At a Glance
Average Property Price - DE21
£237,236
24
National percentile
Average Monthly Rent - DE
£826
22
National percentile
Average Net Household Income - DE21
£36,462
40
National percentile
Flat / Maisonette Yield - DE
5.6%
48
National percentile
10-Year Annualised Price Growth - DE21
4.1%
70
National percentile
10-Year Annualised Rent Growth - DE
4.2%
63
National percentile
Property Price & Volume Trends
The average property price in DE21 is £237,000, placing it below the national average and among the more affordable districts nationally. Over the past decade, prices have grown at 4.1% per year, a pace faster than typical across the country. Transaction activity has moderated recently, with 659 sales in the latest full year compared to a 10-year average of 802, suggesting a tightening market.
Rent & Yield Trends
Average monthly rent stands at £826, below the national norm. Rental growth has kept pace with the wider market, rising 4.2% annually over ten years. The flat yield has improved markedly, reaching 5.6% in the latest period from a 10-year average of 4.7%, reflecting growing appeal to buy-to-let investors.
Income & Affordability Trends
Average net household income is £36,462, slightly below the national median. The price-to-income ratio of 6.0x suggests homes have become less affordable than in 2016, when the ratio stood at 5.4x. Rental affordability has remained stable, with rent consuming 22.5% of income compared to 22.7% a decade ago.
Resident Demographic Profile
The area skews slightly towards younger families, with under-15s representing 19.4% of the population against a national average of 17.5%. Housing tenure is relatively traditional, with owner-occupation (both outright and mortgaged) at 65.4%, above the national norm of 60.7%. The employment mix is distinctly weighted towards trades (10.9%) and elementary occupations (12.8%), reflecting the area's working-class character, whilst professional occupations at 16.6% fall noticeably short of the national average of 20.5%.