At a Glance
Average Property Price - DT8
£404,253
68
National percentile
Average Monthly Rent - DT
£1,030
53
National percentile
Average Net Household Income - DT8
£36,864
43
National percentile
Flat / Maisonette Yield - DT
5.1%
24
National percentile
10-Year Annualised Price Growth - DT8
4.5%
80
National percentile
10-Year Annualised Rent Growth - DT
3.6%
33
National percentile
Property Price & Volume Trends
The average property price of £404,253 sits above the national midpoint, reflecting above-average values for the region. Over the past decade, prices have grown at 4.5% per annum—a notably stronger pace than the national average. However, annual transaction volumes have softened recently, with 90 sales in the latest year compared to a 10-year average of 116, suggesting a tightening of market activity.
Rent & Yield Trends
Average monthly rent of £1,030 is broadly in line with the national median, neither notably cheap nor expensive. Rental growth over the past decade has been modest at 3.6% per annum, below the national trend. The current flat yield of 5.1% is a marked improvement on the 10-year average of 4.2%, indicating strengthening rental returns despite modest rent growth.
Income & Affordability Trends
Average household net income of £36,864 sits slightly below the national average, placing the area in the lower-middle income bracket nationally. The price-to-income ratio has deteriorated from 9.6x in 2016 to 11.6x today, making property purchase increasingly stretched relative to local earnings. Rental affordability has also declined, with the rent-to-income ratio rising from 28.4% to 31.2% over the same period, suggesting rental costs now consume a larger share of household budgets.
Resident Demographic Profile
The population is notably older, with nearly a third (33.4%) aged 65 and over—far above the national average of 19.6%—whilst under-25s are significantly underrepresented. Housing tenure is dominated by outright ownership at 49.6%, nearly half again the national average, reflecting the area's mature demographic. The employment mix is skewed toward skilled trades at 18.4% (well above the 10.5% national average) and managers at 16.3%, whilst professional and technical roles are proportionally fewer than nationally.