At a Glance
Average Property Price - DE75
£225,703
20
National percentile
Average Monthly Rent - DE
£826
22
National percentile
Average Net Household Income - DE75
£32,808
18
National percentile
Flat / Maisonette Yield - DE
5.6%
48
National percentile
10-Year Annualised Price Growth - DE75
5.2%
92
National percentile
10-Year Annualised Rent Growth - DE
4.2%
63
National percentile
Property Price & Volume Trends
The latest average property price in DE75 is £226,000, positioning it well below the national average and among the most affordable districts nationally. Over the past decade, prices have grown at 5.2% annually—a notably strong performance compared to most of the country. However, transaction activity has softened recently, with 251 sales in the latest year against a ten-year average of 308, suggesting a shift in market momentum.
Rent & Yield Trends
Average monthly rents of £826 remain below the national median, reflecting the area's affordable character. Rental growth has been steady at 4.2% per year, keeping pace with the broader national trend. The flat yield has improved meaningfully to 5.6% in the latest year from a ten-year average of 4.7%, indicating improved returns for rental investors.
Income & Affordability Trends
Average household income of £33,000 is below the national average, placing the area in the lower income bracket nationally. Affordability for buyers has deteriorated noticeably: the price-to-income ratio has risen from 4.9x in 2016 to 6.8x today, meaning property has become significantly less affordable relative to local earnings. Rental affordability has remained essentially flat, with rent-to-income ratios stable at around 22.5%, suggesting renters face consistent cost pressures.
Resident Demographic Profile
The population skews slightly older, with those aged 50–64 representing 21.3% of residents against a national average of 19.8%. Owner-occupation is notably strong: 36.1% own outright and 33% own with a mortgage, giving 69% total owner-occupation well above the national 60.7%. The trades sector is overrepresented at 13.9% of employment, reflecting the area's industrial heritage, while professional and managerial roles are underrepresented compared to national norms.