At a Glance
Average Property Price - SP11
£404,338
68
National percentile
Average Monthly Rent - SP
£1,103
60
National percentile
Average Net Household Income - SP11
£32,243
15
National percentile
Flat / Maisonette Yield - SP
5.8%
63
National percentile
10-Year Annualised Price Growth - SP11
3.0%
30
National percentile
10-Year Annualised Rent Growth - SP
3.6%
32
National percentile
Property Price & Volume Trends
The average property price in SP11 is £404,000, positioning it in the upper half of the national market. Over the past decade, prices have grown at 3.0% annually, which is below the national average rate of growth. Transaction volumes have fallen significantly, with 450 sales in the latest year compared to a 10-year average of 657 annually, reflecting a notably quieter market.
Rent & Yield Trends
Average monthly rent in the broader SP postcode area stands at £1,103, slightly above the national midpoint. Rent growth over the past decade has averaged 3.6% per year, modestly below the national pace. The flat yield has improved to 5.8% in the latest year from a 10-year average of 4.8%, suggesting rental income has become more attractive relative to property values.
Income & Affordability Trends
Average net household income in SP11 is £32,243, well below the national average and among the lowest nationally. The price-to-income ratio has deteriorated sharply from 7.7x in 2016 to 13.4x today, indicating that property prices have significantly outpaced income growth and affordability for buyers has worsened substantially. Rental affordability has also declined, with the rent-to-income ratio rising from 26.1% to 30.1% over the same period, placing renters under greater financial pressure.
Resident Demographic Profile
SP11 has a notably older population profile, with 22.5% aged 65 and above—well above the national average of 19.6%—and 22.7% aged 50–64 compared to 19.8% nationally. Conversely, young adults aged 16–24 are significantly underrepresented at 8.1% against the national 11.0%. Housing tenure reflects strong owner-occupation: 38.1% own outright (above the 33.7% national average) and 31.5% own with a mortgage. The employment profile is weighted towards managers and professionals, who together account for over one-third of the workforce, with relatively low representation in elementary roles.