At a Glance
Average Property Price - DN37
£229,241
21
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN37
£35,624
35
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN37
3.0%
30
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The average property price in DN37 is £229,000, placing it among the cheapest nationally. Over the past decade, prices have grown at 3.0% annually, which is below the national average pace. Transaction activity has softened recently, with 256 sales in the latest year compared to a 10-year average of 315—a decline of about 19% that reflects broader market caution.
Rent & Yield Trends
Average monthly rent in the broader DN area stands at £658, among the lowest rents recorded nationally. Over ten years, rents have risen at 3.2% annually, slower than the UK average. The flat yield currently sits at 6.0%, notably above its 10-year average of 5.1%, signalling improved returns for landlords in recent conditions.
Income & Affordability Trends
Average household income of £35,624 is below the national median, positioning the area in the lower third nationally. The price-to-income ratio of 6.3x has deteriorated since 2016 (when it stood at 5.4x), indicating that property has become less affordable relative to local earnings. Conversely, rental affordability has improved: the rent-to-income ratio has fallen from 21.3% to 20.5%, a modest but positive shift.
Resident Demographic Profile
The age profile is notably skewed towards older residents: those aged 50–64 represent 23.5% (well above the national 19.8%), and those 65+ account for 25.4% compared to 19.6% nationally. The 16–24 age group is significantly underrepresented at 8% versus the national 11.0%. Housing tenure shows a strong preference for outright ownership at 42.6%—9 percentage points above the national average—while private rented housing is correspondingly lower at 14.9%. Employment leans towards blue-collar and plant operation roles, with trades at 11.8% and plant/machine operators at 11.4%, both slightly above national averages.