At a Glance
Average Property Price - SY15
£280,755
37
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY15
£34,494
29
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY15
2.6%
17
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in SY15 is £281,000, placing it below the national average. Over the past decade, prices have grown at 2.6% annually—well below the national pace. Transaction activity has softened recently, with 51 sales in the latest year compared to a 10-year average of 65, suggesting a less active market.
Rent & Yield Trends
Average monthly rent in the broader SY area stands at £754, significantly below the national level. Rental growth over ten years has been modest at 3.5% annually, in line with slower growth regions. The flat yield has improved to 4.4% from a 10-year average of 3.9%, reflecting a modest uptick in rental returns.
Income & Affordability Trends
Average household income is £34,494, placing the area below the national average. The price-to-income ratio of 7.4x has improved markedly from 8.3x in 2016, signalling better purchase affordability. Rental affordability has also strengthened, with the rent-to-income ratio falling from 22.7% to 22% over the same period.
Resident Demographic Profile
The population is notably older than average: those aged 50–64 comprise 24.2% of residents (versus 19.8% nationally) and pensioners aged 65+ account for 28.4% (compared to 19.6% nationally). Home ownership is strong, with 48% owning outright—well above the national figure of 33.7%. The employment mix is distinctive for a high concentration in trades occupations at 20.5%, nearly double the national average of 10.5%, reflecting the area's rural and working character.