At a Glance
Average Property Price - DH3
£207,903
14
National percentile
Average Monthly Rent - DH
£642
1
National percentile
Average Net Household Income - DH3
£34,864
30
National percentile
Flat / Maisonette Yield - DH
6.2%
85
National percentile
10-Year Annualised Price Growth - DH3
2.9%
26
National percentile
10-Year Annualised Rent Growth - DH
3.1%
6
National percentile
Property Price & Volume Trends
The average property price in DH3 is £208,000, placing it well below the national average — among the least expensive areas nationally. Over the past decade, prices have grown by 2.9% annually, a pace substantially slower than the national trend. Transaction activity has slowed in the latest year, with 355 sales against a 10-year average of 414, reflecting softer market conditions.
Rent & Yield Trends
Average monthly rent stands at £642, among the lowest in the UK — rents here are considerably cheaper than the national norm. Rental growth over ten years has been modest at 3.1% annually, also well below the national pace. The flat yield has improved markedly, reaching 6.2% in the latest year compared to a 10-year average of 5.1%, reflecting strengthening returns for landlords.
Income & Affordability Trends
Average net household income is £34,864, below the national average and placing the area in the lower-middle income band nationally. The price-to-income ratio remains stable at 5.4x compared to 2016, meaning housing affordability has neither improved nor deteriorated significantly over that period. Rental affordability has improved notably: the rent-to-income ratio has fallen from 20.2% in 2016 to 17.8% today, indicating rents have grown more slowly than incomes.
Resident Demographic Profile
The population skews older than average, with over a fifth aged 65 and above (compared to 19.6% nationally) and a notably smaller young adult cohort aged 16–24 (8.8% versus 11.0% nationally). Tenure is split between outright ownership (33.4%) and social rented housing (23.3%), the latter significantly above the national average of 16.5%, reflecting the area's social housing provision. The employment profile is notably weighted towards administrative roles (11.0% versus 9.0% nationally) and plant and machine operation (8.1% versus 6.6%), with fewer professionals and managers than average.