At a Glance
Average Property Price - DY2
£197,830
11
National percentile
Average Monthly Rent - DY
£864
32
National percentile
Average Net Household Income - DY2
£31,576
12
National percentile
Flat / Maisonette Yield - DY
6.1%
79
National percentile
10-Year Annualised Price Growth - DY2
5.6%
94
National percentile
10-Year Annualised Rent Growth - DY
4.3%
73
National percentile
Property Price & Volume Trends
At £198,000, DY2 sits well below the national average—among the cheapest tenth of postcodes nationally. Over the past decade, prices have grown at 5.6% per year, placing it among the fastest-growing postcodes in the country and well above the national trend. Transaction activity has slowed noticeably in the latest year, with 222 sales against a ten-year average of 334, reflecting softer recent market conditions.
Rent & Yield Trends
Average monthly rent of £864 is below the national midpoint, reflecting the area's affordable character. Rental growth over ten years has been solid at 4.3% per year, outpacing the national average. Yields have improved materially: the latest flat yield of 6.1% is notably above the ten-year average of 5.4%, signalling strengthening returns for buy-to-let investors as rents have kept pace with modest capital growth.
Income & Affordability Trends
Household income at £31,576 is well below the national average, placing the area among the lower-income tenth nationally. The price-to-income ratio has risen from 5.0x in 2016 to 6.0x today, indicating that property affordability has worsened relative to earnings over the past seven years. Rental affordability has similarly tightened: renters now spend 25.3% of gross income on rent, up from 24.4% in 2016.
Resident Demographic Profile
The population skews notably younger, with over a fifth aged under 15 compared to the national average of 17.5%, and fewer residents aged 65+ at 14.7% versus 19.6% nationally. Social renting is substantially above average at 26.7% against a national 16.5%, whilst outright ownership is proportionally lower at 27.6%. The employment profile is heavily weighted towards manual and elementary occupations: trades workers make up 12.3% of the workforce (above the 10.5% national figure), plant and machine operatives account for 13.5% (double the national 6.6%), and elementary occupations represent 14.4% versus 10.2% nationally. Professional roles are underrepresented at 12.5% against a national 20.5%.