Property trends for DN35

    DN35 covers the Immingham and Killingholme area, situated in North Lincolnshire on the south bank of the Humber Estuary. The district is characterised by industrial heritage and a working-class community with strong ties to manufacturing, energy, and logistics.

    At a Glance

    Average Property Price - DN35

    £177,203

    7

    National percentile

    Average Monthly Rent - DN

    £658

    2

    National percentile

    Average Net Household Income - DN35

    £19,736

    2

    National percentile

    Flat / Maisonette Yield - DN

    6.0%

    69

    National percentile

    10-Year Annualised Price Growth - DN35

    3.2%

    35

    National percentile

    10-Year Annualised Rent Growth - DN

    3.2%

    14

    National percentile

    Property Price & Volume Trends

    The average property price in DN35 is £177,000, placing it among the cheapest areas nationally. Over the past decade, prices have grown by 3.2% annually—a pace below the national average. Transaction activity has softened in the latest year, with 411 sales compared to a 10-year average of 523, suggesting a moderately quieter market.

    Rent & Yield Trends

    Average monthly rents in the broader DN postcode area stand at £658, well below the national average. Rental growth over ten years has been modest at 3.2% annually, also lagging national trends. The current flat yield of 6.0% exceeds its 10-year average of 5.1%, indicating improving returns for buy-to-let investors in this market.

    Income & Affordability Trends

    Average household income of £19,736 is significantly below the national average, reflecting the area's working-class character. Purchase affordability has deteriorated: the price-to-income ratio has risen from 5.4x in 2016 to 8.2x today, making homeownership harder relative to local earnings. Rental affordability has improved slightly, with the rent-to-income ratio declining from 21.3% to 20.5% over the same period.

    Resident Demographic Profile

    The population skews notably older, with 23.5% aged 65 and over compared to the national average of 19.6%, while the 16–24 age group is underrepresented at 8.6% against 11% nationally. Outright home ownership is above average at 35.2%, though private rental is elevated at 26.7%. The employment profile is heavily weighted towards manual and processing roles: plant and machine operators comprise 15.3% of the workforce (more than double the national 6.6%), and elementary occupations account for 13.7% against a national average of 10.2%, while professional roles are significantly underrepresented at 11% against 20.5% nationally.

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