At a Glance
Average Property Price - DE13
£346,720
55
National percentile
Average Monthly Rent - DE
£826
22
National percentile
Average Net Household Income - DE13
£39,898
58
National percentile
Flat / Maisonette Yield - DE
5.6%
48
National percentile
10-Year Annualised Price Growth - DE13
3.7%
57
National percentile
10-Year Annualised Rent Growth - DE
4.2%
63
National percentile
Property Price & Volume Trends
The latest average property price in DE13 is £347,000, sitting around the middle of the national market. Over the past decade, prices have grown at 3.7% annually — close to the national average pace. Transaction activity has softened recently, with 576 sales in the latest full year compared to a ten-year average of 787, reflecting the broader slowdown in market turnover.
Rent & Yield Trends
Average monthly rent across the DE postcode is £826, notably below the national average. Rent growth over the past decade has been solid at 4.2% annually, outpacing national trends. The current flat yield of 5.6% is above its ten-year average of 4.7%, indicating a favourable shift for rental investors in recent times.
Income & Affordability Trends
Average household income of £40,000 is slightly above the national median. Purchase affordability has tightened: the price-to-income ratio stands at 8.2x compared to 7.9x in 2016, suggesting property has become harder to reach relative to local earnings. Rental affordability has marginally improved, with rent-to-income now at 22.5% versus 22.7% a decade ago.
Resident Demographic Profile
The population skews notably older than average, with those aged 50–64 comprising 21.4% (against 19.8% nationally) and over-65s at 20.6% (above the 19.6% national figure). Younger cohorts are underrepresented: only 8.8% are aged 16–24, well below the national 11.0%. Housing tenure is weighted towards outright ownership at 40.4% — substantially higher than the national 33.7% — reflecting the older demographic profile. The workforce is tilted away from caring roles (7.4% versus 9.2% nationally) but contains a higher proportion in elementary occupations (13.1% versus 10.2%).