At a Glance
Average Property Price - SY11
£259,907
30
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY11
£35,677
36
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY11
4.5%
79
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in SY11 is £260,000, placing it below the national average and among the cheaper districts overall. Over the past decade, prices have grown at 4.5% annually—a notably strong performance that ranks among the fastest-growing areas nationally. Transaction volumes have slowed in the latest year, with 356 sales against a 10-year average of 425 per year, reflecting a recent dip in market activity.
Rent & Yield Trends
Average monthly rents in the SY postcode area stand at £754, well below the national average and among the least expensive regions for tenants. Rent growth over the past decade has been modest at 3.5% annually, lagging national growth rates. The flat yield has risen to 4.4%, up from a 10-year average of 3.9%, indicating that rental returns have improved and are now trending upwards.
Income & Affordability Trends
Average household income is £35,677, somewhat below the national average. The price-to-income ratio of 6.7x has worsened since 2016 (when it stood at 6.0x), suggesting that property affordability for purchasers has deteriorated over this period. Rental affordability, however, has improved slightly: the rent-to-income ratio has edged down from 22.7% to 22%, making renting fractionally more manageable relative to earnings.
Resident Demographic Profile
The population skews notably older, with over-50s making up 45.8% compared to a national average of 39.4%, and those aged 65 and over at 23.5% versus 19.6% nationally. Outright home ownership is strong at 39.1%, well above the national 33.7%, reflecting the older demographic profile. The employment mix shows a higher proportion in trades (13.9% against 10.5% nationally) and caring professions (11.6% versus 9.2%), while professional employment is below average at 15.2%.