At a Glance
Average Property Price - DE12
£285,337
38
National percentile
Average Monthly Rent - DE
£826
22
National percentile
Average Net Household Income - DE12
£40,233
59
National percentile
Flat / Maisonette Yield - DE
5.6%
48
National percentile
10-Year Annualised Price Growth - DE12
3.3%
37
National percentile
10-Year Annualised Rent Growth - DE
4.2%
63
National percentile
Property Price & Volume Trends
The average property price in DE12 is £285,000, placing it below the national average and among the more affordable areas across the UK. Over the past decade, prices have grown at 3.3% per year—a slower rate than the national trend. Transaction activity has slowed compared with historical averages, with 280 sales in the latest full year against a 10-year average of 357.
Rent & Yield Trends
Average monthly rent in the broader DE postcode area stands at £826, well below the national average. Rental growth over the past decade has been above the national pace at 4.2% per year. The current flat yield of 5.6% is notably higher than the 10-year average of 4.7%, indicating improved returns for landlords in recent conditions.
Income & Affordability Trends
Average net household income of £40,233 sits slightly above the national midpoint. The price-to-income ratio has edged upward to 6.9x from 6.7x in 2016, suggesting purchase affordability has tightened marginally over that period. Rental affordability has improved slightly, with the rent-to-income ratio declining from 22.7% in 2016 to 22.5% today.
Resident Demographic Profile
The area has a notably older profile than England as a whole, with 23% aged 50–64 and 20.9% aged 65 and over—both well above national averages. Conversely, young adults aged 16–24 are significantly underrepresented at 8.4% against the national figure of 11%. Housing tenure shows strong owner-occupation: 38.3% own outright and 36.1% own with a mortgage, well above national norms, while private and social renting are both below average at 12.4% each. Managerial and professional roles are slightly more common than nationally, while elementary and plant/machine occupations are somewhat elevated.