At a Glance
Average Property Price - DL3
£202,173
13
National percentile
Average Monthly Rent - DL
£639
0
National percentile
Average Net Household Income - DL3
£23,638
3
National percentile
Flat / Maisonette Yield - DL
5.5%
44
National percentile
10-Year Annualised Price Growth - DL3
2.1%
10
National percentile
10-Year Annualised Rent Growth - DL
3.2%
14
National percentile
Property Price & Volume Trends
The average property price in DL3 is £202,000, placing it well below the national average—among the cheapest areas nationally. Over the past decade, prices have grown at 2.1% annually, significantly slower than the national pace. Transaction volume has eased from its 10-year average, with 536 sales in the latest year compared to a historical average of 685.
Rent & Yield Trends
Average monthly rent stands at £639, among the lowest in the country. Rental growth over the past decade has been modest at 3.2% annually, below the national trend. The flat yield has improved to 5.5% in the latest year from a 10-year average of 4.6%, reflecting stronger returns for buy-to-let investors and an encouraging shift upwards.
Income & Affordability Trends
Average net household income is £23,638, significantly below the national average at the lower end of the income distribution. The price-to-income ratio has deteriorated markedly from 5.7x in 2016 to 8.1x today, meaning homes now require substantially more income to purchase relative to local earnings. Rental affordability has also weakened, with rents consuming 21.1% of household income compared to 19.8% in 2016.
Resident Demographic Profile
The population is notably older than the national average, with 24.3% aged 65 and above versus 19.6% nationally, and 22% aged 50–64 compared to 19.8% nationally. Conversely, younger age groups are underrepresented: only 8.5% are aged 16–24, well below the 11.0% national average. Housing tenure shows a strong preference for outright ownership at 41.3%, substantially above the national 33.7%, while private rental is unusually low at 13.5%. The employment mix is broadly in line with national patterns, though administrative roles are slightly more common at 10.9%.