At a Glance
Average Property Price - DE65
£318,406
48
National percentile
Average Monthly Rent - DE
£826
22
National percentile
Average Net Household Income - DE65
£48,843
86
National percentile
Flat / Maisonette Yield - DE
5.6%
48
National percentile
10-Year Annualised Price Growth - DE65
3.9%
63
National percentile
10-Year Annualised Rent Growth - DE
4.2%
63
National percentile
Property Price & Volume Trends
The average property price in DE65 stands at £318,000, broadly in line with the national median. Over the past decade, prices have grown at 3.9% annually—a solid pace that outperforms most of the country. However, transaction activity has softened considerably: 345 sales were recorded in the latest year, down from a 10-year average of 499, suggesting a cooling in market momentum.
Rent & Yield Trends
The average monthly rent across the broader DE postcode is £826, well below the national average and among the most affordable areas in England. Rents have grown at 4.2% per year over ten years—faster than the national trend—reflecting steady demand. The flat yield currently stands at 5.6%, materially above its 10-year average of 4.7%, indicating improved returns for buy-to-let investors as rents have risen relative to capital values.
Income & Affordability Trends
Average household income in DE65 is £49,000, placing it in the upper quartile nationally. The price-to-income ratio of 6.0x has improved modestly since 2016 (when it stood at 6.1x), suggesting purchasing power has kept pace with price growth. Rental affordability has also edged forward, with rent-to-income now at 22.5% versus 22.7% six years ago, indicating stable cost-of-living pressures for renters.
Resident Demographic Profile
DE65 has a notably older profile than the national average, with 20.6% aged 50–64 and 20.5% aged 35–49, whilst the under-16 population of 19.4% is slightly elevated. Owner-occupation is strong: 41.3% own with a mortgage and 37% own outright, well above the national norms, reflecting a established, settled community. The workforce skews towards higher-skilled roles, with professionals comprising 23.9% of employment (above the 20.5% national average) and managers at 16.1%, though elementary occupations are notably underrepresented at 7.6%.