At a Glance
Average Property Price - SN1
£266,517
33
National percentile
Average Monthly Rent - SN
£1,080
57
National percentile
Average Net Household Income - SN1
£40,528
60
National percentile
Flat / Maisonette Yield - SN
6.3%
90
National percentile
10-Year Annualised Price Growth - SN1
4.1%
70
National percentile
10-Year Annualised Rent Growth - SN
3.9%
52
National percentile
Property Price & Volume Trends
The average property price in SN1 is £267,000, placing it below the national average. Over the past decade, prices have grown at 4.1% annually—a notably stronger performance than most of the country. Transaction volumes have declined significantly, with 426 sales in the latest year compared to a 10-year average of 610, suggesting reduced market activity.
Rent & Yield Trends
Average monthly rent in the SN postcode area stands at £1,080, close to the national median. Rental growth over the past decade has been in line with national trends at 3.9% annually. The flat yield has strengthened to 6.3% in the latest year, well above its 10-year average of 5.1%, reflecting improved returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £40,528 is slightly above the national average. Purchase affordability has deteriorated: the price-to-income ratio has risen from 5.9x in 2016 to 6.8x today, making properties harder to buy relative to earnings. Rental affordability has remained stable, with rent-to-income ratios holding steady at around 25%.
Resident Demographic Profile
The population skews notably towards working-age adults: the 25–34 and 35–49 age groups are both significantly over-represented compared to national averages. The 65+ population is considerably younger than the national norm. Housing tenure is dominated by private renting at 36.5%—well above the national average of 21.7%—while outright ownership is substantially lower at 23%. The employment profile is distinctive for a high concentration in elementary occupations (20%) and plant/machine roles (9.4%), while managerial positions are notably underrepresented.