At a Glance
Average Property Price - DN18
£209,701
15
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN18
£35,246
33
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN18
4.0%
67
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The latest average property price in DN18 is £210,000, placing it among the cheapest areas nationally. Over the past decade, prices have grown at 4.0% per year—slightly above the national trend. Transaction activity has softened recently, with 179 sales in the latest full year compared to a 10-year average of 244 annually.
Rent & Yield Trends
Average monthly rent in the broader DN postcode area stands at £658, among the most affordable in the UK. Rental growth over the past decade has been subdued at 3.2% per year, well below the national average. The current flat yield of 6.0% is notably higher than its 10-year average of 5.1%, reflecting improved returns for buy-to-let investors.
Income & Affordability Trends
Average household income is £35,246, below the national average. The current price-to-income ratio of 5.6x has worsened since 2016 (when it stood at 5.0x), making property ownership less affordable relative to local earnings. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 21.3% in 2016 to 20.5% today.
Resident Demographic Profile
The population is notably older than the national average, with 22.9% aged 65 and over compared to 19.6% nationally, and 22.2% aged 50–64 versus 19.8% nationally. Conversely, the young adult population aged 16–24 is significantly underrepresented at 8.3% against a national average of 11.0%. Owner-occupation is above average at 69.2% (outright plus mortgaged), while skilled trades and plant/machinery operatives are more prevalent in the employment mix than the national norm.