At a Glance
Average Property Price - NE4
£192,140
10
National percentile
Average Monthly Rent - NE
£830
23
National percentile
Average Net Household Income - NE4
£13,855
1
National percentile
Flat / Maisonette Yield - NE
6.0%
74
National percentile
10-Year Annualised Price Growth - NE4
3.4%
42
National percentile
10-Year Annualised Rent Growth - NE
4.0%
54
National percentile
Property Price & Volume Trends
The average property price in NE4 is £192,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 3.4% per year—slightly below the national average pace. Transaction activity has slowed considerably: 148 sales occurred in the latest full year, down from a 10-year average of 223 annually.
Rent & Yield Trends
Average monthly rent in the broader NE postcode area is £830, below the national average. Rental growth has matched the national rate, with rents rising 4.0% per year over the past decade. The flat yield currently stands at 6.0%, above its 10-year average of 5.3%, reflecting improved returns for landlords.
Income & Affordability Trends
Average net household income is £14,000 per year, significantly below the national average. Property affordability has deteriorated sharply: the price-to-income ratio has more than doubled from 5.9x in 2016 to 13.5x today, indicating homes are now substantially harder to purchase relative to local earnings. Rental affordability has also declined, with rent consuming 26% of household income compared to 24% in 2016.
Resident Demographic Profile
The population skews notably younger, with 21.5% aged under 15—well above the national average of 17.5%—and a pronounced youth bulge among 16–24-year-olds (16.8% vs 11.0% nationally). Housing tenure is heavily weighted towards rented accommodation: 29% of households rent privately and 30% occupy social housing, roughly double the national private rental rate. The 50–64 age group is underrepresented at 15% compared to 20% nationally. Employment is marked by higher shares of elementary workers (15% vs 10% nationally), caring roles (11% vs 9%), and sales positions (11% vs 7%), with notably fewer managers (8% vs 13%) than average.