At a Glance
Average Property Price - DY5
£218,228
17
National percentile
Average Monthly Rent - DY
£864
32
National percentile
Average Net Household Income - DY5
£31,846
13
National percentile
Flat / Maisonette Yield - DY
6.1%
79
National percentile
10-Year Annualised Price Growth - DY5
4.8%
86
National percentile
10-Year Annualised Rent Growth - DY
4.3%
73
National percentile
Property Price & Volume Trends
At £218,000, DY5 is among the most affordable in the country. However, the area has delivered strong long-term growth: prices have risen at an annualised rate of 4.8% over the past decade, placing it in the fastest-growing fifth of UK postcodes. Annual transactions have eased to 357 in the latest full year, down from a ten-year average of 494, reflecting recent softness in market activity.
Rent & Yield Trends
Average monthly rent of £864 sits below the national midpoint. Rental growth has been robust at 4.3% annually over ten years, outpacing the wider national trend. The flat yield currently stands at 6.1%, notably above its ten-year average of 5.4%, reflecting attractive returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £32,000 is substantially below the national average, placing DY5 in the lowest income percentile. The price-to-income ratio stands at 6.2x, having risen from 5.2x in 2016, indicating that property affordability for owner-occupiers has tightened. Rental affordability has also deteriorated: the rent-to-income ratio is now 25.3%, up from 24.4% in 2016.
Resident Demographic Profile
The population skews slightly younger than average, with 19.4% aged under 15 compared to the national 17.5%. The tenure mix is markedly distinctive: social rented housing accounts for 26.3% of the population, nearly 10 percentage points above the national average, whilst private renting is notably lower at 18.3%. Employment is heavily weighted towards manual and skilled trades, with 13.4% in trades occupations (against a national 10.5%) and 10.8% in plant and machine roles, whilst professional occupations are underrepresented at 13.2% against the national 20.5%.