Property trends for DE73

    DE73 covers Woodville and surrounding areas in north-west Leicestershire, sitting between Coalville and the Derbyshire border. It is a mixed residential district with a strong owner-occupied base and established community character.

    At a Glance

    Average Property Price - DE73

    £314,580

    47

    National percentile

    Average Monthly Rent - DE

    £826

    22

    National percentile

    Average Net Household Income - DE73

    £44,059

    73

    National percentile

    Flat / Maisonette Yield - DE

    5.6%

    48

    National percentile

    10-Year Annualised Price Growth - DE73

    2.9%

    26

    National percentile

    10-Year Annualised Rent Growth - DE

    4.2%

    63

    National percentile

    Property Price & Volume Trends

    The latest average property price in DE73 is £315,000, close to the national midpoint. Ten-year annualised growth has been modest at 2.9%, placing it below average nationally for appreciation. Transaction activity has slowed: 269 sales were recorded in the latest full year, down from a ten-year average of 374 annually.

    Rent & Yield Trends

    Average monthly rent across the broader DE postcode area stands at £826, below the national average. Rental growth over the past decade has been solid at 4.2% annually, outpacing the national trend. The rental yield has strengthened to 5.6% in the latest year, up from a ten-year average of 4.7%, reflecting favourable conditions for buy-to-let investors.

    Income & Affordability Trends

    Average net household income is £44,059, placing the area above the national average. The price-to-income ratio of 8.0x has edged up since 2016 (7.7x), indicating that housing affordability for purchase has tightened slightly over the period. Rental affordability has remained stable, with the rent-to-income ratio holding steady at 22.5% versus 22.7% in 2016.

    Resident Demographic Profile

    The population skews towards older age groups: those aged 50–64 account for 21.4% of residents, well above the national average of 19.8%, while those aged 16–24 are underrepresented at 9.1% compared to 11.0% nationally. Home ownership is notably strong, with 37.1% owning outright and 33.5% with a mortgage, totalling 70.6% ownership versus 60.7% nationally. The professional workforce is elevated at 22.8%, and managers represent 15.2% of employment, both comfortably above national averages.

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