At a Glance
Average Property Price - SY20
£216,093
17
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY20
£33,305
21
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY20
3.8%
59
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The latest average property price in SY20 is £216,000, placing it well below the national average and among the most affordable districts nationally. Over the past decade, prices have risen at 3.8% annually, broadly in line with national growth rates. Transaction volumes have slowed notably; the area recorded 59 sales in the latest year, compared to an average of 101 over the previous ten years—a marked decline that may reflect lower market turnover.
Rent & Yield Trends
Average monthly rent stands at £754, significantly below the national average and among the lowest nationally. Rental growth has been modest at 3.5% annually, slower than the national pace. The flat yield currently sits at 4.4%, above its ten-year average of 3.9%, suggesting rental returns have improved and are trending favourably for buy-to-let investors.
Income & Affordability Trends
Average net household income is £33,305, notably below the national median and among the lower-income areas nationally. The price-to-income ratio has deteriorated slightly from 6.6x in 2016 to 7.0x today, indicating homes have become less affordable relative to local earnings. Rental affordability has improved modestly; the rent-to-income ratio has fallen from 22.7% to 22%, easing the burden on tenants.
Resident Demographic Profile
The population skews significantly older than the national average, with those aged 50–64 representing nearly a quarter and those 65+ almost 27%—both well above national norms. Conversely, the 16–24 age group is notably underrepresented at just 7.4%. The area is characterised by high owner-occupation (49.2% own outright, against 33.7% nationally) and a strong trades workforce at 21%, nearly double the national share, reflecting the area's rural and semi-rural economy.