At a Glance
Average Property Price - DL7
£282,626
37
National percentile
Average Monthly Rent - DL
£639
0
National percentile
Average Net Household Income - DL7
£23,767
3
National percentile
Flat / Maisonette Yield - DL
5.5%
44
National percentile
10-Year Annualised Price Growth - DL7
2.0%
9
National percentile
10-Year Annualised Rent Growth - DL
3.2%
14
National percentile
Property Price & Volume Trends
The average property price in DL7 is £283,000, placing it below the national average. Over the past decade, prices have grown at an annualised rate of 2.0%, significantly slower than the national trend. Transaction activity has eased recently, with 192 sales in the latest year compared to a 10-year average of 239 per annum.
Rent & Yield Trends
Average monthly rent in the broader DL postcode area is £639, well below the national average. Rents have grown at 3.2% annually over ten years, a pace slower than the national average. The flat yield currently stands at 5.5%, notably above its 10-year average of 4.6%, reflecting improving returns for buy-to-let investors.
Income & Affordability Trends
Average net household income of £24,000 is among the lowest nationally. The price-to-income ratio has deteriorated significantly, rising from 7.1x in 2016 to 11.4x today, indicating that property has become substantially less affordable relative to earnings. Rental affordability has also weakened, with rent consuming 21.1% of household income compared to 19.8% in 2016.
Resident Demographic Profile
The population skews notably older, with over 30% aged 65 and above compared to the national average of 19.6%, and those aged 50–64 representing nearly a quarter of residents. The area is heavily owner-occupied, with 51% owning outright against a national average of 34%. Employment is dominated by managers and professionals (35% combined), while elementary occupations are underrepresented at 7.1% against a national average of 10.2%.