At a Glance
Average Property Price - DE1
£179,809
7
National percentile
Average Monthly Rent - DE
£826
22
National percentile
Average Net Household Income - DE1
£28,019
5
National percentile
Flat / Maisonette Yield - DE
5.6%
48
National percentile
10-Year Annualised Price Growth - DE1
2.2%
12
National percentile
10-Year Annualised Rent Growth - DE
4.2%
63
National percentile
Property Price & Volume Trends
The average property price in DE1 is £180,000, placing it among the cheapest in the country. Over the past decade, prices have grown at 2.2% annually—below the national average, suggesting a market that has gained ground slowly. Transaction volumes have declined notably: 138 sales in the latest year represent a significant drop from the 10-year average of 210 per year.
Rent & Yield Trends
Average monthly rent stands at £826, below the national median. Rental growth over ten years has been solid at 4.2% annually, outpacing national growth and indicating steady landlord returns. The flat yield has moved in a favourable direction, rising to 5.6% from a 10-year average of 4.7%, reflecting improved returns for buy-to-let investors.
Income & Affordability Trends
Average household income is £28,000, well below the national average and among the lowest nationally. At 6.1 times annual income, the price-to-income ratio has improved marginally since 2016, making homeownership slightly more accessible. Renters spend 22.5% of income on rent, a modest improvement from 2016 and a relatively comfortable proportion.
Resident Demographic Profile
DE1 is significantly younger than the national average, with above-average shares of residents aged 16–24 (17.5% vs 11.0% nationally) and 25–34 (19% vs 13.4%), reflecting its appeal to students and young workers. The tenure profile is heavily skewed towards renting: 41% live in private rented housing and 27.7% in social rented, compared to national averages of 21.7% and 16.5% respectively, while only 16% own outright. Employment is concentrated in elementary roles (21% vs 10.2% nationally) and plant/machine operation (12.7% vs 6.6%), with notably lower representation in professional and managerial positions.