At a Glance
Average Property Price - SY3
£353,413
57
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY3
£41,110
63
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY3
4.1%
69
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The latest average property price in SY3 is £353,000, placing it slightly above the national midpoint. Over the past decade, prices have grown at 4.1% annually—a solid pace that sits above the national average. Transaction activity has eased compared to its 10-year norm, with 525 sales in the latest full year against a historical average of 628, suggesting a slight softening in market momentum.
Rent & Yield Trends
Average monthly rent in the broader SY postcode area stands at £754, which is well below the national average. Rental growth over the past decade has been modest at 3.5% annually, also lagging national performance. The flat yield has improved to 4.4% in the latest year from a 10-year average of 3.9%, reflecting strengthening returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £41,110 sits above the national average, indicating reasonable earning power in the area. The price-to-income ratio of 8.1x has remained flat since 2016, meaning affordability for owner-occupation has neither improved nor deteriorated. Rental affordability has improved slightly, with the rent-to-income ratio falling from 22.7% in 2016 to 22% today.
Resident Demographic Profile
The population skews notably older, with 23.3% aged 65 and over compared to a national average of 19.6%, and 21.1% in the 50–64 age band versus 19.8% nationally. Younger age groups are underrepresented, particularly the 16–24 bracket at 9.2% against 11% nationally. Home ownership is stronger than average, with 39.9% owning outright against 33.7% nationally, and social renting is lower at 10.3% versus 16.5% nationally. The employment profile is weighted towards professionals at 25.4% against 20.5% nationally, while trades and elementary occupations are less common.