At a Glance
Average Property Price - DN32
£135,739
1
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN32
£28,476
5
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN32
3.4%
44
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
At £136,000, DN32 ranks among the cheapest property markets nationally. Over the past decade, prices have grown at 3.4% annually—close to the national average, reflecting steady but unremarkable appreciation. Transaction activity has softened recently, with 260 sales in the latest year against a 10-year average of 351, suggesting a modest slowdown in trading volume.
Rent & Yield Trends
Average monthly rent of £658 places the area among the most affordable rental markets in the UK. Rent growth has lagged behind the national trend at 3.2% annually over ten years. Yields have strengthened, rising from a 10-year average of 5.1% to 6.0% most recently, reflecting improved returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £28,476 sits well below the national average, placing the area among the lowest-income communities in the country. The price-to-income ratio of 4.5x has deteriorated since 2016 (when it stood at 4.1x), indicating property has become less affordable relative to local earnings. Rental affordability has improved marginally, with rent-to-income ratios falling from 21.3% to 20.5%, easing pressure on renters.
Resident Demographic Profile
The area skews notably older, with 20.5% aged 50–64 and a combined 36.4% aged 50 or over, well above national norms. Private renting is unusually high at 31.5% compared to the national average of 21.7%, whilst owned outright falls to 25.7% from a national average of 33.7%. The employment profile is heavily weighted towards manual and elementary work, with plant/machine operatives and trades workers comprising 29.5% of the workforce—more than double the national share—while professional occupations at 10.1% sit far below the national average of 20.5%.