At a Glance
Average Property Price - DN21
£194,236
10
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN21
£33,866
24
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN21
3.5%
46
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The average property price in DN21 is £194,000, placing it among the cheapest in the country. Ten-year annualised growth has averaged 3.5%, broadly in line with the national pace. Transaction volumes have slowed compared to the long-term average, with 535 sales in the latest full year against a ten-year average of 659.
Rent & Yield Trends
Average monthly rent in the DN postcode area is £658, placing it among the lowest-cost rental markets nationally. Rents have grown at 3.2% annually over a decade, below the national average growth rate. The flat yield has recently improved to 6.0%, up from a ten-year average of 5.1%, reflecting favourable conditions for buy-to-let investors.
Income & Affordability Trends
Average net household income is £34,000, below the national average. The price-to-income ratio stands at 5.5x, which has deteriorated slightly since 2016 (when it was 5.2x), indicating homes have become modestly less affordable relative to earnings. Rental affordability has improved marginally: the rent-to-income ratio has fallen from 21.3% in 2016 to 20.5% today.
Resident Demographic Profile
The population skews noticeably older, with those aged 50 and over comprising 44.4% compared to 39.4% nationally. The 16–24 age group is significantly underrepresented at 8.9% versus 11.0% nationally. The workforce shows a higher concentration in trades (13.5%) and elementary roles (11.8%), alongside above-average representation in caring professions (11.6%), while professional occupations (14%) and managerial positions (11.6%) are both below the national average.