At a Glance
Average Property Price - DY1
£221,977
18
National percentile
Average Monthly Rent - DY
£864
32
National percentile
Average Net Household Income - DY1
£32,027
14
National percentile
Flat / Maisonette Yield - DY
6.1%
79
National percentile
10-Year Annualised Price Growth - DY1
4.8%
85
National percentile
10-Year Annualised Rent Growth - DY
4.3%
73
National percentile
Property Price & Volume Trends
The latest average property price in DY1 is £222,000, placing it well below the national average. The postcode has delivered robust price growth over the past decade, with annualised gains of 4.8% — among the strongest nationally. However, transaction activity has eased markedly, with 220 sales recorded in the latest full year compared to an average of 329 annually over the preceding ten years.
Rent & Yield Trends
Average monthly rents in the broader DY postcode area stand at £864, below the national midpoint. Rental growth over ten years has been solid at 4.3% annualised, outpacing the national average. The flat yield has improved to 6.1%, up from a ten-year average of 5.4%, reflecting strengthening rental returns relative to capital values.
Income & Affordability Trends
Average household net income is £32,027, notably below the national average. The price-to-income ratio of 6.7x means properties now require significantly more income to afford than in 2016, when the ratio stood at 5.6x — a material deterioration in purchase affordability. Rental affordability has also tightened, with rents now consuming 25.3% of income against 24.4% six years ago.
Resident Demographic Profile
The population skews younger than the national average, with over a fifth (21.8%) aged under 15. Social rented housing is notably prevalent, at 29.6% of the tenure mix — nearly double the national share — while outright ownership is correspondingly lower at 25.8%. Employment is weighted towards trades (11.6%), plant and machine operation (11.9%), and elementary work (14.3%), with professional employment (15.2%) and managerial roles (8.2%) both below national norms.