At a Glance
Average Property Price - DL1
£162,268
4
National percentile
Average Monthly Rent - DL
£639
0
National percentile
Average Net Household Income - DL1
£20,902
2
National percentile
Flat / Maisonette Yield - DL
5.5%
44
National percentile
10-Year Annualised Price Growth - DL1
3.6%
52
National percentile
10-Year Annualised Rent Growth - DL
3.2%
14
National percentile
Property Price & Volume Trends
The latest average property price is £162,000, placing DL1 among the cheapest postcodes nationally. Over the past decade, prices have grown at an annualised rate of 3.6%, broadly in line with the national average. Transaction volumes have eased slightly; the latest full year saw 523 sales against a 10-year average of 631 per year.
Rent & Yield Trends
Average monthly rent across the broader DL postcode area stands at £639, considerably below the national average. Rental growth over the past decade has been 3.2% per annum, slower than the national pace. Yields have moved in a positive direction, rising to 5.5% in the latest year from a 10-year average of 4.6%, reflecting stronger rental returns relative to capital values.
Income & Affordability Trends
Average net household income in DL1 is £20,902, among the lowest nationally. The price-to-income ratio has deteriorated materially since 2016, rising from 4.9x to 6.8x, signalling that property prices have outpaced wage growth in the area. Rental affordability has also tightened; the rent-to-income ratio has increased from 19.8% to 21.1% over the same period.
Resident Demographic Profile
The population is notably younger than the national average, with 19.6% aged under 15 compared to 17.5% nationally, though the 16–24 age group is underrepresented at 9.6%. Housing tenure shows a higher reliance on social rented accommodation at 22.3% versus 16.5% nationally, whilst ownership with mortgage is slightly above average. The employment profile is skewed towards elementary roles (15.1% versus 10.2% nationally) and caring occupations (11.0% versus 9.2%), with notably fewer professionals (12.8% versus 20.5%) and managers (8.6% versus 13.4%).