At a Glance
Average Property Price - ST16
£239,589
24
National percentile
Average Monthly Rent - ST
£772
18
National percentile
Average Net Household Income - ST16
£38,895
53
National percentile
Flat / Maisonette Yield - ST
6.2%
86
National percentile
10-Year Annualised Price Growth - ST16
3.9%
61
National percentile
10-Year Annualised Rent Growth - ST
4.1%
59
National percentile
Property Price & Volume Trends
The latest average property price in ST16 is £240,000, placing it below the national average. Over the past decade, prices have grown at 3.9% annually — a rate close to the national median, indicating steady but unremarkable capital appreciation. Transaction activity has softened recently, with 406 sales in the latest full year compared to a 10-year average of 608 annually, suggesting a tighter market.
Rent & Yield Trends
Average monthly rent across the broader ST postcode area stands at £772, well below the national average. Rental growth over the past decade has been modest at 4.1% annually, in line with national trends. The flat yield has improved to 6.2%, up from a 10-year average of 5.2%, reflecting a more attractive rental return for investors.
Income & Affordability Trends
Average household income in ST16 is £38,895, close to the national average. Purchase affordability has deteriorated slightly: the price-to-income ratio now stands at 6.0x, compared to 5.7x in 2016, indicating that homes have become less affordable relative to earnings. Rental affordability has improved modestly: the rent-to-income ratio has fallen to 21.3% from 22.1% in 2016, suggesting lower rental burden for tenants.
Resident Demographic Profile
The age profile is notably older than the national average, with those aged 50–64 representing 20.2% and 65+ at 19.6%, while the 16–24 age group is underrepresented at 8.9%. Housing tenure reflects a higher proportion in private rental (24.1% versus the national 21.7%), driven partly by a younger working-age demographic. The employment mix leans towards technical roles (14.8% versus 13.2% nationally) and professionals (21.2%), whilst elementary occupations are above average at 12.3%.