At a Glance
Average Property Price - SP9
£280,206
36
National percentile
Average Monthly Rent - SP
£1,103
60
National percentile
Average Net Household Income - SP9
£7,298
1
National percentile
Flat / Maisonette Yield - SP
5.8%
63
National percentile
10-Year Annualised Price Growth - SP9
3.2%
34
National percentile
10-Year Annualised Rent Growth - SP
3.6%
32
National percentile
Property Price & Volume Trends
The latest average property price in SP9 is £280,000, which sits below the national average. Over the past decade, prices have grown at 3.2% per year — a slower pace than the national average, reflecting more modest capital appreciation in this rural market. Transaction activity has slowed recently, with 58 sales in the latest full year compared to a 10-year average of 88, suggesting a quieter market.
Rent & Yield Trends
Average monthly rent across the broader SP postcode is £1,103, slightly above the national midpoint. Rental growth has averaged 3.6% per year over the past decade — below the national trend. The flat yield currently stands at 5.8%, a meaningful uplift from the 10-year average of 4.8%, reflecting a favourable shift in the rental income backdrop.
Income & Affordability Trends
Average household net income is £7,298, placing the area among the lowest nationally. Purchase affordability has deteriorated sharply: the price-to-income ratio has widened from 5.4x in 2016 to 40.2x today, a dramatic shift that reflects how property prices have outpaced local income growth. Rental affordability has also worsened, with rent-to-income rising from 26.1% in 2016 to 30.1% currently.
Resident Demographic Profile
The population skews older and more affluent than average. Those aged 50–64 and 65+ together comprise 44.5% of residents, well above the national combined figure of 39.4%, whilst those aged 16–24 are notably underrepresented at 8% against the national average of 11.0%. Housing tenure reflects rural stability: 36.1% own outright (above the 33.7% national average) and 29.2% own with a mortgage. The employment profile is weighted towards managers (19.2% vs 13.4% nationally) and technical roles (16% vs 13.2%), whilst elementary occupations are less common at 7.9% against the national 10.2%.