At a Glance
Average Property Price - SK9
£558,306
87
National percentile
Average Monthly Rent - SK
£989
49
National percentile
Average Net Household Income - SK9
£45,918
78
National percentile
Flat / Maisonette Yield - SK
5.1%
25
National percentile
10-Year Annualised Price Growth - SK9
3.6%
50
National percentile
10-Year Annualised Rent Growth - SK
4.6%
85
National percentile
Property Price & Volume Trends
The average property price in SK9 is £558,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.6% per year, which is close to the national average pace. Transaction activity has softened: 662 sales were recorded in the latest full year, down from an average of 788 per year over the preceding decade.
Rent & Yield Trends
Average monthly rent in the broader SK area stands at £989, close to the national midpoint. Rental growth over the past ten years has been strong at 4.6% annually, well above the national average, reflecting sustained demand in the region. The current flat yield of 5.1% is notably higher than the ten-year average of 4.3%, indicating an improving return for landlords.
Income & Affordability Trends
Average net household income of £46,000 sits well above the national average. The price-to-income ratio of 11.9x has risen since 2016 (when it stood at 10.5x), signalling that property has become less affordable relative to earnings. Rental affordability has similarly tightened: the rent-to-income ratio has moved from 25.1% to 26.2%, placing modest pressure on tenant budgets.
Resident Demographic Profile
The population skews older and more affluent than the national profile. Those aged 65 and over make up 23.1%—substantially higher than the 19.6% national average—while the 16–24 age group at 7.9% is notably underrepresented. Housing tenure reflects strong owner-occupation: 39.9% own outright and 31.8% own with a mortgage, both well above national norms. The employment mix is heavily weighted towards senior roles: managers and professionals together account for over half the workforce, far exceeding national proportions, whilst trades and elementary occupations are significantly underrepresented.