At a Glance
Average Property Price - NE20
£552,889
86
National percentile
Average Monthly Rent - NE
£830
23
National percentile
Average Net Household Income - NE20
£46,601
80
National percentile
Flat / Maisonette Yield - NE
6.0%
74
National percentile
10-Year Annualised Price Growth - NE20
3.5%
46
National percentile
10-Year Annualised Rent Growth - NE
4.0%
54
National percentile
Property Price & Volume Trends
At £553,000, NE20 sits among the most expensive districts nationally. Ten-year price growth of 3.5% per year has been below the national average, suggesting the area has gained value at a steady but unspectacular pace. Transaction volumes have fallen significantly, with 178 sales in the latest year against a ten-year average of 257—a decline of around 30%.
Rent & Yield Trends
Monthly rent in the broader NE postcode averages £830, well below the national average. Rental growth of 4.0% per year has been slightly ahead of the national pace, though from a lower base. The flat yield of 6.0% is currently above its ten-year average of 5.3%, indicating a modest improvement in rental returns.
Income & Affordability Trends
Average household income of £46,601 places NE20 well above the national average. However, the price-to-income ratio of 11.5x has drifted slightly upward since 2016 (11.3x), reflecting modest house price gains outpacing income growth. Rental affordability has also tightened: the rent-to-income ratio has risen from 24.1% to 26.2% over the same period.
Resident Demographic Profile
The area is notably older than the national average, with nearly 30% aged 65 and over compared to 19.6% nationally, alongside a significantly smaller proportion of young adults (7.9% aged 16–24 versus 11% nationally). Housing is characterised by very high owner-occupation: 49.7% own outright and 31.2% own with a mortgage, well above national figures, while private rental is correspondingly low at 12%. The workforce is heavily skewed towards professional (26.4%) and managerial (21.5%) roles, both substantially higher than the national average, with very few workers in elementary roles (4.8% versus 10.2% nationally).