At a Glance
Average Property Price - DN2
£185,206
9
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN2
£33,433
22
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN2
4.4%
78
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The latest average property price in DN2 is £185,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 4.4% per year—faster than the national average, reflecting steady but modest capital appreciation. Transaction volumes have eased recently; the latest full year saw 232 sales compared to a 10-year average of 312 per year.
Rent & Yield Trends
Average monthly rent across the DN postcode area stands at £658, well below the national average and among the lowest in the country. Rental growth over the past decade has been modest at 3.2% per year, slower than the national trend. The flat yield has improved to 6.0% from a 10-year average of 5.1%, reflecting the stronger rental income relative to property values in this market.
Income & Affordability Trends
Average net household income is £33,433, significantly below the national average. The price-to-income ratio of 5.5x represents a deterioration from 4.8x in 2016, indicating homes have become less affordable relative to earnings over that period. Rental affordability has improved slightly; the rent-to-income ratio has eased to 20.5% from 21.3% in 2016.
Resident Demographic Profile
The population skews slightly older, with under-15s at 19.5% (above average) and those aged 65+ at 15.8% (below average). The most distinctive feature is the employment mix: elementary occupations account for 24.4% of the workforce—more than double the national average of 10.2%—while plant and machine operatives represent 12.3% against a national 6.6%. Professional occupations are underrepresented at 11.4% versus the national 20.5%. Housing tenure is relatively balanced, with notably higher social rented housing at 21% compared to the national 16.5%.