At a Glance
Average Property Price - SY17
£283,974
38
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY17
£31,888
13
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY17
5.5%
94
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in SY17 is £284,000, which sits below the national average. Over the past decade, the area has seen annualised price growth of 5.5%, placing it among the fastest-growing postcode districts nationally. Transaction activity has moderated in the latest year, with 36 sales recorded against a 10-year average of 51 per year.
Rent & Yield Trends
Average monthly rent in the broader SY postcode area is £754, which is significantly below the national average. Rental growth over the past decade has been below-average at 3.5% per year. The current flat yield of 4.4% has improved from its 10-year average of 3.9%, reflecting stronger investor returns in recent times.
Income & Affordability Trends
Average household income in SY17 is £31,888, well below the national average. Affordability for purchasers has deteriorated: the price-to-income ratio stands at 8.9x, up from 7.7x in 2016, indicating that property has become less accessible relative to local earnings. Rental affordability has improved modestly, with the rent-to-income ratio falling from 22.7% in 2016 to 22% today.
Resident Demographic Profile
The population is notably older than the national profile, with over a quarter aged 65 and above (compared to 19.6% nationally) and nearly a quarter aged 50–64 (against 19.8% nationally). Housing is dominated by outright ownership at 49.3%, nearly 15 percentage points above the national average. The employment base is heavily weighted towards trades at 22.6%, more than double the national rate, reflecting the rural and agricultural character of the area.