At a Glance
Average Property Price - ST18
£378,837
63
National percentile
Average Monthly Rent - ST
£772
18
National percentile
Average Net Household Income - ST18
£40,723
61
National percentile
Flat / Maisonette Yield - ST
6.2%
86
National percentile
10-Year Annualised Price Growth - ST18
4.0%
65
National percentile
10-Year Annualised Rent Growth - ST
4.1%
59
National percentile
Property Price & Volume Trends
The average property price in ST18 is £379,000, placing it slightly above the national midpoint. Over the past decade, prices have grown at 4.0% annually—broadly in line with the wider UK trend. Transaction activity has eased notably, with 211 sales recorded in the latest full year compared to an average of 306 over the preceding ten years.
Rent & Yield Trends
Average monthly rent across the broader ST postcode area stands at £772, placing it well below the national average. Rents have grown at 4.1% per year over the past decade, matching the pace of national rental growth. The flat yield has strengthened to 6.2% in the latest year, up from a ten-year average of 5.2%, reflecting improving returns for landlords.
Income & Affordability Trends
Average household income in ST18 is £40,723, slightly above the national midpoint. The price-to-income ratio of 9.1x has risen since 2016 (when it stood at 8.4x), indicating that property has become less affordable relative to earnings. By contrast, rental affordability has improved: the rent-to-income ratio has fallen to 21.3% from 22.1% in 2016.
Resident Demographic Profile
ST18 has a notably older population profile. Those aged 50–64 represent 23.4% of residents—substantially above the national average of 19.8%—and pensioners (65+) account for 26.3%, compared to 19.6% nationally. Younger age groups are correspondingly underrepresented: the 16–24 age bracket comprises just 7.7% against a national norm of 11.0%. Housing tenure is heavily weighted towards outright ownership at 47.1%, well above the national 33.7%, while private renting is sparse at 11.3%. Employment is skewed towards professional and managerial roles, which together account for 39.2% of the workforce versus 33.9% nationally.