At a Glance
Average Property Price - DL15
£151,500
3
National percentile
Average Monthly Rent - DL
£639
0
National percentile
Average Net Household Income - DL15
£31,667
13
National percentile
Flat / Maisonette Yield - DL
5.5%
44
National percentile
10-Year Annualised Price Growth - DL15
3.2%
35
National percentile
10-Year Annualised Rent Growth - DL
3.2%
14
National percentile
Property Price & Volume Trends
At £151,500, DL15 is among the most affordable areas nationally. Ten-year annual price growth has averaged 3.2%, below the national pace. Transaction volumes have declined modestly, with 274 sales in the latest year compared to a ten-year average of 332—reflecting typical seasonal variation in a smaller rural market.
Rent & Yield Trends
Monthly rents in the broader DL postcode area average £639, placing it among the cheapest regions nationally. Rent growth over the past decade has been steady at 3.2% annually, outpacing national growth only slightly. The flat yield stands at 5.5%, notably above its ten-year average of 4.6%, signalling an improving return for buy-to-let investors.
Income & Affordability Trends
Average household income of £31,667 is well below the national average. The purchase price-to-income ratio of 4.5x has improved since 2016 (when it stood at 4.7x), making home ownership more affordable in relative terms. Rental affordability has deteriorated slightly: the rent-to-income ratio now stands at 21.1%, up from 19.8% in 2016, indicating renters spend a larger share of income on housing.
Resident Demographic Profile
The population skews older than average, with over a fifth aged 65 and above (21.9%) and a notably smaller proportion of 16–24 year-olds (8.9%). Outright home ownership is above average at 35.7%, reflecting an ageing demographic with paid-off mortgages. The employment mix is distinctive: trades and caring occupations are notably over-represented at 14.0% and 12.4% respectively, while professional roles at 13.5% are below the national average.