At a Glance
Average Property Price - HD7
£250,268
28
National percentile
Average Monthly Rent - HD
£747
17
National percentile
Average Net Household Income - HD7
£39,621
56
National percentile
Flat / Maisonette Yield - HD
5.5%
47
National percentile
10-Year Annualised Price Growth - HD7
5.1%
91
National percentile
10-Year Annualised Rent Growth - HD
3.9%
51
National percentile
Property Price & Volume Trends
The latest average property price in HD7 is £250,000, placing it below the national average. Over the past decade, the area has experienced strong price growth of 5.1% annually—among the fastest-growing areas nationally. However, transaction activity has softened recently, with 323 sales in the latest full year compared to a 10-year average of 405 per year.
Rent & Yield Trends
Average monthly rent across the broader HD postcode stands at £747, well below the national average. Rental growth has been moderate at 3.9% annually over the past decade, in line with national trends. The current flat yield of 5.5% is above its 10-year average of 5.0%, reflecting improving returns for landlords.
Income & Affordability Trends
Average net household income is £39,621, slightly above the national median. Affordability for buyers has deteriorated: the price-to-income ratio has risen from 4.9x in 2016 to 6.0x today, indicating homes have become significantly less affordable relative to earnings. Rental affordability, by contrast, has improved modestly—the rent-to-income ratio has fallen from 21.2% to 20.7%.
Resident Demographic Profile
The population skews notably older than average, with those aged 50–64 representing 23.2% (versus 19.8% nationally) and those 65+ accounting for 21.6% (versus 19.6% nationally). The 16–24 age group is underrepresented at 8.4%. Housing tenure is marked by strong owner-occupation: 41.8% own their homes outright, well above the national 33.7%, and 34.2% own with a mortgage. The workforce is skewed towards professional and managerial roles, which together account for 38.2% of employment, compared to 33.9% nationally.