Property trends for DA3

    DA3 covers areas in the London Borough of Bexley in Greater London, situated in the southeast of the capital. It is a predominantly residential district with a character shaped by older suburban communities and established family housing.

    At a Glance

    Average Property Price - DA3

    £505,722

    81

    National percentile

    Average Monthly Rent - DA

    £1,502

    82

    National percentile

    Average Net Household Income - DA3

    £44,952

    76

    National percentile

    Flat / Maisonette Yield - DA

    6.2%

    82

    National percentile

    10-Year Annualised Price Growth - DA3

    2.7%

    20

    National percentile

    10-Year Annualised Rent Growth - DA

    4.8%

    88

    National percentile

    Property Price & Volume Trends

    The average property price in DA3 is £506,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 2.7% annually—a rate well below the national average. Transaction activity in the latest year totalled 226 sales, marginally lower than its 10-year average of 233.

    Rent & Yield Trends

    Average monthly rent in the broader DA postcode area stands at £1,502, positioning it among the highest-rented areas nationally. Rental growth over the past decade has averaged 4.8% annually, significantly outpacing national trends. The current flat yield of 6.2% is notably above its 10-year average of 5.0%, reflecting strengthening rental returns for investors.

    Income & Affordability Trends

    Average net household income of £45,000 is above the national average. The price-to-income ratio has risen to 11.7x from 9.7x in 2016, signalling a deterioration in purchase affordability over the period. Rental affordability has also tightened, with the rent-to-income ratio rising from 29.9% in 2016 to 31% today.

    Resident Demographic Profile

    DA3 has a notably older population profile: those aged 50–64 represent 22% (above the 19.8% national average) and those 65+ account for 28.1% compared to 19.6% nationally. Younger age groups are underrepresented, particularly 16–24-year-olds at 8.5% versus 11% nationally. Housing tenure is heavily skewed toward outright ownership at 49%—significantly above the national 33.7%—whilst private renting is low at 9.9% against 21.7% nationally. Employment is dominated by managers (19.1%), professionals (19.7%), and administrative roles (12.5%), reflecting a higher-skilled workforce than the national average.

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