At a Glance
Average Property Price - DN8
£319,045
48
National percentile
Average Monthly Rent - DN
£658
2
National percentile
Average Net Household Income - DN8
£32,049
14
National percentile
Flat / Maisonette Yield - DN
6.0%
69
National percentile
10-Year Annualised Price Growth - DN8
11.4%
100
National percentile
10-Year Annualised Rent Growth - DN
3.2%
14
National percentile
Property Price & Volume Trends
The latest average property price in DN8 is £319,000, close to the national median. However, the area has experienced exceptional growth over the past decade: prices have risen at an annualised rate of 11.4%, placing it among the fastest-growing areas nationally. Transaction activity has slowed recently, with 199 sales in the latest year compared to a 10-year average of 244 per year.
Rent & Yield Trends
Average monthly rent in the broader DN postcode area is £658, significantly below the national average. Rental growth over the past decade has been modest at 3.2% annually, well below the national trend. The flat yield currently stands at 6.0%, above its 10-year average of 5.1%, signalling improving returns for landlords.
Income & Affordability Trends
Average household income in DN8 is £32,049, notably below the national average. The price-to-income ratio of 4.4x reflects reasonable purchase affordability and has improved since 2016 when it stood at 4.6x. Rental affordability has also strengthened: the rent-to-income ratio has improved from 21.3% in 2016 to 20.5% today.
Resident Demographic Profile
The age profile is notably skewed toward older residents, with 21.2% aged 50–64 and 20.6% aged 65 and over, both well above national averages. The 16–24 age group is under-represented at 9.6%. The employment structure is distinctive, with a higher proportion in trades (13.1%), plant and machine operation (12.7%), and elementary work (17.5%), while professional occupations are significantly under-represented at 9.6%.