At a Glance
Average Property Price - NE10
£158,785
4
National percentile
Average Monthly Rent - NE
£830
23
National percentile
Average Net Household Income - NE10
£31,483
12
National percentile
Flat / Maisonette Yield - NE
6.0%
74
National percentile
10-Year Annualised Price Growth - NE10
3.4%
42
National percentile
10-Year Annualised Rent Growth - NE
4.0%
54
National percentile
Property Price & Volume Trends
The latest average property price in NE10 is £159,000, placing it among the cheapest nationally. Over the past decade, prices have grown at 3.4% annually—close to the national average, indicating steady but unspectacular appreciation. Transaction volumes have declined slightly, with 278 sales in the latest full year compared to a 10-year average of 344, suggesting somewhat softer market activity.
Rent & Yield Trends
Average monthly rents in the broader NE area stand at £830, below the national median. Rental growth over the past decade has been 4.0% annually, tracking the national trend closely. The flat yield has improved, rising to 6.0% from a 10-year average of 5.3%, reflecting the combination of modest property values and stable rental income.
Income & Affordability Trends
Average household income in NE10 is £31,483, well below the national average. The price-to-income ratio of 4.4x has improved slightly from 4.5x in 2016, indicating modest gains in purchase affordability. However, rental affordability has deteriorated: the rent-to-income ratio has risen from 24.1% to 26.2%, suggesting rents are consuming a larger share of household earnings.
Resident Demographic Profile
The area has a notably higher concentration of older residents—those aged 50–64 represent 20.7% of the population compared to the national average of 19.8%. Social rented housing dominates tenure, at 35.7% versus the national average of 16.5%, while outright ownership is significantly lower at 25.1%. Professionally qualified workers are markedly underrepresented at 15.8% (against 20.5% nationally), and elementary and caring occupations are overrepresented, reflecting a working-class demographic profile.