At a Glance
Average Property Price - DN15
£187,608
9
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN15
£32,799
17
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN15
4.1%
71
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The average property price of £188,000 places DN15 among the most affordable districts nationally. Over the past decade, prices have grown at 4.1% annually—a pace slightly above the national trend. However, transaction activity has slowed: 383 sales were recorded in the latest year, compared with an annual average of 445 over the previous ten years.
Rent & Yield Trends
Rental costs in the broader DN postcode area average £658 per month, placing it among the cheapest in the country. Rents have grown at 3.2% per year over the past decade—below the national average. The flat yield currently stands at 6.0%, a notable improvement on the ten-year average of 5.1%, reflecting stronger rental returns relative to property values.
Income & Affordability Trends
Average household income of £33,000 falls below the national average. Purchase affordability has tightened since 2016: the price-to-income ratio has risen from 4.7x to 5.3x, indicating that property has become more expensive relative to local earnings. By contrast, rental affordability has improved slightly, with the rent-to-income ratio falling from 21.3% to 20.5%.
Resident Demographic Profile
The working-age population is notably skewed towards routine and manual occupations, with elementary roles representing 20.5% of employment—double the national average—and plant/machine operatives at 19.5%, also nearly three times the national figure. Professional occupations are significantly underrepresented at just 10.6%. The private rental sector is unusually prominent at 26.2% of the housing stock, and mortgage ownership below average at 23.6%, while social rented housing at 18.8% is above the national norm.