At a Glance
Average Property Price - DY9
£408,942
69
National percentile
Average Monthly Rent - DY
£864
32
National percentile
Average Net Household Income - DY9
£39,658
57
National percentile
Flat / Maisonette Yield - DY
6.1%
79
National percentile
10-Year Annualised Price Growth - DY9
4.4%
77
National percentile
10-Year Annualised Rent Growth - DY
4.3%
73
National percentile
Property Price & Volume Trends
The average property price in DY9 stands at £409,000, placing it above the national midpoint and among the more expensive districts nationally. Over the past decade, prices have grown at 4.4% annually—a rate that outpaces the majority of UK postcodes. Transaction activity has slowed notably, with 276 sales in the latest full year compared to an average of 419 over the previous ten years, reflecting softer recent market conditions.
Rent & Yield Trends
Monthly rents in the broader DY postcode area average £864, sitting below the national median and among the cheaper rental markets. Rental growth over ten years has been strong at 4.3% annually, significantly above the national average. The flat yield has improved to 6.1%, up from a ten-year average of 5.4%, indicating a favourable shift in rental returns relative to property values.
Income & Affordability Trends
Average household income of £40,000 is close to the national median, placing the area in the middle band nationally. Purchase affordability has improved: the price-to-income ratio has fallen from 9.8x in 2016 to 9.1x today, suggesting homes have become slightly easier to afford relative to earnings. Rental affordability has edged in the opposite direction—the rent-to-income ratio has risen from 24.4% to 25.3%—indicating a modest increase in the proportion of income needed to cover rent.
Resident Demographic Profile
The population skews notably older than the national average: those aged 65 and over account for 22.6% (compared to 19.6% nationally), whilst the 16–24 age group is underrepresented at 9.2% versus 11.0% nationally. Housing tenure shows a significantly higher rate of outright ownership at 40.1% versus 33.7% nationally, with correspondingly lower private renting at 14.8% versus 21.7% nationally. The employment profile is distinguished by a higher proportion of managers at 16.3% versus 13.4% nationally, and noticeably fewer people in elementary occupations at 8.1% versus 10.2% nationally.