At a Glance
Average Property Price - DE22
£297,165
41
National percentile
Average Monthly Rent - DE
£826
22
National percentile
Average Net Household Income - DE22
£39,562
56
National percentile
Flat / Maisonette Yield - DE
5.6%
48
National percentile
10-Year Annualised Price Growth - DE22
4.0%
66
National percentile
10-Year Annualised Rent Growth - DE
4.2%
63
National percentile
Property Price & Volume Trends
The average property price in DE22 is £297,000, which sits just below the national midpoint. Over the past decade, prices have grown at 4.0% annually — a solid pace that slightly exceeds the national average. Transaction activity has slowed in recent years, with 626 sales in the latest full year compared to a 10-year average of 775, suggesting a moderately cooler market.
Rent & Yield Trends
Average monthly rent across the DE postcode area stands at £826, placing it well below the national average. Rents have grown at 4.2% per year over ten years, slightly outpacing national rent growth. The flat yield is currently 5.6%, a notable improvement from its 10-year average of 4.7%, reflecting a favourable environment for rental investors.
Income & Affordability Trends
Average household income in DE22 is £39,562, slightly above the national median. Purchase affordability has improved modestly: the price-to-income ratio has eased from 6.9x in 2016 to 6.7x today. Rental affordability has also improved slightly, with the rent-to-income ratio falling from 22.7% to 22.5% over the same period.
Resident Demographic Profile
The population is notably younger than the national average, with 13.5% aged 16–24 compared to 11.0% nationally, and a higher-than-average share aged 25–34. The private rental sector is more prevalent here at 25.5% versus 21.7% nationally. Professionally employed residents are overrepresented at 22.5% of the workforce, whilst trade occupations and plant/machine operators are underrepresented compared to national norms.