At a Glance
Average Property Price - DE5
£241,501
25
National percentile
Average Monthly Rent - DE
£826
22
National percentile
Average Net Household Income - DE5
£36,033
37
National percentile
Flat / Maisonette Yield - DE
5.6%
48
National percentile
10-Year Annualised Price Growth - DE5
4.9%
88
National percentile
10-Year Annualised Rent Growth - DE
4.2%
63
National percentile
Property Price & Volume Trends
At £242,000, DE5 sits well below the national average, placing it among the cheaper quarters of the market. However, the area has delivered notably strong growth over the past decade, with prices rising 4.9% annually—faster than most regions nationally. Transaction activity has softened slightly, with 345 sales in the latest year compared to a 10-year average of 397, suggesting a modest cooling in market tempo.
Rent & Yield Trends
Monthly rents average £826, placing the area in the lower third nationally. Rental growth has been steady at 4.2% annually over the past decade, broadly in line with the national pace. The flat yield stands at 5.6%, a meaningful uplift from the 10-year average of 4.7%, indicating improved returns for landlords in the current market.
Income & Affordability Trends
Average household income is £36,033, modestly below the national median. The price-to-income ratio of 6.4x has deteriorated since 2016 (then 5.5x), meaning homes now command a larger premium relative to local earnings. Rental affordability has held steady, with tenants spending 22.5% of income on rent, virtually unchanged from 2016's 22.7%.
Resident Demographic Profile
DE5 skews distinctly older, with over-50s representing 46.5% of the population against a national figure of 39.4%, and pensioners making up nearly a quarter of residents. Home ownership is unusually strong at 72.2% combined (outright plus mortgaged), well above the national 60.7%, reflecting an established, settled community. Trades workers are more prominent than average, while professionals and younger adults are slightly underrepresented, consistent with a post-industrial area focused on skilled manual employment.