Property trends for DA4

    DA4 covers areas in the London Borough of Bexley, in outer southeast London. It is a suburban district with a mixed residential character and good transport connections to central London.

    At a Glance

    Average Property Price - DA4

    £422,576

    71

    National percentile

    Average Monthly Rent - DA

    £1,502

    82

    National percentile

    Average Net Household Income - DA4

    £44,553

    74

    National percentile

    Flat / Maisonette Yield - DA

    6.2%

    82

    National percentile

    10-Year Annualised Price Growth - DA4

    3.0%

    28

    National percentile

    10-Year Annualised Rent Growth - DA

    4.8%

    88

    National percentile

    Property Price & Volume Trends

    The average property price of £423,000 places DA4 among the more expensive areas nationally. However, price growth has been subdued: annual gains of 3.0% over the past decade rank below the national average. Transaction activity has softened slightly, with 131 sales in the latest year against a 10-year average of 149—a decline of around 12%.

    Rent & Yield Trends

    Rents in the broader DA postcode area average £1,502 per month, placing the area among the most expensive rental markets nationally. Rental growth has been strong at 4.8% annually, well above the national pace. Yields have improved noticeably: the current flat yield of 6.2% stands above the 10-year average of 5.0%, reflecting the tighter relationship between rents and capital values.

    Income & Affordability Trends

    Average household income of £44,553 is comfortably above the national median. However, affordability has tightened: the price-to-income ratio has risen from 7.8x in 2016 to 9.4x today, indicating that property has become significantly less affordable relative to local earnings. Rental affordability has also deteriorated, with the rent-to-income ratio climbing from 29.9% to 31% over the same period.

    Resident Demographic Profile

    The age profile is notably older than the national average, with 21.9% aged 65 and over compared to 19.6% nationally, and fewer young adults aged 16–24 (8.4% versus 11.0%). Housing tenure shows a strong preference for outright ownership at 38%, well above the national 33.7%, alongside higher rates of mortgage ownership at 34.5%. The employment mix is weighted towards managerial and professional roles, with managers at 16.5% (above the national 13.4%) and technical workers at 14.3%, while elementary occupations are notably underrepresented at 7.6%.

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