Property trends for SS13

    SS13 covers parts of South Essex, situated along the Thames estuary with close proximity to London. The district offers a mix of residential communities with strong appeal to families and those seeking more affordable entry to the property market.

    At a Glance

    Average Property Price - SS13

    £320,821

    49

    National percentile

    Average Monthly Rent - SS

    £1,301

    70

    National percentile

    Average Net Household Income - SS13

    £37,639

    47

    National percentile

    Flat / Maisonette Yield - SS

    5.6%

    49

    National percentile

    10-Year Annualised Price Growth - SS13

    5.3%

    92

    National percentile

    10-Year Annualised Rent Growth - SS

    3.9%

    53

    National percentile

    Property Price & Volume Trends

    The average property price in SS13 stands at £321,000, close to the national midpoint. Over the past decade, the area has recorded annualised price growth of 5.3%, placing it among the strongest performers nationally. Transaction volumes have eased to 193 sales in the latest full year, down from a 10-year average of 245 annually.

    Rent & Yield Trends

    Average monthly rents in the SS postcode area (of which SS13 forms part) sit at £1,301, placing them above the national average. Ten-year rent growth has averaged 3.9% annually, roughly in line with the national pace. The current flat yield of 5.6% represents a meaningful uplift from the 10-year average of 4.9%, signalling improved returns for landlords.

    Income & Affordability Trends

    Average net household income of £38,000 is slightly below the national average. The purchase price-to-income ratio of 8.0x has deteriorated since 2016 (when it stood at 7.0x), indicating that homes have become less affordable relative to earnings over this period. Rental affordability has similarly weakened, with the rent-to-income ratio rising from 30.9% to 34.3% in the same timeframe.

    Resident Demographic Profile

    The population skews slightly younger than national norms, with 21.1% aged under 15 compared to 17.5% nationally. Social rented housing is markedly prevalent at 30.9% of tenure, nearly double the national average of 16.5%, while outright ownership is correspondingly lower at 23.2%. The employment profile reflects a stronger presence of trades workers (12.8% vs 10.5% nationally) and elementary occupations (14.3% vs 10.2%), alongside fewer professionals in the resident workforce.

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