At a Glance
Average Property Price - DN40
£169,186
6
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN40
£31,932
13
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN40
3.9%
63
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The average property price in DN40 is £169,000, placing it well below the national average and among the least expensive areas in the UK. Over the past decade, prices have grown at 3.9% annually—close to the national average, indicating steady but unremarkable appreciation. Transaction activity has eased in the latest year, with 146 sales compared to a 10-year average of 171, suggesting a slight softening in market momentum.
Rent & Yield Trends
Monthly rents average £658, making DN40 among the cheapest rental markets nationally. Rental growth over the past decade has been muted at 3.2% annually, well below the national pace. The flat yield stands at 6.0%, notably above its 10-year average of 5.1%, reflecting an improving income return for landlords—a positive shift driven by rising rents against stable capital values.
Income & Affordability Trends
Average household income is £31,932, significantly below the national average and placing the area among lower-income regions. The price-to-income ratio of 5.3x has deteriorated since 2016, when it stood at 4.5x, indicating that property has become less affordable relative to earnings over this period. Conversely, rental affordability has improved: the rent-to-income ratio has fallen from 21.3% to 20.5%, suggesting rents have grown more slowly than incomes.
Resident Demographic Profile
The population skews older than average, with those aged 50 and above representing 43.5% compared to the national figure of 39.4%. The working-age group aged 16–24 is notably underrepresented at 8.5% versus 11.0% nationally. Employment is heavily weighted towards plant and machine operations (17.9%), far above the national average of 6.6%, and elementary work (15.2%), reflecting the area's industrial character. Professional occupations are significantly underrepresented at 9.3% compared to 20.5% nationally. Housing tenure is more owner-occupied than average, with 66.8% owning their home outright or with a mortgage against the national norm of 60.7%.