At a Glance
Average Property Price - SP5
£514,615
82
National percentile
Average Monthly Rent - SP
£1,103
60
National percentile
Average Net Household Income - SP5
£46,121
79
National percentile
Flat / Maisonette Yield - SP
5.8%
63
National percentile
10-Year Annualised Price Growth - SP5
2.1%
10
National percentile
10-Year Annualised Rent Growth - SP
3.6%
32
National percentile
Property Price & Volume Trends
The latest average property price in SP5 is £515,000, placing it among the most expensive nationally. However, the district has experienced notably slow price growth over the past decade, with annualised gains of just 2.1%—well below the national average. Transaction activity has eased recently, with 238 sales in the latest full year compared to a 10-year average of 288, indicating a softer market.
Rent & Yield Trends
Average monthly rent in the broader SP postcode stands at £1,103, slightly above the national midpoint. Rental growth over the past decade has been modest at 3.6% annually, lagging the national pace. Yields have improved meaningfully, however: the current flat yield of 5.8% sits notably above the 10-year average of 4.8%, reflecting the stronger rental income relative to capital values.
Income & Affordability Trends
Average household income of £46,121 places SP5 well above the national average, in the upper-income bracket nationally. Despite strong incomes, purchase affordability has deteriorated: the price-to-income ratio has risen from 11.3x in 2016 to 12.6x today, signalling that property prices have outpaced wage growth. Rental affordability has also compressed, with rent-to-income rising from 26.1% to 30.1% over the same period.
Resident Demographic Profile
SP5 has a notably older population: over a quarter are aged 65 and above, and those aged 50–64 account for nearly a quarter, both well above national averages. Conversely, young adults aged 16–24 are significantly underrepresented at 7.6% versus 11.0% nationally. Housing tenure is heavily weighted toward ownership, with 42.8% owning outright (well above the 33.7% national average) and private rental much lower at 16.1%. The employment profile leans toward professional and managerial roles, which together account for nearly 40% of the workforce, notably higher than the national combined figure of around 34%.