At a Glance
Average Property Price - DY4
£206,818
14
National percentile
Average Monthly Rent - DY
£864
32
National percentile
Average Net Household Income - DY4
£31,060
11
National percentile
Flat / Maisonette Yield - DY
6.1%
79
National percentile
10-Year Annualised Price Growth - DY4
5.6%
95
National percentile
10-Year Annualised Rent Growth - DY
4.3%
73
National percentile
Property Price & Volume Trends
The latest average price of £207,000 places DY4 among the most affordable areas nationally. Annual price growth has averaged 5.6% over the past decade, significantly outpacing the national trend and ranking among the strongest performers. Transaction activity has slowed notably: 281 sales in the latest year represent a 32% fall from the ten-year average of 415 per annum.
Rent & Yield Trends
Average monthly rents of £864 sit below the national mid-point, reflecting the area's affordable character. Rental growth has averaged 4.3% annually over ten years, comfortably above the national pace. The flat yield of 6.1% sits above its ten-year average of 5.4%, signalling improving returns for buy-to-let investors as capital values have stabilised.
Income & Affordability Trends
Average household income of £31,060 sits well below the national average, placing DY4 among the lower-income areas nationally. The price-to-income ratio of 6.2x has risen sharply from 4.7x in 2016, reflecting slower wage growth relative to property price gains and tighter purchase affordability. Rental affordability has also deteriorated slightly: the rent-to-income ratio has increased from 24.4% in 2016 to 25.3% today.
Resident Demographic Profile
DY4 has a notably younger age profile, with 22.6% of residents under 15 compared to 17.5% nationally. The housing tenure is dominated by social rented accommodation at 32%, more than double the national average of 16.5%, whilst outright ownership at 22.4% is notably below the national figure of 33.7%. Employment is heavily skewed toward manual and elementary roles: plant and machine operatives account for 14.8% of the workforce (more than double the national 6.6%), whilst elementary occupations represent 15.7% against a national 10.2%; by contrast, professionals make up only 11.4% compared to 20.5% nationally.