Property trends for DA16

    DA16 covers Bexleyheath and surrounding areas in outer London, sitting in the London Borough of Bexley to the southeast of the capital. It is a predominantly suburban area with a mix of family homes and established residential communities.

    At a Glance

    Average Property Price - DA16

    £459,660

    76

    National percentile

    Average Monthly Rent - DA

    £1,502

    82

    National percentile

    Average Net Household Income - DA16

    £50,389

    89

    National percentile

    Flat / Maisonette Yield - DA

    6.2%

    82

    National percentile

    10-Year Annualised Price Growth - DA16

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - DA

    4.8%

    88

    National percentile

    Property Price & Volume Trends

    The latest average property price in DA16 is £460,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 4.0% annually, which is close to the national average pace. Transaction activity has softened in the latest year, with 360 sales compared to a 10-year average of 424 per year.

    Rent & Yield Trends

    Average monthly rents in the wider DA postcode area stand at £1,502, well above the national median. Rents have grown at 4.8% annually over the past decade, significantly faster than the typical rate nationally. The flat yield has expanded to 6.2%, up from a 10-year average of 5.0%, reflecting stronger rental income relative to property values.

    Income & Affordability Trends

    Average household income in DA16 is £50,389, placing the area among the highest-earning nationally. The price-to-income ratio stands at 8.8x, unchanged since 2016, indicating that affordability for purchase has remained consistent over the past eight years. Rental affordability has tightened: the rent-to-income ratio has risen from 29.9% to 31%, suggesting rental costs now consume a slightly larger share of household income.

    Resident Demographic Profile

    The population skews slightly older and more family-oriented than the national average, with 21.3% aged 35–49 and 19.4% under 15, while the 16–24 age group is noticeably underrepresented at 9.5%. Housing tenure is notably weighted towards ownership: 39.8% own with a mortgage and 37.9% own outright, both well above national norms, while private and social renting are correspondingly lower. The employment mix is more concentrated in administrative roles (14.2%, above the national 9.0%) and trades (11.3%), with below-average representation in elementary occupations and plant/machine work.

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