At a Glance
Average Property Price - DY3
£269,405
33
National percentile
Average Monthly Rent - DY
£864
32
National percentile
Average Net Household Income - DY3
£34,559
29
National percentile
Flat / Maisonette Yield - DY
6.1%
79
National percentile
10-Year Annualised Price Growth - DY3
4.9%
87
National percentile
10-Year Annualised Rent Growth - DY
4.3%
73
National percentile
Property Price & Volume Trends
At £269,000, DY3 sits below the national average—among the more affordable districts nationally. The district has experienced strong 10-year price growth of 4.9% per year, well above the national average, suggesting consistent upward momentum. Transaction activity has declined slightly, with 364 sales in the latest year compared to a 10-year average of 444, reflecting typical fluctuation in trading patterns.
Rent & Yield Trends
Monthly rents of £864 sit below the national average, maintaining affordability for tenants. Rental growth over the past decade has been brisk at 4.3% per year, outpacing most regions nationally. The flat yield currently stands at 6.1%, notably above its 10-year average of 5.4%, reflecting the attractive returns available to investors in this market.
Income & Affordability Trends
Average household income of £35,000 sits notably below the national median, placing the area among less affluent districts. Purchase affordability has improved: the price-to-income ratio of 6.7x is down from 6.9x in 2016, making home ownership modestly more accessible relative to local earnings. Rental affordability has tightened, however—the rent-to-income ratio has risen from 24.4% to 25.3%, indicating rents are consuming a larger share of household income.
Resident Demographic Profile
The population skews notably older, with 23.8% aged 65 and over against the national average of 19.6%, and younger adults aged 16–24 are significantly underrepresented at 8.8% versus 11.0% nationally. Owner-occupancy is strong at 70.2% combined (41.8% outright, 28.4% mortgaged), well above the national norm, while private rental is particularly low at 11.2%. Employment is weighted towards trades (13.6% vs 10.5% nationally) and plant/machine workers (8.3% vs 6.6%), with professional roles notably underrepresented at 16.8% versus 20.5% nationally.