At a Glance
Average Property Price - ST1
£139,740
2
National percentile
Average Monthly Rent - ST
£772
18
National percentile
Average Net Household Income - ST1
£29,339
6
National percentile
Flat / Maisonette Yield - ST
6.2%
86
National percentile
10-Year Annualised Price Growth - ST1
3.9%
64
National percentile
10-Year Annualised Rent Growth - ST
4.1%
59
National percentile
Property Price & Volume Trends
The average property price in ST1 is £140,000, placing it among the cheapest nationally. Over the past decade, prices have grown at 3.9% annually—slightly above the national average rate. Transaction activity has moderated recently, with 297 sales in the latest full year compared to a 10-year average of 441, reflecting reduced market throughput.
Rent & Yield Trends
Average monthly rent across the ST postcode is £772, well below the national average. Rental growth has been solid at 4.1% annually over ten years, broadly in line with the national trend. The flat yield currently stands at 6.2%, notably higher than its 10-year average of 5.2%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income is £29,339, substantially below the national average and among the lowest nationally. The price-to-income ratio of 4.3x has improved modestly since 2016 (when it was 4.5x), suggesting slightly better purchasing power for owner-occupiers. Rental affordability has also improved: the rent-to-income ratio has fallen from 22.1% to 21.3%, easing pressure on tenants.
Resident Demographic Profile
The population skews younger and towards rental tenure compared to national norms. Those aged 16–24 make up 18.6% (well above the 11.0% national average), while the 50–64 age group is notably underrepresented at 13.6%. Private rental housing dominates at 35.2%—significantly higher than the 21.7% national average—while outright ownership is lower at 20.5%. The employment profile is heavily weighted towards elementary occupations (20.3% versus 10.2% nationally) and plant/machine roles (13.5% versus 6.6%), reflecting the area's industrial heritage and labour market.