At a Glance
Average Property Price - DH2
£181,596
8
National percentile
Average Monthly Rent - DH
£642
1
National percentile
Average Net Household Income - DH2
£34,395
28
National percentile
Flat / Maisonette Yield - DH
6.2%
85
National percentile
10-Year Annualised Price Growth - DH2
3.4%
44
National percentile
10-Year Annualised Rent Growth - DH
3.1%
6
National percentile
Property Price & Volume Trends
The average property price in DH2 is £182,000, placing it among the cheapest neighbourhoods nationally. Over the past decade, prices have grown at 3.4% annually—close to the national average, showing steady but unspectacular appreciation. Transaction activity has slowed in recent years: the latest full year saw 356 sales, down from an average of 444 annually over the past ten years.
Rent & Yield Trends
Average monthly rent in the broader DH postcode area stands at £642, significantly below the national average. Rent growth over ten years has been modest at 3.1% annually, well below typical national trends. The flat yield has strengthened to 6.2% in the latest period, up from a ten-year average of 5.1%, reflecting the favourable relationship between rents and property values in this market.
Income & Affordability Trends
Average net household income is £34,395, broadly in line with the lower half of national earnings. The price-to-income ratio stands at 5.0x, slightly up from 4.9x in 2016, indicating that property affordability has marginally worsened for buyers relative to local earnings. Rental affordability has improved considerably: the rent-to-income ratio has fallen from 20.2% in 2016 to 17.8% today, a meaningful gain for tenants.
Resident Demographic Profile
The population is notably older than average: over one in five residents (21.4%) are aged 65 and over, compared to 19.6% nationally, while the 50–64 age group is also overrepresented at 22.5%. Social rented housing accounts for 23.3% of the tenure mix—significantly above the national average of 16.5%—reflecting the area's character as a traditional community with substantial public housing stock. The employment profile shows particular strength in administrative and caring occupations (11.1% and 10% respectively), with a smaller professional workforce (16.5%) than the national average of 20.5%.