At a Glance
Average Property Price - SL2
£543,340
85
National percentile
Average Monthly Rent - SL
£1,633
87
National percentile
Average Net Household Income - SL2
£41,258
63
National percentile
Flat / Maisonette Yield - SL
4.5%
9
National percentile
10-Year Annualised Price Growth - SL2
5.1%
91
National percentile
10-Year Annualised Rent Growth - SL
4.0%
57
National percentile
Property Price & Volume Trends
The latest average property price of £543,000 places SL2 among the most expensive nationally. Over the past decade, prices have grown at 5.1% annually, which is well above the national rate. However, transaction activity has softened, with 320 sales in the latest year compared to a 10-year average of 436—a decline of around 27%.
Rent & Yield Trends
Average monthly rent in the broader SL area stands at £1,633, putting it among the most expensive nationally. Rent growth over the past decade has averaged 4.0% annually, broadly in line with the national pace. The flat yield has improved to 4.5% from a 10-year average of 3.7%, reflecting the stronger recent returns for landlords.
Income & Affordability Trends
Average net household income of £41,258 is slightly above the national median. The price-to-income ratio has widened to 12.6x from 10.5x in 2016, indicating that property has become less affordable for local buyers over this period. Rental affordability has also tightened, with rent now consuming 32.4% of income compared to 31.4% in 2016.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (23.5% vs 17.5% nationally) and of working-age adults aged 35–49 (22.9% vs 18.7%), suggesting a family-oriented demographic. Conversely, the 65+ population is markedly lower at 13.3% compared to the national average of 19.6%. Homeownership with a mortgage is slightly elevated at 30.7%, while outright ownership is below average at 26%.