At a Glance
Average Property Price - SY19
£274,925
35
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY19
£31,969
14
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY19
4.9%
88
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in SY19 is £275,000, placing it below the national average. Despite this modest price level, the area has experienced strong 10-year annualised growth of 4.9%, among the fastest nationally. However, transaction activity has slowed noticeably: only 10 sales were recorded in the latest year, compared with a 10-year annual average of 14.
Rent & Yield Trends
Average monthly rent in the broader SY area stands at £754, well below the national average. Rental growth over the past decade has been subdued at 3.5% per year, below the national pace. The current flat yield of 4.4% represents a modest improvement on the 10-year average of 3.9%, suggesting rental income has gained slightly relative to property values.
Income & Affordability Trends
Average net household income of £32,000 is well below the national average, placing the area among lower-income districts. This has weighed on affordability: the current price-to-income ratio of 9.9x has deteriorated substantially from 7.2x in 2016, reflecting price growth that has outpaced local earnings. Rental affordability has marginally improved, with the rent-to-income ratio falling from 22.7% in 2016 to 22% today.
Resident Demographic Profile
The population is significantly older than the national average, with nearly one in four residents aged 65 or over (compared to one in five nationally) and those aged 50–64 representing a quarter of the population. Conversely, young adults aged 16–24 are substantially underrepresented at just 7.5% against 11% nationally. The housing stock is heavily weighted towards outright ownership at 47.4%, well above the national norm of 33.7%, reflecting both the age profile and limited buy-to-let activity. The employment base is distinctive for its reliance on trades occupations, which account for one in five workers—nearly double the national proportion—whilst professional roles are underrepresented.