At a Glance
Average Property Price - DN41
£249,609
27
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN41
£37,768
48
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN41
4.4%
79
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The average property price in DN41 is £250,000, placing it well below the national average and among the cheaper areas in the UK. Over the past decade, prices have grown at 4.4% per annum—a pace that ranks among the fastest-growing districts nationally. Transaction volumes have eased in the latest year, with 92 sales compared to a 10-year average of 113 annually.
Rent & Yield Trends
Average rents in the broader DN postcode area stand at £658 per month, among the lowest in the country. Rental growth over ten years has averaged 3.2% per annum, below the national trend. The rental yield has strengthened to 6.0% in the latest period, up from a ten-year average of 5.1%, reflecting attractive returns for buy-to-let investors.
Income & Affordability Trends
Household income in DN41 is close to the national average at £38,000. Purchase affordability has deteriorated: the price-to-income ratio has risen to 6.6x from 5.6x in 2016, reflecting upward price pressure relative to earnings. Rental affordability, by contrast, has improved slightly, with the rent-to-income ratio falling from 21.3% to 20.5% over the same period.
Resident Demographic Profile
The population is notably older than the national average, with over a quarter aged 65 and above (compared to 19.6% nationally) and a particularly strong concentration in the 50–64 age group at nearly a quarter of residents. Housing tenure reflects strong owner-occupation: 42.5% own their home outright and 34.7% own with a mortgage, well above the national norm for both. The workforce leans towards trades, plant and machine operation, and administrative roles, with a lower proportion of professionals than the national average.