PE37 (Swaffham) area guide

PE37
Swaffham
The PE37 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Beachamwell, Cockley Cley, Drymere, Mid Forest, Nar Valley, Necton, Norfolk, North Pickenham, Shingham, South Pickenham, Swaffham, Wissey.
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Notes:

A Mouseprice property guide for PE37 Swaffham is coming soon. In the meantime, please have a look at the raw data and statistics about PE37 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Peterborough propertyThe size of the property market in PE37 is 4573 homes.

Peterborough propertyGiven that the nominal growth rate in this postcode district (PE37) has been about 11.6% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Peterborough propertyAverage property prices in this postcode district over the last three months have been approximately £161901.

Peterborough propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 9.3.

Peterborough propertyNew transactions as a percentage of overall sales are 14.2%.

Housing stock:

Swaffham propertyOver half of the properties in the area are Detached Houses, at 50.1% of the total housing stock.

Swaffham propertyThe least common type of property in this area is Flats (8.4% of the total housing stock).

Swaffham propertyThis is an area with a high proportion of property suitable for families with children. alt="Swaffham property">Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 17.8%.

Swaffham propertyThe majority of property in this area is owner occupied.

Swaffham propertyThe average price of a two bed property in this area is less that the national average of £187894 at £182200.

Who lives here:

Swaffham propertyThe population of this postcode district is 9873.
Swaffham propertyThis area is a haven for the retired, who make up 33.9% of the population.
Swaffham propertyThis area has a high percentage of married people at 20.4%.
Swaffham propertyAverage working hours in this area for men are 44 and for women are 30.
Swaffham propertyThis area is relatively rural, with only 1 people per square kilometre.
Swaffham propertyThe largest source of work in this area is Wholesale & Retail (18.2% of workers), followed by Construction (13.4%).