At a Glance
Average Property Price - SY16
£250,907
28
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY16
£30,739
10
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY16
5.1%
90
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in SY16 is £251,000, placing it below the national average. Over the past decade, prices have grown at 5.1% annually—among the strongest growth rates nationally. Transaction activity has softened recently, with 164 sales in the latest year compared to an average of 197 over the previous decade.
Rent & Yield Trends
Average monthly rent across the broader SY postcode area is £754, well below the national average. Rental growth over ten years has been modest at 3.5% annually, below the national pace. The flat yield currently stands at 4.4%, up from a ten-year average of 3.9%, reflecting improving returns for landlords in recent times.
Income & Affordability Trends
Average net household income is £30,739, significantly below the national average. The price-to-income ratio now stands at 7.3x, having risen from 6.5x in 2016, indicating that property has become less affordable relative to earnings over this period. Rental affordability has improved slightly: the rent-to-income ratio has eased from 22.7% to 22%, though renters still dedicate a substantial share of income to housing costs.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 and above compared to under one-fifth nationally, and those aged 50–64 also significantly overrepresented. Outright ownership is well above average at 40%, while social rented housing accounts for a larger share than the national norm at 20%. The employment mix is skewed towards trades workers at 17.6%—well above the 10.5% national average—reflecting the rural and agricultural character of the area.