At a Glance
Average Property Price - SM4
£497,554
80
National percentile
Average Monthly Rent - SM
£1,615
87
National percentile
Average Net Household Income - SM4
£50,258
89
National percentile
Flat / Maisonette Yield - SM
5.8%
64
National percentile
10-Year Annualised Price Growth - SM4
3.0%
30
National percentile
10-Year Annualised Rent Growth - SM
3.6%
39
National percentile
Property Price & Volume Trends
Properties in SM4 are among the most expensive nationally, with an average price of £498,000. However, the area has experienced below-average growth over the past decade, appreciating at 3.0% annually compared to stronger national performance. Transaction activity has moderated, with 274 sales in the latest year against a 10-year average of 355 annually.
Rent & Yield Trends
Average monthly rents of £1,615 sit among the highest nationally. Rental growth over ten years has been modest at 3.6% annually, below the national pace. The flat yield has strengthened to 5.8%, materially higher than its 10-year average of 4.7%, reflecting improved returns for rental investors.
Income & Affordability Trends
Average household income of £50,258 places the area among the most affluent nationally. The price-to-income ratio of 9.6x has improved markedly from 10.7x in 2016, indicating better value despite high prices. Rental affordability has also improved substantially, with rent-to-income falling from 34.3% to 30.4%, showing that rental costs have grown more slowly than incomes.
Resident Demographic Profile
The area skews notably towards families and middle-aged residents, with over-35s comprising 55.3% of the population and those under 15 accounting for 20.4%, both above national averages. The 35–49 age group is particularly strong at 23%. Housing tenure is relatively balanced, though owner-occupancy (with mortgage) is above average at 31.1% while outright ownership is below average at 25.1%. The employment profile is broadly similar to national patterns, with no major sectoral skews beyond a slight deficit in elementary roles.