At a Glance
Average Property Price - SR7
£156,602
3
National percentile
Average Monthly Rent - SR
£676
6
National percentile
Average Net Household Income - SR7
£33,023
19
National percentile
Flat / Maisonette Yield - SR
8.2%
100
National percentile
10-Year Annualised Price Growth - SR7
2.9%
27
National percentile
10-Year Annualised Rent Growth - SR
2.9%
5
National percentile
Property Price & Volume Trends
The latest average property price in SR7 is £157,000, placing it among the cheapest neighbourhoods nationally. Over the past decade, prices have grown at 2.9% annually, which is below the national average rate. Transaction activity has softened, with 338 sales in the latest full year compared to a 10-year average of 404, indicating a modest slowdown in market activity.
Rent & Yield Trends
Average monthly rent in the broader SR postcode area stands at £676, well below the national average. Rental growth over the past decade has been exceptionally slow at 2.9% annually—among the slowest nationally. The flat yield has improved meaningfully, rising to 8.2% from a 10-year average of 6.4%, reflecting stronger rental returns relative to property values.
Income & Affordability Trends
Average household income in SR7 is £33,023, substantially below the national average. The price-to-income ratio of 4.2x represents a meaningful improvement since 2016, when it stood at 4.7x, indicating properties have become more affordable relative to local earning power. Rental affordability has also strengthened: the rent-to-income ratio has fallen from 23.1% in 2016 to 21.6%, meaning housing costs now consume a smaller proportion of household income.
Resident Demographic Profile
The population skews slightly older than average, with those aged 50–64 accounting for 22% (compared to 20% nationally) and over-65s at 20%. The working-age population is notably younger, with 16–24-year-olds representing only 9% against a national average of 11%. Social rented housing is significantly more prevalent at 22% versus 17% nationally, reflecting the area's more deprived socioeconomic profile. Employment is more weighted towards elementary and caring roles (11% and 12% respectively) while professional occupations are underrepresented at 14% against 21% nationally.