At a Glance
Average Property Price - DH4
£185,393
9
National percentile
Average Monthly Rent - DH
£642
1
National percentile
Average Net Household Income - DH4
£36,031
37
National percentile
Flat / Maisonette Yield - DH
6.2%
85
National percentile
10-Year Annualised Price Growth - DH4
2.1%
10
National percentile
10-Year Annualised Rent Growth - DH
3.1%
6
National percentile
Property Price & Volume Trends
The average property price in DH4 is £185,000, placing it among the cheapest in the UK. Over the past decade, prices have grown at 2.1% annually—significantly below the national average. Transaction activity has declined: 385 sales were recorded in the latest full year, down from a ten-year average of 530 per year.
Rent & Yield Trends
Monthly rents average £642, among the lowest in the UK. Rental growth has been modest at 3.1% per year over the past decade, below the national pace. The flat yield currently stands at 6.2%, up from a ten-year average of 5.1%, reflecting improved returns for buy-to-let investors in recent years.
Income & Affordability Trends
Average household income is £36,031, below the national average. The price-to-income ratio of 5.1x has improved since 2016 (when it was 5.3x), indicating that property has become slightly more affordable relative to earnings. Rental affordability has also improved markedly: the rent-to-income ratio has fallen from 20.2% in 2016 to 17.8% today.
Resident Demographic Profile
The population skews slightly older than the national profile, with 20.8% aged 65 and over compared to the national average of 19.6%, and notably fewer young adults aged 16–24 (8.9% versus 11.0% nationally). Housing tenure is distinctive: mortgage ownership is above average at 31.9%, whilst private rental is substantially lower at 11.7% against 21.7% nationally. Employment is weighted towards administrative roles (11.3% versus 9.0% nationally) and away from professional occupations (16.8% versus 20.5% nationally).