Market outlook for SN3
Key indicators for buyers
The SN3 market is moderately favourable for buyers. Prices are rising at 13.1%, which may favour acting sooner rather than later. Affordability has improved from a peak of 7.9x in 2021 to 7.0x today. Rising rents (£1,080/mo, +3.6%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Swindon area
A home in Swindon costs 7.0x the local median salary — moderate, improving from a peak of 7.9x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Swindon area
Average monthly rent in Swindon is £1,080, up 3.6% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Swindon price of £345,231 with a 25% deposit (£86k), a 2-year fixed mortgage at 3.97% costs around £1,362 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SN3 avg. price with Swindon rental data
Monthly mortgage payments (£1,362) are £282 more than renting (£1,080). However, buying requires an upfront deposit of £86k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
40, EVERGREENS CLOSE SN3 4HN | Terraced | £280,000 | 23 Jan 2026 |
39, SANDOWN AVENUE SN3 1QQ | Detached | £522,500 | 21 Jan 2026 |
2, BAKERS COURT, STRATTON ST MARGARET SN3 4NU | Flat/Maisonette | £180,000 | 19 Jan 2026 |
153, HOMINGTON AVENUE, COATE SN3 6FG | Detached | £368,000 | 16 Jan 2026 |
8, HARDIE CLOSE SN3 4PL | Detached | £450,000 | 16 Jan 2026 |
FLAT 7, 38, HOMINGTON AVENUE, COATE SN3 6EN | Flat/Maisonette | £130,000 | 13 Jan 2026 |
INGLEWOOD, CARMAN CLOSE SN3 4XU | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.