At a Glance
Average Property Price - ST8
£229,359
21
National percentile
Average Monthly Rent - ST
£772
18
National percentile
Average Net Household Income - ST8
£35,390
34
National percentile
Flat / Maisonette Yield - ST
6.2%
86
National percentile
10-Year Annualised Price Growth - ST8
3.9%
63
National percentile
10-Year Annualised Rent Growth - ST
4.1%
59
National percentile
Property Price & Volume Trends
The average property price in ST8 is £229,000, placing it below the national average and among the cheaper areas nationally. Over the past decade, prices have grown by 3.9% annually—a pace slightly above the UK average. Transaction activity has been relatively stable, with 288 sales recorded in the latest full year compared to a 10-year average of 301, suggesting modest but consistent demand.
Rent & Yield Trends
The average monthly rent in the broader ST postcode area is £772, which is well below the national average. Rental growth has averaged 4.1% per year over the past decade, in line with UK trends. The flat yield currently stands at 6.2%, notably higher than its 10-year average of 5.2%, reflecting improved returns for landlords in recent years.
Income & Affordability Trends
Average household income in ST8 is £35,390, which is below the national average. The price-to-income ratio now stands at 6.1x, having risen slightly from 5.9x in 2016, indicating that affordability has edged marginally tighter. Rental affordability has improved: the rent-to-income ratio has fallen from 22.1% in 2016 to 21.3% today.
Resident Demographic Profile
The population is notably older than the national average, with over a quarter aged 65 or above (compared to under one-fifth nationally) and over a fifth aged 50–64 (against a national fifth). Conversely, young adults aged 16–24 are underrepresented at 8.2% versus the national 11%. Housing is dominated by outright ownership at 44.8%—well above the national 33.7%—while private and social renting are both below average. Employment is skewed towards trades at 14.1% and caring professions at 11.5%, reflecting an older demographic, whilst professional workers are underrepresented at 16% against the national 20.5%.