S65 (Rotherham) area guide

S65
Rotherham
The S65 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aldwarke, Boston Castle, Bramley, Dalton, Dalton Magna, Eastwood Trading Estate, Hooton Roberts, Ravenfield, Rotherham, Rotherham East, Silverwood, Sitwell, Thrybergh, Torne Valley, Valley, Wickersley.
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Notes:

A Mouseprice property guide for S65 Rotherham is coming soon. In the meantime, please have a look at the raw data and statistics about S65 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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:

Sheffield propertyThe size of the property market in S65 is 15020 homes.

Sheffield propertyWhen compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in this postcode district has been 9%. This could well be because this is an area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).

Sheffield propertyAverage property prices in this postcode district over the last three months have been approximately £103997.

Sheffield propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 7. Given the low level of earnings in areas such as this, property prices face a ceiling unless outside impetus can be found for increases. Areas which typically have low earnings and low prices tend to be geographically isolated or suffer from outmoded transport infrastructure. They may also be situated in areas of economic difficulty which have not yet been the recipients of redevelopment or regeneration funding. For those moving into an area like this, they may find that they are able to afford to buy a substantially bigger property than their previous home if they are able to secure employment outside the area. Moving out of areas like this can be difficult without an offer of employment in a new location. This is because price growth lags in areas of economic deprivation, so owners there are not able to use their existing property as leverage to match their standard of living elsewhere.

Sheffield propertyNew transactions as a percentage of overall sales are 6.1%.

Housing stock:

Rotherham propertyOver half of the properties in the area are Semi- Detached Houses, at 53.1% of the total housing stock.

Rotherham propertyFor those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 9.8% are this type.

Rotherham propertyThis is an area with a high proportion of property suitable for families with children.

Rotherham propertyA high proportion of property in this area is socially rented.

Rotherham propertyA lower than average proportion of property in this area is owner occupied. This suggests that there is a very healthy rental market.

Rotherham propertyThe average price of a two bed property in this area is £107074, significantly less then the national average of £187894.

Who lives here:

Rotherham propertyTotal population in this area is 35186.
Rotherham propertyThe average age in this area is 36.
Rotherham propertySingle people make up 30.2% of the population in this postcode district.
Rotherham propertyAverage working hours in this area for men are 41 and for women are 29.
Rotherham propertyThis area has 12.6 people per square kilometre.
Rotherham propertyThe largest source of work in this area is Health & Social Work (20.2% of workers), followed by Wholesale & Retail (18.6%).