At a Glance
Average Property Price - WS3
£229,788
21
National percentile
Average Monthly Rent - WS
£922
38
National percentile
Average Net Household Income - WS3
£31,969
14
National percentile
Flat / Maisonette Yield - WS
5.9%
69
National percentile
10-Year Annualised Price Growth - WS3
5.1%
91
National percentile
10-Year Annualised Rent Growth - WS
4.6%
84
National percentile
Property Price & Volume Trends
The average property price in WS3 is £230,000, placing it well below the national average and among the cheapest 21% of postcode districts nationwide. However, the area has experienced notably strong price growth over the past decade, with annualised gains of 5.1%—among the fastest nationally. Transaction activity has softened recently, with 463 sales in the latest full year compared to a 10-year average of 576, suggesting a modest slowdown in market momentum.
Rent & Yield Trends
Average monthly rent in the wider WS area stands at £922, slightly below the national midpoint. Rental growth over the past decade has been robust at 4.6% per year, outpacing most regions nationally. The flat yield has improved to 5.9% from a 10-year average of 5.3%, reflecting the favourable returns available to landlords in this market.
Income & Affordability Trends
Average household income in WS3 is £31,969, placing it in the lower quartile nationally. The price-to-income ratio of 6.7x has risen significantly from 5.1x in 2016, indicating that property purchase affordability has worsened materially over this period. Rental affordability has also tightened, with the rent-to-income ratio increasing from 24.8% to 26.3%, leaving less disposable income for renters.
Resident Demographic Profile
The area has a notably elevated proportion of children, with 22.1% aged under 15 compared to the national average of 17.5%. Social rented housing is significantly overrepresented at 31.6% against a national average of 16.5%, while ownership with mortgage is below average at 23.5%. The employment profile is distinctive: trades occupations are well above average at 13.7%, elementary roles are elevated at 15%, and professionals are markedly underrepresented at 12.5% against the national 20.5%.