At a Glance
Average Property Price - SY2
£295,181
41
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY2
£37,121
45
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY2
3.4%
45
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in SY2 is £295,000, which sits slightly below the national average. Ten-year price growth has averaged 3.4% annually — a pace broadly in line with the national trend. Transaction volumes have declined noticeably; the latest full year saw 256 sales against a ten-year average of 427, reflecting reduced market activity in the district.
Rent & Yield Trends
Average monthly rent in the SY postcode area stands at £754, well below the national average, reflecting the rural and provincial character of the region. Rental growth has averaged 3.5% annually over the past decade — modestly below the national pace. The flat yield has improved to 4.4%, up from a ten-year average of 3.9%, indicating a modest strengthening of rental returns in recent years.
Income & Affordability Trends
Average household income of £37,121 is slightly below the national average. The price-to-income ratio has remained essentially flat at 8.2x compared to 8.1x in 2016, suggesting that property affordability relative to local incomes has not materially shifted over the past eight years. Rental affordability has improved slightly; the rent-to-income ratio has fallen to 22% from 22.7% in 2016, indicating modest gains for tenants.
Resident Demographic Profile
The population is notably older than the national average: those aged 65 and over represent a quarter of residents, compared to just under one-fifth nationally, whilst those aged 16–24 are underrepresented at 8.6% against the national 11%. Housing tenure shows a stronger than average proportion of outright owners at 39.1% and a weaker mortgage-owning cohort at 25.3%. The employment mix is characterised by an above-average proportion in caring professions at 11.5% and a notably lower presence of plant and machine operatives at 5.8%.