At a Glance
Average Property Price - DT1
£354,221
57
National percentile
Average Monthly Rent - DT
£1,030
53
National percentile
Average Net Household Income - DT1
£9,693
1
National percentile
Flat / Maisonette Yield - DT
5.1%
24
National percentile
10-Year Annualised Price Growth - DT1
3.6%
49
National percentile
10-Year Annualised Rent Growth - DT
3.6%
33
National percentile
Property Price & Volume Trends
The latest average property price in DT1 is £354,000, close to the national middle ground. Over the past decade, prices have grown at 3.6% annually — slightly below the national average, suggesting steady but unremarkable capital appreciation. Transaction volumes have eased recently, with 371 sales in the latest full year compared to a 10-year average of 471, reflecting softer activity in the local market.
Rent & Yield Trends
Average monthly rent in the broader DT area is £1,030, broadly in line with the national average. Rental growth over the past decade has been 3.6% per year, below the national pace, indicating rents have not kept pace with demand nationally. Yields have improved meaningfully: the flat yield now stands at 5.1%, up from a 10-year average of 4.2%, reflecting a shift in favour of rental investors.
Income & Affordability Trends
Average household income in DT1 is exceptionally low at £9,693 annually — among the lowest in the nation. The price-to-income ratio has deteriorated sharply to 38.3x from just 9.0x in 2016, signalling that homes have become vastly less affordable relative to local earnings. Rental affordability has also worsened, with rents now consuming 31.2% of income against 28.4% in 2016, placing strain on renters despite modest rent levels.
Resident Demographic Profile
The population skews significantly older than national norms: 26% are aged 65 and over, compared to 19.6% nationally, whilst just 8.4% are aged 16–24, well below the 11% national average. Housing tenure reflects an older demographic, with 44.8% owning outright — well above the national 33.7% — and only 14.5% in private rental, below the national 21.7%. The workforce is dominated by professionals (23%, above the national 20.5%) and caring roles (10.7%, above 9.2%), whilst plant and machinery roles (4.3%) are notably underrepresented compared to the national 6.6%.