At a Glance
Average Property Price - DN1
£114,413
0
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN1
£29,197
6
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN1
2.4%
14
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
At £114,000, DN1 is among the most affordable postcode districts in the UK, placing it in the bottom percentile nationally. Over the past decade, prices have grown by 2.4% annually, which is well below the national average and represents sluggish long-term appreciation. Transaction activity has slowed significantly, with 46 sales in the latest year against a 10-year average of 76—a decline of some 40%.
Rent & Yield Trends
Average monthly rent in the DN postcode area stands at £658, positioning it among the cheapest rental markets in the country. Rental growth has averaged 3.2% annually over ten years, below the national pace. The flat yield has risen to 6.0%, up from a 10-year average of 5.1%, reflecting improved returns for landlords despite the modest rent base.
Income & Affordability Trends
Net household income of £29,197 is substantially below the national average, placing the area among the lower-income neighbourhoods in the UK. Purchase affordability has improved markedly: the price-to-income ratio has fallen from 5.0x in 2016 to 4.3x today, making property ownership more achievable relative to local earnings. Rental affordability has also improved slightly, with rent-to-income ratios easing from 21.3% to 20.5% over the same period.
Resident Demographic Profile
The population is notably younger and more working-class than the UK average. Those aged 25–34 and 35–49 together account for 43% of residents, well above the national combined share of 32%, reflecting a concentration of younger working-age adults. Housing tenure is dominated by private renting at 48%, nearly two and a quarter times the national share, while ownership is substantially lower. The employment profile is heavily skewed towards elementary roles at 35%, nearly three and a half times the national average, and plant or machine operatives at 14%—double the national figure. Professional and managerial roles are significantly underrepresented, each at around half the national level.