At a Glance
Average Property Price - SO51
£466,981
77
National percentile
Average Monthly Rent - SO
£1,254
67
National percentile
Average Net Household Income - SO51
£44,711
75
National percentile
Flat / Maisonette Yield - SO
5.9%
66
National percentile
10-Year Annualised Price Growth - SO51
2.7%
19
National percentile
10-Year Annualised Rent Growth - SO
3.8%
44
National percentile
Property Price & Volume Trends
The latest average property price in SO51 is £467,000, placing it among the most expensive nationally. However, 10-year annualised price growth has been modest at 2.7%, well below the national pace of appreciation. Transaction activity has softened: 426 sales were recorded in the latest full year, notably below the 10-year average of 537 annually.
Rent & Yield Trends
Average monthly rent in the broader SO postcode area stands at £1,254, slightly above the national midpoint. Rental growth over the past decade has been moderate at 3.8% per year, in line with national trends. The flat yield has improved to 5.9%, meaningfully above the 10-year average of 4.8%, reflecting the tighter gap between rents and capital values.
Income & Affordability Trends
Average net household income is £44,711, placing the area well above the national average. However, affordability has deteriorated: the price-to-income ratio has risen from 9.5x in 2016 to 10.6x today, signalling that properties have become harder to purchase relative to local earnings. Rental affordability has similarly worsened, with the rent-to-income ratio climbing from 28.4% to 29.9% over the same period.
Resident Demographic Profile
The population skews notably older: residents aged 65 and over make up 28.5%, more than eight percentage points above the national average, whilst those aged 16–24 represent just 7.3%, well below the typical 11%. Housing tenure is distinctly weighted towards outright ownership at 44.1%, compared to the national 33.7%, with private rental and social rented housing both underrepresented. The employment profile is tilted toward professionals (24.7%) and managers (16.2%), both significantly above national norms, whilst elementary and plant/machine roles are substantially less common.