At a Glance
Average Property Price - DN39
£248,014
27
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN39
£33,637
23
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN39
3.5%
46
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The average property price in DN39 is £248,000, placing it well below the national average and among the most affordable areas nationwide. Over the past decade, prices have grown at 3.5% per year, broadly in line with the UK average. Transaction activity has softened recently, with 39 sales in the latest year compared to a 10-year average of 53 per year.
Rent & Yield Trends
Rents in the DN postcode area average £658 per month, significantly below the national average and among the lowest in the country. Rental growth over ten years has been modest at 3.2% annually, below the national pace. The current flat yield of 6.0% is notably above its 10-year average of 5.1%, reflecting a strengthening returns environment for landlords.
Income & Affordability Trends
Average net household income in DN39 stands at £33,637, below the national average and in the lower quartile nationally. Property remains relatively affordable: the price-to-income ratio of 7.3x is elevated compared to 2016 (5.9x), indicating that purchase affordability has worsened as prices have outpaced income growth. Conversely, rental affordability has improved slightly, with rent now consuming 20.5% of household income versus 21.3% a decade ago.
Resident Demographic Profile
The population is notably older than the national average, with those aged 50–64 representing nearly a quarter of residents (against a national 19.8%) and the 65+ group forming 22.4% of the population. The 16–24 age bracket is significantly underrepresented at 7.5%, well below the national 11%. Home ownership is strong: 40.3% own outright and 29.8% own with a mortgage, together accounting for 70% of the housing stock. The employment profile is distinctive for its substantial trades (13.1%) and plant/machine operator (14.2%) workforce, reflecting the area's industrial base; professional occupations are proportionally lower at 12.6%.