At a Glance
Average Property Price - DN22
£255,660
29
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN22
£38,363
51
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN22
3.9%
62
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The latest average property price in DN22 is £256,000, placing it well below the national average and among the more affordable areas nationally. Over the past decade, prices have grown at 3.9% annually, a pace slightly faster than half of all UK postcode districts. Transaction volumes have eased in recent years, with 468 sales recorded in the latest full year compared to an average of 624 over the preceding decade.
Rent & Yield Trends
Monthly rents in the broader DN area average £658, placing them among the cheapest across the UK. Rental growth over the past decade has been modest at 3.2% annually, below the national pace. Yields have strengthened, currently standing at 6.0% compared to a 10-year average of 5.1%, reflecting improved rental income relative to property prices.
Income & Affordability Trends
Average household income in DN22 is £38,363, broadly in line with the national median. Purchase affordability has remained relatively stable; the current price-to-income ratio of 6.3x is marginally higher than the 6.2x recorded in 2016, indicating modest pressure on buyer purchasing power. Rental affordability has improved over the same period, with the rent-to-income ratio falling from 21.3% to 20.5%, making renting proportionally more manageable.
Resident Demographic Profile
DN22 has a notably older population profile, with over a quarter aged 65 and above—well above the national average of 19.6%—and a particularly low proportion of young adults aged 16–24 at just 8.3%. Housing tenure is marked by exceptionally high outright ownership at 40.9% compared to 33.7% nationally, alongside slightly elevated mortgage ownership, suggesting a population of established homeowners. The employment mix leans towards skilled trades at 12.9% and caring professions at 11.3%, both above national norms, while professional employment is below average at 15.8%.