At a Glance
Average Property Price - SY5
£357,086
58
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY5
£38,131
50
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY5
3.5%
45
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The average property price in SY5 is £357,000, slightly above the national median and positioned in the middle range nationally. Over the past decade, prices have grown at 3.5% per year—a pace below the national average, reflecting more modest market momentum. Transaction activity has slowed: 234 sales were recorded in the latest full year, down from a 10-year average of 322, indicating reduced buyer activity.
Rent & Yield Trends
Average monthly rent in the broader SY postcode area is £754, well below the national average and among the cheapest nationally. Rental growth has been steady at 3.5% annually, but this remains slower than the national pace. The flat yield currently stands at 4.4%, an improvement on its 10-year average of 3.9%, suggesting rental returns have strengthened relative to property values.
Income & Affordability Trends
Average household income in SY5 is £38,131, very close to the national median. The price-to-income ratio of 9.9x indicates property prices require nearly a decade of gross household income to purchase—a worsening position compared to 2016 when the ratio stood at 8.9x. Rental affordability has improved slightly: the rent-to-income ratio is now 22% of annual income, down from 22.7% in 2016, suggesting rents have grown more slowly than incomes.
Resident Demographic Profile
SY5 has a distinctly older demographic profile: those aged 50–64 comprise nearly a quarter of the population, and the 65+ age group represents over a quarter—both well above national averages. Conversely, young adults aged 16–24 are notably underrepresented at 8.4%. Tenure is weighted heavily toward outright ownership at 45.1%, significantly higher than the national average, with private rental below average at 17.5%. The employment mix is distinguished by strong representation in trades (15.4%) and management roles (15.9%), alongside lower elementary employment (8%), reflecting a skilled, established workforce.