At a Glance
Average Property Price - NE19
£257,920
30
National percentile
Average Monthly Rent - NE
£830
23
National percentile
Average Net Household Income - NE19
£38,071
49
National percentile
Flat / Maisonette Yield - NE
6.0%
74
National percentile
10-Year Annualised Price Growth - NE19
-0.6%
2
National percentile
10-Year Annualised Rent Growth - NE
4.0%
54
National percentile
Property Price & Volume Trends
The average property price in NE19 is £258,000, placing it in the lower third of the national market. Prices have declined slightly over the past decade, falling at an annualised rate of 0.6%—among the slowest declines nationally. Transaction activity has remained stable, with 26 sales in the latest full year matching the 10-year average, suggesting a steady if modest market.
Rent & Yield Trends
Monthly rents across the broader NE postcode area average £830, below the national norm. Rental growth has been moderate at 4.0% per year over the past decade, in line with national trends. The rental yield currently stands at 6.0%, a notable improvement on the 10-year average of 5.3%, reflecting strengthening returns for landlords in recent years.
Income & Affordability Trends
Average net household income in NE19 is £38,071, close to the national median. The price-to-income ratio of 8.4x has worsened since 2016 (when it stood at 8.0x), indicating that property affordability has tightened modestly. Rental affordability has also deteriorated; the rent-to-income ratio has risen from 24.1% to 26.2% over the same period, suggesting growing pressure on renters' budgets.
Resident Demographic Profile
NE19 has a markedly older population: those aged 50–64 account for 27% (against 19.8% nationally), and those 65 and over represent 28.5% (against 19.6% nationally). Conversely, younger age groups are underrepresented; 16–24 year-olds make up just 6.4% compared to 11% nationally. The population is strongly weighted towards home ownership, with 42% owning outright (above the 33.7% national average). Trades workers are notably prominent at 17.9% of employment, well above the national average of 10.5%, reflecting the area's rural and farming heritage.