At a Glance
Average Property Price - NE11
£184,538
8
National percentile
Average Monthly Rent - NE
£830
23
National percentile
Average Net Household Income - NE11
£34,075
26
National percentile
Flat / Maisonette Yield - NE
6.0%
74
National percentile
10-Year Annualised Price Growth - NE11
4.0%
67
National percentile
10-Year Annualised Rent Growth - NE
4.0%
54
National percentile
Property Price & Volume Trends
The average property price of £185,000 sits well below the national average, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 4.0% annually—broadly in line with national trends. Transaction volumes have eased slightly, with 187 sales in the latest year compared to a 10-year average of 208 per annum.
Rent & Yield Trends
Average monthly rent of £830 is notably below the national median, reflecting the area's overall affordability profile. Rental growth over the past decade has matched the national rate at 4.0% annually. The flat yield of 6.0% is currently above its 10-year average of 5.3%, indicating favourable returns for buy-to-let investors relative to the recent past.
Income & Affordability Trends
Average household income of £34,075 is below the national average, placing the area in the lower-income quartile nationally. The price-to-income ratio of 5.8x has risen since 2016 (when it stood at 4.6x), signalling that property affordability for owner-occupiers has tightened over the period. Rental affordability has similarly declined: the rent-to-income ratio has edged up from 24.1% in 2016 to 26.2% today.
Resident Demographic Profile
The age profile skews notably towards working-age adults, with those aged 35–49 representing 21.5% of the population—well above the national average of 18.7%—while the 16–24 cohort is underrepresented at 9.1%. Housing tenure is dominated by mortgaged and socially rented properties: 28.7% own with a mortgage and 28.1% live in social housing, the latter substantially above the national figure of 16.5%, while outright ownership at 24.4% is notably below average. The employment mix is relatively balanced, though the area shows slightly higher concentrations in sales roles (10.2% versus 7.3% nationally) and elementary occupations (11.2% versus 10.2%).