At a Glance
Average Property Price - SN15
£360,868
59
National percentile
Average Monthly Rent - SN
£1,080
57
National percentile
Average Net Household Income - SN15
£43,327
71
National percentile
Flat / Maisonette Yield - SN
6.3%
90
National percentile
10-Year Annualised Price Growth - SN15
3.3%
41
National percentile
10-Year Annualised Rent Growth - SN
3.9%
52
National percentile
Property Price & Volume Trends
The latest average property price in SN15 is £361,000, placing it slightly above the national midpoint. Over the past decade, prices have grown at 3.3% annually, a pace below the national average. Transaction activity has eased to 500 sales in the latest year, down from a 10-year annual average of 608, suggesting a quieter market than its historical norm.
Rent & Yield Trends
Average monthly rent in the broader SN postcode area stands at £1,080, close to the national mid-point. Rental growth has averaged 3.9% annually over ten years, marginally above the national trend. The flat yield has improved notably to 6.3%, up from a 10-year average of 5.1%, indicating strengthening returns for landlords.
Income & Affordability Trends
Average household income of £43,327 places the area above the national average. Purchase affordability has deteriorated: the price-to-income ratio has risen from 7.6x in 2016 to 8.7x today, making homes harder to access relative to earnings. Rental affordability has remained essentially stable, with rent-to-income holding at around 25% of household income.
Resident Demographic Profile
The area skews noticeably older than the national average, with over-50s making up 43% of the population compared to 39% nationally, while the under-15s proportion is slightly below average at 16.5%. Owner-occupation is above average at 67% (outright and mortgaged combined), reflecting the area's mature and settled character. The employment profile shows above-average representation in technical and managerial roles, with notably fewer people in elementary occupations than nationally.