.2x in 2016, indicating purchase affordability has tightened considerably. Rental affordability has also worsened: the rent-to-income ratio has risen from 25.1% to 26.2% over the same period.
Resident Demographic Profile
The area has a noticeably higher proportion of children under 15 (20.2% vs 17.5% nationally) and a slightly elevated 25–34 age group (16.8% vs 13.4%), suggesting a family-oriented profile. Social rented housing is significantly above average at 24.5% compared to 16.5% nationally, while outright ownership is below average at 24.6%. The employment mix is distinctive, with fewer professionals (17.3% vs 20.5%) and managers (9.2% vs 13.4%), but elevated representation in caring (10.9% vs 9.2%), administrative (10.7% vs 9.0%), and sales roles (10.2% vs 7.3%).