At a Glance
Average Property Price - SN16
£478,479
78
National percentile
Average Monthly Rent - SN
£1,080
57
National percentile
Average Net Household Income - SN16
£48,449
85
National percentile
Flat / Maisonette Yield - SN
6.3%
90
National percentile
10-Year Annualised Price Growth - SN16
2.8%
21
National percentile
10-Year Annualised Rent Growth - SN
3.9%
52
National percentile
Property Price & Volume Trends
The latest average property price in SN16 is £478,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 2.8% annually—well below the national pace, reflecting slower capital appreciation in this corner of the market. Transaction activity has softened, with 188 sales in the latest full year compared to a 10-year average of 252 per year.
Rent & Yield Trends
Average monthly rent stands at £1,080, close to the national midpoint. Rental growth over the past decade has been steady at 3.9% annually, in line with national trends. The flat yield has risen to 6.3%, noticeably above its 10-year average of 5.1%, signalling improved rental returns in recent times.
Income & Affordability Trends
Household incomes in SN16 are notably strong, among the highest nationally at an average of £48,449. However, purchase affordability has tightened; the price-to-income ratio now stands at 9.5x, up from 8.0x in 2016, reflecting prices rising faster than earnings. Rental affordability has remained stable, with rent taking 25.2% of household income today versus 25.4% a decade ago.
Resident Demographic Profile
The population skews towards older age groups, with over 22% aged 65 and above—significantly above the national average of 19.6%—while those aged 16–24 are underrepresented at 9.2%. Owner-occupation is notably strong: 39.8% own outright and a further 29.6% own with a mortgage, together well above national norms. The workforce is heavily weighted towards managers and professionals (41.4% combined), substantially above the national average of 33.9%, while elementary occupations are notably scarce at just 6.6%.