At a Glance
Average Property Price - SY9
£364,541
59
National percentile
Average Monthly Rent - SY
£754
17
National percentile
Average Net Household Income - SY9
£36,083
38
National percentile
Flat / Maisonette Yield - SY
4.4%
7
National percentile
10-Year Annualised Price Growth - SY9
5.3%
93
National percentile
10-Year Annualised Rent Growth - SY
3.5%
25
National percentile
Property Price & Volume Trends
The latest average property price in SY9 is £365,000, slightly above the national midpoint. Over the past decade, prices have grown at 5.3% per year—among the fastest growth rates across the UK. However, transaction activity has slowed considerably: only 17 homes were sold in the latest full year, compared with an average of 32 per year over the preceding decade.
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% per year, also below the national pace. The flat yield on lettings has recently reached 4.4%, a meaningful improvement from the 10-year average of 3.9%, reflecting the tightening rental market.
Income & Affordability Trends
Average household income in SY9 is £36,083, below the national average. The price-to-income ratio currently sits at 9.0x, up from 8.5x in 2016, indicating that affordability for buyers has worsened slightly over that period. Rental affordability has improved: the rent-to-income ratio has fallen from 22.7% in 2016 to 22% today.
Resident Demographic Profile
SY9 has a notably older population profile, with over half aged 50 or above: the 50–64 age group represents 26% (against a national 19.8%), and those aged 65 and over make up 31% (nearly 1.6 times the national share of 19.6%). Conversely, younger age groups are significantly underrepresented—16–24-year-olds comprise only 7.5% versus 11% nationally. Housing is heavily oriented towards ownership, with 51% of properties owned outright (well above the national 33.7%), and the trades sector dominates employment at 22.3%, more than double the national average of 10.5%.