At a Glance
Average Property Price - DT2
£418,464
70
National percentile
Average Monthly Rent - DT
£1,030
53
National percentile
Average Net Household Income - DT2
£38,992
54
National percentile
Flat / Maisonette Yield - DT
5.1%
24
National percentile
10-Year Annualised Price Growth - DT2
2.6%
17
National percentile
10-Year Annualised Rent Growth - DT
3.6%
33
National percentile
Property Price & Volume Trends
The latest average property price in DT2 is £418,000, placing it among the most expensive nationally. Over the past decade, prices have grown at an annualised rate of 2.6%, significantly below the national pace. Transaction activity has softened recently, with 331 sales in the latest full year compared to a 10-year average of 401 per year.
Rent & Yield Trends
Average monthly rent across the DT postcode area stands at £1,030, close to the national median. Rents have grown at 3.6% per year over a decade, below the national average growth rate. The current flat yield of 5.1% is notably above its 10-year average of 4.2%, reflecting improved rental returns for investors.
Income & Affordability Trends
Average household income in DT2 is £38,992, broadly in line with the national median. Purchase affordability has deteriorated: the price-to-income ratio has risen from 10.0x in 2016 to 11.2x today, making homes progressively harder to access relative to local earnings. Rental affordability has also worsened, with rents consuming 31.2% of household income compared to 28.4% in 2016.
Resident Demographic Profile
DT2 has a notably older population, with nearly three in ten residents aged 65 and over—well above the national average of one in five. The working-age cohort is correspondingly smaller, particularly those aged 16–24. Housing tenure is heavily weighted towards outright ownership at 46.5%, significantly higher than the national figure of 33.7%. The employment mix is marked by an unusually high proportion of trade and craft workers at 14.9%, alongside a above-average concentration of managers and professionals, while sales and plant-operation roles are comparatively underrepresented.