At a Glance
Average Property Price - SW16
£539,923
85
National percentile
Average Monthly Rent - SW
£2,731
97
National percentile
Average Net Household Income - SW16
£53,026
93
National percentile
Flat / Maisonette Yield - SW
4.2%
4
National percentile
10-Year Annualised Price Growth - SW16
2.3%
13
National percentile
10-Year Annualised Rent Growth - SW
3.2%
11
National percentile
Property Price & Volume Trends
The average property price of £540,000 places SW16 among the most expensive areas nationally. However, 10-year annualised growth of 2.3% has been significantly slower than the national average, reflecting more modest capital appreciation over the decade. Transaction volume in the latest year stood at 800 sales, down from a 10-year average of 930, suggesting a softening in market activity.
Rent & Yield Trends
Rents in the broader SW postcode area average £2,731 per month, placing it among the most expensive rental markets nationally. Rental growth over the past decade has lagged behind the national pace at 3.2% annualised. The flat yield of 4.2% is notably higher than its 10-year average of 3.0%, indicating improving returns for landlords as rental demand has strengthened relative to property valuations.
Income & Affordability Trends
Average household income of £53,026 is well above the national average, placing the area among the highest-earning neighbourhoods in the UK. Purchase affordability has improved: the price-to-income ratio has fallen from 11.8x in 2016 to 10.5x today, suggesting property has become somewhat more accessible relative to local earnings. Rental affordability has also improved, with the rent-to-income ratio declining from 53.4% in 2016 to 50.1%, easing rental cost burden for tenants.
Resident Demographic Profile
SW16 has a notably youthful and professional population. Young adults aged 25–34 account for 21.2% (well above the national 13.4%), whilst those aged 35–49 represent 24.5% (above the national 18.7%), reflecting a concentration of working-age professionals. Private renting is dominant at 35.6% compared to the national 21.7%, and only 19.2% own outright against a national 33.7%, underscoring the area's transient, rented character. Professionals make up 26.2% of the workforce, nearly 6 percentage points above the national average, alongside elevated shares of managers and technical workers.