At a Glance
Average Property Price - DN7
£201,187
13
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN7
£33,924
25
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN7
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 DN7 is £201,000, placing it among the cheapest nationally. Over the past decade, prices have grown by 3.9% annually—a rate slightly above the national average, suggesting modest but consistent appreciation. Transaction activity has slowed compared to the long-term trend, with 282 sales in the latest year against an average of 346 over the past ten years.
Rent & Yield Trends
Average monthly rent in the DN postcode area is £658, among the lowest rents nationally. Rental growth over the past decade has been 3.2% annually, below the national average, indicating relatively stagnant rental market pressure. The flat yield stands at 6.0%, notably higher than the ten-year average of 5.1%, reflecting improving returns for landlords despite modest rent growth.
Income & Affordability Trends
Average net household income is £34,000, below the national average. The price-to-income ratio has worsened from 5.2x in 2016 to 6.0x today, indicating that properties have become less affordable relative to local earnings despite modest price growth. Rental affordability, however, has improved slightly: the rent-to-income ratio has fallen from 21.3% to 20.5%, suggesting rents are taking up a smaller share of household income.
Resident Demographic Profile
The population skews slightly older, with 20.7% aged 50–64 and 19.3% aged 65+, both marginally above national averages. Young adults aged 16–24 are underrepresented at 9.6%, below the national norm of 11%. Home ownership is stronger than average, with 36.6% owning outright; conversely, private renting is notably lower at 17% compared to the national 21.7%. The employment profile is skewed towards trades (13% against 10.5% nationally) and elementary occupations (16.6% against 10.2%), whilst professionals are underrepresented at 10.7% versus 20.5% nationally.