At a Glance
Average Property Price - SY21
£249,756
27
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY21
£32,238
15
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY21
3.6%
52
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in SY21 is £250,000, placing it below the national average and among the cheaper postcodes nationally. Over the past decade, prices have grown at 3.6% annually—broadly in line with the national trend. Transaction activity has softened recently, with 165 sales in the latest full year compared to a 10-year average of 194, reflecting a moderately quieter market.
Rent & Yield Trends
Average monthly rent across the broader SY postcode area stands at £754, well below the national average and among the cheapest for rental property in England. Rents have risen at 3.5% per year over the past decade—slower than the national pace. The flat yield currently sits at 4.4%, marking a modest improvement from the 10-year average of 3.9%, signalling a gradual shift towards stronger rental returns.
Income & Affordability Trends
Average household income in SY21 is £32,238, substantially below the national average and among the lowest across England. The price-to-income ratio has risen to 8.0x from 7.7x in 2016, indicating that property has become incrementally less affordable relative to local earnings. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 22.7% to 22%, a modest gain for renters.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 and above compared to a national fifth, and those aged 50–64 representing nearly a quarter rather than a fifth. Younger age groups are distinctly underrepresented, particularly the 16–24 and 25–34 bands. Housing tenure is skewed towards outright ownership at 41%—significantly above the national 34%—while mortgage ownership is below average at 22%. The employment profile is dominated by trades (19%), well above the national 11%, reflecting the rural and agricultural character of the area; professional and managerial roles are correspondingly underrepresented.