At a Glance
Average Property Price - DY8
£284,306
38
National percentile
Average Monthly Rent - DY
£864
32
National percentile
Average Net Household Income - DY8
£36,854
43
National percentile
Flat / Maisonette Yield - DY
6.1%
79
National percentile
10-Year Annualised Price Growth - DY8
4.0%
66
National percentile
10-Year Annualised Rent Growth - DY
4.3%
73
National percentile
Property Price & Volume Trends
The average property price in DY8 is £284,000, positioning it below the national average and among the more affordable districts across England. Over the past decade, prices have grown at 4.0% annually—comfortably above the national median, reflecting stronger-than-average capital appreciation over the period. Transaction activity has moderated recently, with 630 sales recorded in the latest full year compared to a 10-year average of 810, suggesting a slower current market pace.
Rent & Yield Trends
Average monthly rent stands at £864, below the national average and among the cheaper areas for renters. Rent growth over the past decade has been notably strong at 4.3% annually, well above the national trend. The flat yield has improved to 6.1%, up from a 10-year average of 5.4%, indicating that rental returns are now more attractive relative to historical performance.
Income & Affordability Trends
Average household income of £36,854 is slightly below the national median, positioning the area in the lower-middle range across England. The price-to-income ratio of 7.5x has worsened since 2016 (when it stood at 7.0x), reflecting the fact that property prices have outpaced income growth. Rental affordability has also softened; the rent-to-income ratio has risen from 24.4% in 2016 to 25.3% today, indicating that a larger share of household income is now needed to cover rental costs.
Resident Demographic Profile
The population skews older, with 22% aged 65 and above—notably higher than the 19.6% national average—and a corresponding shortfall among 16–24 year-olds (8.7% against 11.0% nationally). Owner-occupation is strong, with 37.9% owning outright and 30.8% with a mortgage, reflecting a more stable and long-established residential base. The workforce is slightly weighted towards professionals (21.7%) and skilled trades (11.1%), with notably fewer in elementary roles (8.3% versus 10.2% nationally).