At a Glance
Average Property Price - SY1
£247,180
27
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY1
£36,911
43
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY1
3.6%
50
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price of £247,000 sits well below the national average, placing it among the cheaper quarters of the UK market. Over the past decade, prices have grown at 3.6% annually—a pace broadly in line with the national trend. Transaction activity has slowed: last year saw 341 sales against a 10-year average of 434, suggesting a moderately quieter market.
Rent & Yield Trends
Monthly rents average £754, placing the area in the cheapest quarter nationally. Rental growth over ten years has been modest at 3.5% annually, also below the national pace. Yields have improved: the current flat yield of 4.4% is above its 10-year average of 3.9%, indicating strengthening returns for landlords.
Income & Affordability Trends
Average household income of £37,000 is slightly below the national median. The price-to-income ratio of 6.2x has improved since 2016 (when it stood at 6.5x), signalling that affordability for buyers has modestly strengthened. Rental affordability has also improved: the rent-to-income ratio has fallen from 22.7% to 22%, easing pressure on tenants.
Resident Demographic Profile
The population is notably older than average, with over a fifth aged 65 or above compared to a national average of 19.6%. The under-15 age group is correspondingly below average at 15.5%. Young adults aged 16–24 are also less prevalent. In terms of housing tenure, private rented occupation is significantly higher than the national norm at 26.4%, whilst mortgage ownership is notably lower at 23.6%. Employment is weighted towards caring roles (10.3%), which are more common than the national average, and elementary occupations at 11.3%.
