At a Glance
Average Property Price - SN11
£323,278
49
National percentile
Average Monthly Rent - SN
£1,080
57
National percentile
Average Net Household Income - SN11
£44,484
74
National percentile
Flat / Maisonette Yield - SN
6.3%
90
National percentile
10-Year Annualised Price Growth - SN11
4.0%
66
National percentile
10-Year Annualised Rent Growth - SN
3.9%
52
National percentile
Property Price & Volume Trends
The average property price of £323,000 sits close to the national median, placing it squarely in the middle of the market. Over the past decade, prices have grown by 4.0% annually—a pace notably above the national average, demonstrating steady and consistent appreciation. Transaction volume has eased recently, with 397 sales in the latest year compared to a 10-year average of 462, though this remains within normal seasonal variation.
Rent & Yield Trends
Average monthly rent of £1,080 sits slightly above the national median, reflecting moderate demand in the rental sector. Rent growth over the past decade has matched the national pace at 3.9% annually, indicating stable lettings conditions. The flat yield currently stands at 6.3%, up meaningfully from its 10-year average of 5.1%, signalling improving returns for buy-to-let investors in recent years.
Income & Affordability Trends
Average household income of £44,484 is notably above the national average, placing the area among higher-earning districts. Purchase affordability has tightened slightly; the current price-to-income ratio of 7.2x represents a modest rise from 6.9x in 2016, though it remains reasonable relative to many UK areas. Rental affordability has marginally improved, with the rent-to-income ratio declining from 25.4% in 2016 to 25.2% today, suggesting rents have kept pace with wage growth.
Resident Demographic Profile
The population skews notably older than average, with those aged 50–64 making up 22.1% (compared to 19.8% nationally) and 65+ at 19.8% (level with the national figure). Conversely, young adults aged 16–24 are underrepresented at 9.5% versus 11.0% nationally. The housing tenure profile is distinctive: mortgage ownership is significantly above average at 35.1% versus 27.0% nationally, while private renting is notably lower at 14.1% against 21.7%. The employment mix leans towards trades and technical occupations, which together account for 26.5% of the workforce against a national average of 23.7%.