At a Glance
Average Property Price - DN31
£81,718
0
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN31
£26,959
4
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN31
4.3%
74
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
At £82,000, DN31 ranks among the cheapest locations nationally for property. Despite this low baseline, the area has experienced solid price growth of 4.3% annually over the past decade—a rate better than three-quarters of UK postcodes. Transaction activity has slowed, with 99 sales in the latest year compared to a 10-year average of 133 annually.
Rent & Yield Trends
Average monthly rent across the broader DN postcode is £658, placing it among the lowest-rent areas in the country. Rental growth has been modest at 3.2% annually over ten years, below the national trend. The flat yield currently stands at 6.0%, notably higher than the 5.1% ten-year average, reflecting improved returns for landlords in recent years.
Income & Affordability Trends
Average household income of £27,000 sits well below the national average, placing the area in the bottom 4% nationally. Property remains affordable relative to income at a price-to-income ratio of 3.1x, though affordability has tightened since 2016 when the ratio stood at 2.7x. Rental affordability has marginally improved: the rent-to-income ratio has fallen from 21.3% to 20.5%, suggesting rents have not kept pace with any income gains.
Resident Demographic Profile
The population skews significantly towards manual labour and manufacturing work, with plant and machinery operatives (24%) and elementary roles (22%) together accounting for nearly half of employment—well above national norms. Professional occupations are notably underrepresented at just 6%. The private rental sector is exceptionally dominant at 42%, more than double the national average, whilst outright ownership is well below average at 20%. The population is slightly younger than average, with a notably lower proportion of people aged 65 and over (14% versus 20% nationally).