Property trends for SY13

    SY13 covers the Preseli area of Pembrokeshire in south-west Wales, situated inland from the Cardigan Bay coast. It is a rural district with a strong sense of community, characterised by farming heritage, woodland, and village settlements.

    At a Glance

    Average Property Price - SY13

    £290,144

    39

    National percentile

    Average Monthly Rent - SY

    £754

    17

    National percentile

    Average Net Household Income - SY13

    £36,173

    39

    National percentile

    Flat / Maisonette Yield - SY

    4.4%

    7

    National percentile

    10-Year Annualised Price Growth - SY13

    2.9%

    27

    National percentile

    10-Year Annualised Rent Growth - SY

    3.5%

    25

    National percentile

    Property Price & Volume Trends

    The latest average property price in SY13 is £290,000, placing it below the national average—among the cheaper areas nationally. Over the past decade, prices have grown by 2.9% annually, a pace well below the national average, reflecting slower market momentum in this rural region. Transaction volumes have been softer recently, with 265 sales in the latest full year compared to a 10-year average of 330, suggesting reduced activity.

    Rent & Yield Trends

    Monthly rents in the wider SY postcode area average £754, placing the area among the more affordable for tenants nationally. Rent growth over the past decade has run at 3.5% annually, below the national pace. The flat yield currently stands at 4.4%, an improvement on the 10-year average of 3.9%, indicating strengthening returns for buy-to-let investors in recent times.

    Income & Affordability Trends

    Average net household income is £36,173, slightly below the national average. The price-to-income ratio of 7.9x suggests that purchasing has become less affordable since 2016, when the ratio stood at 7.2x. Rental affordability has improved modestly: the rent-to-income ratio has fallen from 22.7% in 2016 to 22% today, easing pressure on tenant budgets.

    Resident Demographic Profile

    The population skews notably older, with those aged 50–64 and 65+ together accounting for nearly half the area, compared to just under 40% nationally. Young adults aged 16–24 are significantly underrepresented. Home ownership is strong: 43% own outright, well above the national average of 34%, while social rented housing is less common at 11%. The employment profile reflects the rural character, with a larger-than-average share in trades (14.4% vs 10.5% nationally) and fewer professionals (15.6% vs 20.5%).

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