At a Glance
Average Property Price - ST15
£273,025
34
National percentile
Average Monthly Rent - ST
£772
18
National percentile
Average Net Household Income - ST15
£40,640
61
National percentile
Flat / Maisonette Yield - ST
6.2%
86
National percentile
10-Year Annualised Price Growth - ST15
2.1%
10
National percentile
10-Year Annualised Rent Growth - ST
4.1%
59
National percentile
Property Price & Volume Trends
The latest average property price in ST15 is £273,000, placing it below the national average. Over the past decade, prices have grown by 2.1% annually—among the slowest-growing areas nationally. Transaction activity has softened, with 293 sales in the latest full year compared to an average of 406 over the previous ten years, reflecting a decline in market momentum.
Rent & Yield Trends
Average monthly rent in the ST postcode area stands at £772, well below the national average. Rental growth has been healthy, rising 4.1% annually—broadly in line with the national pace. The flat yield has improved to 6.2%, up from a 10-year average of 5.2%, reflecting better income returns for landlords despite softer capital appreciation.
Income & Affordability Trends
Average net household income of £40,640 is slightly above the national midpoint. The price-to-income ratio of 7.1x has improved marginally since 2016 (7.2x), indicating a modest easing of purchase affordability. Rental affordability has also strengthened over the same period, with rent-to-income falling from 22.1% to 21.3%, suggesting housing costs have become slightly more manageable.
Resident Demographic Profile
The population skews notably older than the national average, with 24.4% aged 65 and over compared to 19.6% nationally, and a correspondingly smaller proportion of young adults aged 16–24 at 7.9%. Ownership patterns are strongly weighted toward outright ownership at 41.1%, well above the national 33.7%, while private rental is below average at 15.5%. The employment base is professional-heavy at 22.7%, with managers also overrepresented at 15.9%, reflecting a more established, skills-oriented workforce.